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Almasane Alkobra Mining Co.

1322
AMAK
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  • Main Market
  • Materials

Stats Overview

  • Prev. Close 77.00
  • Open 77.00
  • High 77.70
  • Low 76.00
  • No. of Trades 1,419
  • Avg. Trade size* 145
  • Volume Traded 206,019
  • Value Traded (SAR) 15,875,096.60

Performance

AMAK
-0.60 ( -0.78% )
Compare
Index Name Index Level 1D Return
Almasane Alkobra Mining Co. 77.00 -0.78%
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
76.40
% Change
-0.78
Volume Traded
200

Best Bid

Price 76.40
Volume Traded 5,146

Best Offer

Price 76.60
Volume Traded 311

52 WEEK

High
119.80
2022/04/11
Low
69.30
2022/03/29
Change**
0.0

PERFORMANCE

Start of Year
72.7
Year ago
3 Years ago

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  • Announcements & Corporate Actions
  • Financials
  • Shareholding
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Announcements

  • Almasane Alkobra Mining Company (AMAK) announces the issuance of exploration license for Gold from the Ministry of Industry and Mineral Resources.

    1322
    AMAK -0.78 %
    1444/06/29     22/01/2023 08:16:29
  • Al Masane Al Kobra Mining Company "AMAK" signs new multiyear offtake agreement

    1322
    AMAK -0.78 %
    1444/06/19     12/01/2023 08:03:11
  • Almasane Alkobra Mining Company (AMAK) announces the issuance of exploration license for Gold,Zinc and Copper from the Ministry of Industry and Mineral Resources

    1322
    AMAK -0.78 %
    1444/06/12     05/01/2023 08:04:42
  • Addendum announcement from Almasane Alkobra Mining Company (AMAK) regarding the distribution of cash dividends to the shareholders for the Third Quarter of 2022 G.

    1322
    AMAK -0.78 %
    1444/04/26     20/11/2022 08:13:23
  • Almasane Alkobra Mining Co.(AMAK) announces the distribution of cash dividend for Third Quarter of 2022 G

    1322
    AMAK -0.78 %
    1444/04/20     14/11/2022 09:26:22
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Corporate Actions

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Financials

  • Balance Sheet
  • Statement of Income
  • Cash Flow
  • XBRL
  • Detailed Reports and Statements
  • Annually
  • Quarterly
Balance Sheet 2021-12-31
Current Assets
296,875
Inventory
71,349
Investments -
Fixed Assets
711,688
Other Assets
32,349
Total Assets
1,112,261
Current Liabilities
198,538
Non-Current Liabilities
265,287
Other Liabilities -
Shareholders Equity
648,436
Total Liabilities and Shareholder Equity
1,112,261
Minority Interests -
All Figures in Thousands
All Currency In SAR
Last Update Date 2022-04-04
Balance Sheet 2022-09-30 2022-06-30 2022-03-31
Current Assets
758,956
876,463
907,751
Inventory
78,906
76,379
65,240
Investments - - -
Fixed Assets
729,515
723,533
713,392
Other Assets
32,484
32,888
34,425
Total Assets
1,599,861
1,709,263
1,720,808
Current Liabilities
168,779
175,864
174,483
Non-Current Liabilities
199,473
196,364
250,989
Other Liabilities - - -
Shareholders Equity
1,231,609
1,337,035
1,295,336
Total Liabilities and Shareholder Equity
1,599,861
1,709,263
1,720,808
Minority Interests - - -
All Figures in Thousands Thousands Thousands
All Currency In SAR SAR SAR
Last Update Date 2022-11-01 2022-08-14 2022-05-18
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Shareholding Information

