Merdeka Gold Resources Tbk. vs Eratex Djaja Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp5,750 (market cap 84.34T, 4.89M 24h volume), while Eratex Djaja Tbk. trades at Rp151 (market cap 189.12B, 2.6M 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 446× Eratex Djaja Tbk.'s market cap, and Merdeka Gold Resources Tbk. is more actively traded (4.89M versus 2.6M). Which is the better fit depends on your goals.
| EMAS | ERTX | |
|---|---|---|
Market Cap | 84.34T | 189.12B |
Volume | 4.89M | 2.6M |
Lot | 48.91K | 26.03K |
Turnover | 28.09B | 383.03M |
Average Price | 5,744.16 | 147.16 |
Value | 28.09B | 383.03M |
Indicative Equilibrium Price | 5,750 | 148 |
Indicative Equilibrium Volume | 145 | 15 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Eratex Djaja Tbk (the "Entity") was established in the framework of Foreign Capital Investment Law No.1, 1967 by Notarial Deed No.7 dated October 12, 1972 based on Deed prepared by Koerniatini Karim, Public Notary in Jakarta. Founded in 1972 as a joint venture company between PT Private Development Finance Company of Indonesia Ltd. and Limmen Investment Ltd., Unisouh Holding Ltd., Eastern Cotton Mills Ltd. Yarn spinning factory was built in 1973 on 17 ha of land in Probolinggo.
Read more on ERTX →