Citra Tubindo Tbk. vs Merdeka Gold Resources Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp4,990 (market cap 4.04T, 43.7K 24h volume), while Merdeka Gold Resources Tbk. trades at Rp5,750 (market cap 84.34T, 3.92M 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 20.9× Citra Tubindo Tbk.'s market cap, and Merdeka Gold Resources Tbk. is more actively traded (3.92M versus 43.7K). Which is the better fit depends on your goals.
| CTBN | EMAS | |
|---|---|---|
Market Cap | 4.04T | 84.34T |
Volume | 43.7K | 3.92M |
Lot | 437 | 39.17K |
Turnover | 218.43M | 22.5B |
Average Price | 4,998.44 | 5,743.75 |
Value | 218.43M | 22.5B |
Indicative Equilibrium Price | 5,000 | 5,750 |
Indicative Equilibrium Volume | 2 | 145 |
Trailing returns across standard periods
Latest headlines on both assets
PT Citra Tubindo Tbk (the Company) was established on August 23rd, 1983, on Batam Island under the rules of the Domestic Capital Investment (PMDN) the main activities of the Company are seamless pipe processing, end finishing of Oil Country Tubular Goods (OCTG) and fabricating accessories for the Oil and Gas Industry. The Threading and End Finishing plant commenced commercial operation in 1984 and received American Petroleum Institute (API) in the same year. In 1986 the Company installed and put into operation a precision electro-plating plant which also passed the stringent requirements of MEPSI (Mobil Exploration and Production Services Inc.) standards. The Company has also built an assembly line for Drilltec Protectors, to reduce the dependency on overseas supplies. The products of the Company are distributed among domestic and international oil and gas contractors operating in Indonesia, and increasingly exported to contractors working in countries such as Malaysia, India, Vietnam, the Middle East, Japan Canada, Australia, Venezuela and the Philippines.
Read more on CTBN →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 →