Bumi Resources Tbk vs Gunung Raja Paksi Tbk. — how do they compare? Bumi Resources Tbk trades at Rp148 (market cap 54.96T), while Gunung Raja Paksi Tbk. trades at Rp296 (market cap 3.58T). The key difference: Bumi Resources Tbk is far larger — about 15.4× Gunung Raja Paksi Tbk.'s market cap. Which is the better fit depends on your goals.
| BUMI | GGRP | |
|---|---|---|
Market Cap | 54.96T | 3.58T |
Trailing returns across standard periods
Latest headlines on both assets
PT Bumi Resources Tbk was established in the Republic of Indonesia on June 26, 1973 based on Notarial Deed No. 130 and No. 103 dated Novmeber 28, 1973, both made by Djoko Soepadmo, S.H., notary in Surabaya. PT. Bumi Resources Tbk, previously named PT. Bumi Modern Tbk. (Company) is a Domestic Investment Company (PMDN), initially engaged in hotel and tourism industry. The Company has carried out diversification of activities expected to improve optimal return for shareholders. The Company deems it necessary to change the previous business activities, namely Hotel and Tourism Industries to Oil and Natural Gas Mining Industries.
Read more on BUMI →PT. Gunung Raja Paksi Tbk (the Company) was established under the name of PT Gunung Naga Mas based on Notarial Deed No.229 of Chairani Bustami,S.H. dated August 20,1990 that was amended by Notarial Deed No.25 dated June 6,1991. The change from Foreign Capital Investment (“FCI”) to Domestic Capital Investment (“DCI”) has been approved by the Capital Investment Coordinating Board of the Republic of Indonesia in its Letter No.346/1/IP/PMDN/2016 dated December 15, 2016.
Read more on GGRP →