Merdeka Gold Resources Tbk. vs Gudang Garam Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp5,725 (market cap 84.34T, 14.53M 24h volume), while Gudang Garam Tbk. trades at Rp16,850 (market cap 32.04T, 879.8K 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 2.6× Gudang Garam Tbk.'s market cap, and Merdeka Gold Resources Tbk. is more actively traded (14.53M versus 879.8K). Which is the better fit depends on your goals.
| EMAS | GGRM | |
|---|---|---|
Market Cap | 84.34T | 32.04T |
Volume | 14.53M | 879.8K |
Lot | 145.32K | 8.8K |
Turnover | 84.06B | 14.66B |
Average Price | 5,784.58 | 16,664.12 |
Value | 84.06B | 14.66B |
Indicative Equilibrium Price | 5,725 | 16,850 |
Indicative Equilibrium Volume | 3.32K | 451 |
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 Gudang Garam Tbk (the Company), previously named as PT Perusahaan Rokok Tjap Gudang Garam Kediri was established by Deed of Mr. Suroso S.H., acting notary public in Kediri, dated 30 June 1971 No. 10 amended by deed of the same notary dated 13 October 1971 No. 13. The Company is a continuation of a Proprietorship which was established in 1958. In 1969, the Company changed its legal status to a Partnership and in 1971 it was further changed its legal entity as a Limited Liability Company. Commercial operation was commenced in 1958.
Read more on GGRM →