Bayan Resources Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Bayan Resources Tbk. trades at Rp11,600 (market cap 383.33T, 12.4K 24h volume), while Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 24.65M 24h volume). The key difference: Bayan Resources Tbk. is far larger — about 6.8× Merdeka Battery Materials Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (24.65M versus 12.4K). Which is the better fit depends on your goals.
| BYAN | MBMA | |
|---|---|---|
Market Cap | 383.33T | 56.16T |
Volume | 12.4K | 24.65M |
Lot | 124 | 246.53K |
Turnover | 144.69M | 12.91B |
Average Price | 11,668.55 | 523.76 |
Value | 144.69M | 12.91B |
Indicative Equilibrium Price | 11,500 | 525 |
Indicative Equilibrium Volume | 1.2K | 3.67K |
Trailing returns across standard periods
Latest headlines on both assets
Bayan Resources Tbk, PT (the company) was established on 7 Oct 2004 based on Notaries Deed No. 12 and the deed of establishment was approved by the the Ministry of Justice dated Dec 21, 2004. The Company’s articles of association has been amended several times, most recently by notarial deed No. 7 of Aulia Taufani, S.H., dated Jun 2, 2008, concerning among others, increase authorized, par value and public offering.
Read more on BYAN →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 →