  • Board Of Directors
  • Foreign Ownership
  • Substantial Shareholders
Time Period
-
Search
Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
2023-01-31 محمد مانع سلطان ابالعلا Chairman 5.8880803 5.8880803 0
2023-01-31 سافاس ساهين Board of Directors 0.3564924 0.3564924 0
2023-01-31 عبدالاله عثمان ناصر الصالح Board of Directors 0.1837121 0.1837121 0
2023-01-31 محمد شعيب مشتاق احمد Senior Executives 0.0033333 0.0033333 0
2023-01-31 ايمن عبدالرحمن حمد الشبل Board of Directors 1.4200985 1.4200985 0
2023-01-31 ماجد علي مسلم Board of Directors 2.5697258 2.5697258 0
2023-01-31 ابراهيم علي حسين بن مسلم Board of Directors 2.8046515 2.8046515 0
2023-01-31 عبدالسلا م عبدالله عبدالعزيز الدريبي Board of Directors 0.0011818 0.0011818 0
  • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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Almasane Alkobra Mining Co.
Price 76.40
Market Cap (SAR MN) 5,042
P/E Ratio 30.09
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Company Profile

Company overview

Producing silver and gold bars and alloys, producing copper concentrates, zinc concentrates, extracting granite, nickel condensates, lead condensates, manufacturing of granite, blasting rocks, and establishing factories for the production of tiles and various building materials

Company History

Al Masane Al Kobra Mining Company AMAK is a Saudi Closed Joint Stock Company approved by the Ministry of Commerce and Investment Decree Number 247 Q dated 9 Shawwal 1428H corresponding to 21 October 2007 and registered in Jeddah under Commercial Registration No. 4030175345 on 7 Muharram 1429H corresponding to 16 January 2008. During 2015, the head office of the Company was moved from Jeddah to Najran. Accordingly, Najran Commercial Registration No. 5950017523 dated 3 Duh Al Qidah 1431H corresponding to 11 October 2010 was modified to be main Commercial Registration. During the year, the Company obtained commercial registration number 5950123986 dated 22 Dhu Al Hijjah 1442H corresponding to 1 August 2021 of a new branch in Najran. The registered office is located at P.O. Box 96, Najran, Kingdom of Saudi Arabia. The Company is engaged in mining of nonferrous metal ores aluminium, copper and lead, mining of ores of precious metals belonging to gold, silver and platinum group, and wholesaling precious metals and gemstones. The Company commenced its commercial production on 1 July 2012. The principal activity of the Company is to produce zinc and copper concentrates and silver and gold dore as per the license Number 86/Q dated 13 Ramadhan 1429H corresponding to 13 September 2008 issued by Ministry of Industry and Mineral Resources and expiring on 29 Duh Al Qidah 1443H corresponding to 28 June 2022. During the year, the Company renewed the license for further thirty years with license number 142941, starting from 30 June 2022 corresponding to 1 Dhu Al Hijjah 1443H. In addition, the Company obtained the license number 9598 Q dated 24 Duh Al Qidah 1436H corresponding to 8 September 2015 for twenty years and expiring on 23 Duh Al Qidah 1456H corresponding to 2 February 2035 from the Ministry of Industry and Mineral Resources for the exploitation of gold and silver dores from accompanying site Mount Guyan Surface. As at the reporting date, the Company has two mines namely Al Masane underground mine and Mount Guyan mine 2020 same. During the year, the Company has planned to expand its current activity by further developing the Moyeath orebody development project for the purpose of increasing the productive capacity of Al Masane underground mine. During the year, the Company commenced the process for Initial Public Offering IPO and Capital Market Authority CMA approval was obtained in this regard on 22 December 2021 corresponding to 18 Jumada Al Ula 1443H. Further, on 18 November 2021 corresponding to 13 Rabi Al Thani 1443H, the shareholders of the Company, in an extraordinary general meeting, passed a resolution about the increase in the Company share capital from SR 563,288,650 to SR 660,000,000 as part of the IPO process. The legal formalities have been completed on 23 March 2022 and the capital was increased accordingly.

