Update shared on 30 Nov 2025
Fair value Increased 2.61%Analysts have slightly increased their price target for Saudi Arabian Mining Company (Ma'aden) from SAR 55.37 to SAR 56.82, citing modest improvements in projected revenue growth and profit margins.
What's in the News
- Ma'aden has signed a binding term sheet with MP Materials Corp. and Mountain JV, LLC to jointly develop a rare earth refining and separation facility in Saudi Arabia. The agreement also includes advisory and technical services to develop the Jabal Sayid mine project. (Key Developments)
- MP Materials Corp., in partnership with the U.S. Department of War, is establishing a strategic joint venture with Ma'aden to build a rare earth refinery. This initiative aims to balance the global supply chain for rare earth materials and strengthen economic and security ties between the United States and Saudi Arabia. (Key Developments)
- Ivanhoe Electric Inc. has secured an additional 1,345 square kilometers of exploration licenses through its 50/50 joint venture with Ma'aden. These licenses are significant for their mineralization potential, including gold, copper, and iron oxide resources near existing Ma'aden operations. (Key Developments)
Valuation Changes
- Consensus Analyst Price Target has risen slightly to SAR 56.82 from SAR 55.37.
- Discount Rate increased marginally from 20.65% to approximately 20.69%.
- Revenue Growth forecast moved up modestly from 3.07% to 3.13%.
- Net Profit Margin rose slightly from 23.65% to 23.75%.
- Future P/E ratio decreased from 44.89x to 41.98x. This reflects consensus expectations of stronger earnings or a more attractive valuation.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.