Merdeka Gold Resources Tbk. vs Sumber Energi Andalan Tbk — how do they compare? Merdeka Gold Resources Tbk. trades at Rp5,725 (market cap 84.34T), while Sumber Energi Andalan Tbk trades at Rp1,330 (market cap 1.33T). The key difference: Merdeka Gold Resources Tbk. is far larger — about 63.4× Sumber Energi Andalan Tbk's market cap. Which is the better fit depends on your goals.
| EMAS | ITMA | |
|---|---|---|
Market Cap | 84.34T | 1.33T |
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 Sumber Energi Andalan Tbk (the Company) was established based on Notarial deed No. 6 dated September 21, 2011 of Leolin Jayayanti, S.H., notary in Jakarta. PT Sumber Energi Andalan Tbk manufactures gold jewelry such as necklaces, bracelets, rings, and pendants. The company has a factory located on a site of 18.3 Ha in the industrial estate Rungkut, Surabaya. Previously the Company's name had been changed from PT Itamaraya Gold Industry Tbk to PT Itamaraya Tbk.
Read more on ITMA →