Report
EUR 13.78 For Business Accounts Only

With a more favourable environment, SAUDI ARABIAN MINING improves to Slightly Positive

SAUDI ARABIAN MINING (SA), a company active in the General Mining industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date October 19, 2021, the closing price was SAR 88.70 and its potential was estimated at SAR 93.14.
Underlying
Saudi Arabian Mining Co.

Saudi Arabian Mining is engaged in various projects related to all stages of the mining industry, including development, advancement and improvement of the mineral industry, mineral products and by-products. Co.'s principal mining activities are at the Mahd Ad Dhahab, Al Hajar, Bulghah, Al Amar, Sukhaybarat, Al Jalamid, Az Zabirah and Al-Ghazallah mines. Co. mainly mines gold, phosphate rock, low-grade bauxite, kaolin and magnesite. Co. is involved in the following two major projects, both of which are in their development stages: Aluminium Project and Phosphate Production Facility.

Provider
TheScreener
TheScreener

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