Merdeka Gold Resources Tbk. vs Krakatau Steel (Persero) Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp5,725 (market cap 84.34T, 14.53M 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp224 (market cap 4.41T, 10.07M 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 19.1× Krakatau Steel (Persero) Tbk.'s market cap, and Merdeka Gold Resources Tbk. is more actively traded (14.53M versus 10.07M). Which is the better fit depends on your goals.
| EMAS | KRAS | |
|---|---|---|
Market Cap | 84.34T | 4.41T |
Volume | 14.53M | 10.07M |
Lot | 145.32K | 100.67K |
Turnover | 84.06B | 2.28B |
Average Price | 5,784.58 | 226.43 |
Value | 84.06B | 2.28B |
Indicative Equilibrium Price | 5,725 | 224 |
Indicative Equilibrium Volume | 3.32K | 3.88K |
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 Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →