Merdeka Gold Resources Tbk. vs Indah Kiat Pulp & Paper Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp5,725 (market cap 84.34T, 14.53M 24h volume), while Indah Kiat Pulp & Paper Tbk. trades at Rp7,425 (market cap 40.76T, 2.65M 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 2.1× Indah Kiat Pulp & Paper Tbk.'s market cap, and Merdeka Gold Resources Tbk. is more actively traded (14.53M versus 2.65M). Which is the better fit depends on your goals.
| EMAS | INKP | |
|---|---|---|
Market Cap | 84.34T | 40.76T |
Volume | 14.53M | 2.65M |
Lot | 145.32K | 26.52K |
Turnover | 84.06B | 19.61B |
Average Price | 5,784.58 | 7,395.79 |
Value | 84.06B | 19.61B |
Indicative Equilibrium Price | 5,725 | 7,425 |
Indicative Equilibrium Volume | 3.32K | 950 |
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 Indah Kiat Pulp & Paper Tbk (the Company) was established in Jakarta on December 7, 1976. Indah Kiat is one of Asia Pulp & Paper Co. Ltd’s (APP) indirect subsidiaries ano of the largest pulp & paper producer in Asia. The Company had started commercial production as early as 1978 in the Tangerang Mill. At the end of 1999, IKPP had an installed production capacity of more than 3 million tones. Indah Kiat received ISO 9002 QMS (Quality Management System) for compliance with quality system standards in the Perawang, Tangerang and Serang mills. The Company also received ISO 14001 EMS (Environmental Management System) for compliance with the environmental management in the Perawang and Tangerang mills.
Read more on INKP →