Bank Danamon Indonesia Tbk vs Merdeka Gold Resources Tbk. — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while Merdeka Gold Resources Tbk. trades at Rp5,725 (market cap 82.13T, 9.84M 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 2.1× Bank Danamon Indonesia Tbk's market cap, and Merdeka Gold Resources Tbk. is more actively traded (9.84M versus 1.96M). Which is the better fit depends on your goals.
| BDMN | EMAS | |
|---|---|---|
Market Cap | 40.06T | 82.13T |
Volume | 1.96M | 9.84M |
Lot | 19.62K | 98.4K |
Turnover | 8.11B | 56.08B |
Average Price | 4,134.3 | 5,699.4 |
Value | 8.11B | 56.08B |
Indicative Equilibrium Price | 4,150 | 5,725 |
Indicative Equilibrium Volume | 390 | 3.77K |
Trailing returns across standard periods
Latest headlines on both assets
Bank Danamon (the Bank) domiciled in Jakarta, was established on July 16, 1956, based on the notarial deed No. 134 of Meester Raden Soedja, S.H. The Bank received its permit as a commercial bank the following September 1956, and became a foreign exchange bank in November 1988. During the Asian Financial crisis of 1997, Bank Danamon ran into a liquidity insolvency and was taken over by the government of Indonesia in April 1998, which placed in the care of the Indonesian Bank Restructuring Agency (IBRA) to be included in the bank recapitalization and merger programs. Following a third rights issue by Bank Danamon and the subsequent merging of Bank PDFCI into the Bank on December 30, 1999; the racapitalizaton of Bank Danamon which increased its statutory capital To Rp 10 trillion on May 17, 2000; and the merging of eight private banks (Bank Jaya, Bank Tiara Asia, Bank Pos Nusntara, Bank Rama, Bank Tamara, Bank Nusa Nasional, Bank Duta and Bank Bank Risjad Salim International) into Bank Danamon on June 30, 2000; Bank Danamon re-emerged as one of Indonesia’s four designated core banks along with Bank Central Asia in the private sector, and with Bank andiri and Bank BNI in the Public sector.
Read more on BDMN →PT Merdeka Gold Resources Tbk (formerly PT Pani Bersama Jaya) (the Company), was established in Republic of Indonesia based on Deed of Establishment No. 87 dated 20 November 2015 made before Humberg Lie, S.H., S.E., M.Kn., Notary in North Jakarta. The ultimate parent entity of the Company is PT Merdeka Copper Gold Tbk (MCG). Meanwhile, MCG is jointly controlled by PT Provident Capital Indonesia and PT Saratoga Investama Sedaya Tbk, which are respectively controlled by Winato Kartono and Edwin Soeryadjaya.
Read more on EMAS →