Company Bylaws

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Equity Profile

  • Authorized Capital (SAR) 660,000,000
  • Issued Shares 66,000,000
  • Paid Capital (SAR) 660,000,000
  • Par Value/Share 10
  • Paid Up Value/Share 10

Last Update :2022-03-28

Investment limits

There are no investment limits on the company shares as per the amended rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company bylaw and the issued instructions by the related regulators and supervisory authorities.

 

  • Company Details
  • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
  • Date Established

    2008/01/16

  • Financial Year End

    31/12

  • Listing Date

    2022/03/29

  • External Auditors

    [Ernst & Young Professional Services Professional LLC]

  • ISIN CODE

    SA15HG50KL10

  • Number of Employees

    459

  • Chairman

    Mohammed bin Manea S. Aballala
    Non - Executive

    Mohammed bin Manea S. Aballala
    • BD Session Start
      2022-01-09
      Designation
      Chairman
    • BD Session End
      2025-01-08
      Classification
      Non - Executive
  • Board of Directors

    Ibrahim bin Ali H. Musallam Deputy Chairman - Non Executive

    Ibrahim bin Ali H. Musallam
    • BD Session Start
      2022-01-09
      Designation
      Board of Directors
    • BD Session End
      2025-01-08
      Classification
      Deputy Chairman - Non Executive

    Ayman bin Abdulrahman H. AlShibl Independent

    Ayman bin Abdulrahman H. AlShibl
    • BD Session Start
      2022-01-09
      Designation
      Board of Directors
    • BD Session End
      2025-01-08
      Classification
      Independent

    Fekry Youssef Mohamed Non - Executive

    Fekry Youssef Mohamed
    • BD Session Start
      2022-01-09
      Designation
      Board of Directors
    • BD Session End
      2025-01-08
      Classification
      Non - Executive

    Mohammed bin Ahmad M. AlShehhi Non - Executive

    Mohammed bin Ahmad M. AlShehhi
    • BD Session Start
      2022-01-09
      Designation
      Board of Directors
    • BD Session End
      2025-01-08
      Classification
      Non - Executive

    Majed bin Ali H. Musallam Non - Executive

    Majed bin Ali H. Musallam
    • BD Session Start
      2022-01-09
      Designation
      Board of Directors
    • BD Session End
      2025-01-08
      Classification
      Non - Executive

    Abdulelah bin Othman N. AlSaleh Independent

    Abdulelah bin Othman N. AlSaleh
    • BD Session Start
      2022-01-09
      Designation
      Board of Directors
    • BD Session End
      2025-01-08
      Classification
      Independent

    Abdulsalam bin Abdullah A. AlDuraibi Independent

    Abdulsalam bin Abdullah A. AlDuraibi
    • BD Session Start
      2022-01-09
      Designation
      Board of Directors
    • BD Session End
      2025-01-08
      Classification
      Independent

    Savas Sahin Non - Executive

    Savas Sahin
    • BD Session Start
      2022-01-09
      Designation
      Board of Directors
    • BD Session End
      2025-01-08
      Classification
      Non - Executive
  • Senior Executives

    Yahiya bin Mohammed A. AlShangiti CEO

    Yahiya bin Mohammed A. AlShangiti
    • BD Session Start
      2022-01-01
      Designation
      Senior Executives
    • BD Session End
      -
      Classification
      CEO

    Muhammad Shoaib Mushtaq Ahmed CFO

Muhammad Shoaib Mushtaq Ahmed
  • BD Session Start
    2022-09-19
    Designation
    Senior Executives
  • BD Session End
    -
    Classification
    CFO

Investor Relations

Contact Name:

Shahad Marwan Rajkhan

Company Address:

Najran City Building No 7847 PO Box 66244 Additional No 3181 Unit No 2

Contact Details:

Telephone: 966175292264
Fax: 966175238722
Email: srajkhan@amak.com.sa

Company Website:

www.amak.com.sa


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