Citra Borneo Utama Tbk. vs Merdeka Gold Resources Tbk. — how do they compare? Citra Borneo Utama Tbk. trades at Rp795 (market cap 2.47T, 58.6K 24h volume), while Merdeka Gold Resources Tbk. trades at Rp5,725 (market cap 84.34T, 14.53M 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 34.1× Citra Borneo Utama Tbk.'s market cap, and Merdeka Gold Resources Tbk. is more actively traded (14.53M versus 58.6K). Which is the better fit depends on your goals.
| CBUT | EMAS | |
|---|---|---|
Market Cap | 2.47T | 84.34T |
Volume | 58.6K | 14.53M |
Lot | 586 | 145.32K |
Turnover | 46.6M | 84.06B |
Average Price | 795.15 | 5,784.58 |
Value | 46.6M | 84.06B |
Indicative Equilibrium Price | 795 | 5,725 |
Indicative Equilibrium Volume | 1 | 3.32K |
Trailing returns across standard periods
Latest headlines on both assets
PT Citra Borneo Utama Tbk (the “Company”) was established based on Notarial Deed No. 102 dated 14 March 2013 of Teguh Hendrawan, S.H., M.Kn. Notary in Pangkalan Bun. The Company commenced its commercial activities in August 2018.
Read more on CBUT →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 →