Price movement over the last 24 hours
Adaro Minerals Indonesia Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Adaro Minerals Indonesia Tbk trades at Rp1,385 (market cap 57.85T, 12.07M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp478 (market cap 55.08T, 86.78M 24h volume). The key difference: Adaro Minerals Indonesia Tbk and Merdeka Battery Materials Tbk. are close in size by market cap, and Merdeka Battery Materials Tbk. is more actively traded (86.78M versus 12.07M). Which is the better fit depends on your goals.
| ADMR | MBMA | |
|---|---|---|
Market Cap | 57.85T | 55.08T |
Volume | 12.07M | 86.78M |
Lot | 120.73K | 867.8K |
Turnover | 16.81B | 42.63B |
Average Price | 1,392.51 | 491.23 |
Value | 16.81B | 42.63B |
Indicative Equilibrium Price | 1,385 | 478 |
Indicative Equilibrium Volume | 3.47K | 34.05K |
Trailing returns across standard periods
Latest headlines on both assets
PT Adaro Minerals Indonesia Tbk (the Company) formerly PT Jasapower Indonesia was established in the Republic of Indonesia on 25 September 2007 based on Notarial deed No. 9 of Dwi Yulianti, S.H. The Company is a company under the auspices of PT Adaro Energy Tbk.
Read more on ADMR →PT Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
Read more on MBMA →