Buy Saudi Arabian Mining | Tadawul 1211 | 6-7% target | KSA stock trading idea on 4 May 2026

Date

4 May 2026

Analysed By

Naranj Capital Research Desk

Stock Market

Tadawul, Saudi Arabia

Saudi Tadawul Stock Trade Advice

Buy

Buy
Range

Target

Stoploss

Upside
Potential

Trade
Duration

Saudi Arabian Mining

66 - 67

71 - 72

Below 64

6% - 7%

12 - 14 Days

Buy Saudi Arabian Mining

Buy
Range 66 - 67

Target 71 - 72

Stoploss Below 64

Upside
Potential 6% - 7%

Trade
Duration 12 - 14 Days

* Once the first target hit, reset the StopLoss at your buying price.

* Trade durations are approximate; actual holding period may vary.

Tadawul 1211 : Saudi Arabian Mining - Stock Overview

Tadawul code

Stock Name

Sector

52 Weeks High

52 Weeks Low

1211

MAADEN

Materials

79.90

46.80

Tadawul code 1211

Stock Name MAADEN

Sector Materials

52 Weeks High 79.90

52 Weeks Low 46.80

Company profile

Saudi Arabian Mining Company (Ma’aden) is a large mining and metals company based in Riyadh, Saudi Arabia.

It operates globally and focuses on key segments like phosphate, aluminium, and base metals.

The company mines resources such as gold, phosphate, bauxite, and copper, and produces products like fertilizers, aluminum, and industrial minerals.

It also runs several major mines in Saudi Arabia and supports infrastructure and industrial projects.

Tadawul 1211 : Saudi Arabian Mining vs TASI - Relative Performance

The image highlights Maaden's performance over the last year versus TASI. — Relative Performance - Last 1 Year
MAADEN — TASI —

Tadawul 1211 : Saudi Arabian Mining - Price Performance

Tadawul 1211 : Saudi Arabian Mining - Technical Analysis (Daily)

Saudi Arabian Mining - Technical Analysis chart on Daily Price and Volume

The stock has rebounded from its trendline support, indicating buying interest at lower levels.
If momentum builds from here, the price could continue moving higher in the near term.

Tadawul 1211 : Saudi Arabian Mining - Oscillators

Indicator	Value	Zone
RSI-14	46.79	Neutral
CCI-14	-66.70	Neutral
ROC	-6.73	Negative
Stochastic RSI	30.07	Neutral
William %R	-72.78	Neutral

Tadawul 1211 : Saudi Arabian Mining - Exponential Moving Averages

EMA	Value	Stock Position
5 EMA	66.64	Above
10 EMA	67.27	Below
20 EMA	67.86	Below
50 EMA	68.09	Below
100 EMA	67.21	Above
200 EMA	63.78	Above

Conclusion - Tadawul 1211 : Saudi Arabian Mining Stock Price Forecast

Based on our Saudi stocks trading guidance, Saudi Arabian Mining stock price target will be SAR 39 - SAR 40 in the next 12-14 trading sessions.

MONEY MANAGEMENT AND TRADING RULES

Buy within the recommended price range. You may allow up to 1% flexibility beyond the range if needed.
No need to rush. The recommendation remains valid for up to 7 days, not just at market open.
Use a trailing stop-loss to protect and lock in profits.
Diversify your trading capital across our other recommended stocks to reduce risk.
Invest responsibly. Trade only with funds you can afford to lose and hedge positions where appropriate.

Analyst Summary

The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA.

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.