Price movement over the last 24 hours
Amman Mineral Internasional Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Amman Mineral Internasional Tbk trades at Rp3,350 (market cap 258.16T, 72.41M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp478 (market cap 55.08T, 86.78M 24h volume). The key difference: Amman Mineral Internasional Tbk is far larger — about 4.7× Merdeka Battery Materials Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (86.78M versus 72.41M). Which is the better fit depends on your goals.
| AMMN | MBMA | |
|---|---|---|
Market Cap | 258.16T | 55.08T |
Volume | 72.41M | 86.78M |
Lot | 724.15K | 867.8K |
Turnover | 248.17B | 42.63B |
Average Price | 3,427.09 | 491.23 |
Value | 248.17B | 42.63B |
Indicative Equilibrium Price | 3,350 | 478 |
Indicative Equilibrium Volume | 29.86K | 34.05K |
Trailing returns across standard periods
Latest headlines on both assets
PT Amman Mineral Internasional Tbk (the Company) was established on September 29, 2015 under the name PT Amman Mineral Internasional and based on Notarial Deed No. 30 of Martina, S.H., notary in Jakarta. The Company was established in connection with the acquisition of AMNT, formerly known as PT Newmont Nusa Tenggara (PTNNT). PTNNT runs its operations under the ownership of a consortium of investors, including Nusa Tenggara Partnership B.V. (NTPBV) which is indirectly owned by Newmont Corporation (Newmont) and Sumitomo Corporation (Sumitomo), PT Multi Daerah Bersaing (PTMDB), PT Indonesia Masbaga Investama (PTIMI), and PT Pukuafu Indah (PTPI). On November 2, 2016, the Company acquired 82.2% shares of PTNNT from NTPBV, PTMDB, and PTIMI, and changed PTNNTs name to AMNT (Acquisition). In December 2020, the Company acquired the remaining outstanding shares of AMNT from PTPI, where the Company is until the date of this Prospectus is issued, owns 99.99% of AMNTs outstanding shares. The remaining 0.01% outstanding shares of AMNT are owned by PT AP Investment (PTAPI), one of the Companys shareholders. Established in 1986, PTNNT began development and construction of the Batu Hijau mine in 1997 and has been producing commodities in the form of copper concentrate which also contains gold and silver as minerals followers since 2000.
Read more on AMMN →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 →