Merdeka Gold Resources Tbk. vs Gunung Raja Paksi Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp5,725 (market cap 84.34T, 14.53M 24h volume), while Gunung Raja Paksi Tbk. trades at Rp296 (market cap 3.56T, 344.8K 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 23.7× Gunung Raja Paksi Tbk.'s market cap, and Merdeka Gold Resources Tbk. is more actively traded (14.53M versus 344.8K). Which is the better fit depends on your goals.
| EMAS | GGRP | |
|---|---|---|
Market Cap | 84.34T | 3.56T |
Volume | 14.53M | 344.8K |
Lot | 145.32K | 3.45K |
Turnover | 84.06B | 101.61M |
Average Price | 5,784.58 | 294.7 |
Value | 84.06B | 101.61M |
Indicative Equilibrium Price | 5,725 | 296 |
Indicative Equilibrium Volume | 3.32K | 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. Gunung Raja Paksi Tbk (the Company) was established under the name of PT Gunung Naga Mas based on Notarial Deed No.229 of Chairani Bustami,S.H. dated August 20,1990 that was amended by Notarial Deed No.25 dated June 6,1991. The change from Foreign Capital Investment (“FCI”) to Domestic Capital Investment (“DCI”) has been approved by the Capital Investment Coordinating Board of the Republic of Indonesia in its Letter No.346/1/IP/PMDN/2016 dated December 15, 2016.
Read more on GGRP →