Merdeka Gold Resources Tbk. vs Equity Development Investment Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp7,550 (market cap 111.96T, 12.17M 24h volume), while Equity Development Investment Tbk. trades at Rp89 (market cap 1.39T, 5.13M 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 80.5× Equity Development Investment Tbk.'s market cap, and Merdeka Gold Resources Tbk. is more actively traded (12.17M versus 5.13M). Which is the better fit depends on your goals.
| EMAS | GSMF | |
|---|---|---|
Market Cap | 111.96T | 1.39T |
Volume | 12.17M | 5.13M |
Lot | 121.7K | 51.26K |
Turnover | 92.31B | 455.78M |
Average Price | 7,584.66 | 88.91 |
Value | 92.31B | 455.78M |
Indicative Equilibrium Price | 7,550 | 89 |
Indicative Equilibrium Volume | 3.01K | 663 |
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 Equity Development Investment Tbk (the “Company”) was established in Jakarta under the name of PT Gajah Surya Arta Leasing on November 1, 1982 based on the Notarial Deed of Didi Sudjadi, S.H., No. 1, as amended by deed No. 30 dated March 6, 1985 of the same notary. The Company changed its name to be PT BDNI Capital Corporation Tbk. On February 7, 2001, it changed the named again to be PT GT Investama Kapital, Tbk.
Read more on GSMF →