Merdeka Gold Resources Tbk. vs Lupromax Pelumas Indonesia Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp5,725 (market cap 84.34T, 14.53M 24h volume), while Lupromax Pelumas Indonesia Tbk. trades at Rp118 (market cap 77.35B, 1.43M 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 1090.4× Lupromax Pelumas Indonesia Tbk.'s market cap, and Merdeka Gold Resources Tbk. is more actively traded (14.53M versus 1.43M). Which is the better fit depends on your goals.
| EMAS | LMAX | |
|---|---|---|
Market Cap | 84.34T | 77.35B |
Volume | 14.53M | 1.43M |
Lot | 145.32K | 14.32K |
Turnover | 84.06B | 165.87M |
Average Price | 5,784.58 | 115.81 |
Value | 84.06B | 165.87M |
Indicative Equilibrium Price | 5,725 | 118 |
Indicative Equilibrium Volume | 3.32K | 2K |
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 Lupromax Pelumas Indonesia Tbk formerly PT Karya Pelumas Indonesia (the Company) was established based on Notarial Deed No. 42 dated February 27, 2017 of Meissie Pholuan, S.H., notary in Jakarta. The Company started its commercial operations in 2017.
Read more on LMAX →