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AMAK Tests Key Resistance
Almasane Alkobra Mining Company’s (“AMAK”) share is testing resistance at SAR 60 after rebounding from a secondary low of SAR 58.30, above its annual low of SAR 55.50. Holding above SAR 60 could open the way to targets of SAR 61.50 and SAR 63, followed by SAR 66, provided the share breaks above its late-October peak of SAR 65.10. SAR 58.20 represents the stop-loss level. This follows a decline from SAR 117.50 in January 2026, with momentum showing a relative improvement in recent trading.
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