Merdeka Gold Resources Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp7,525 (market cap 111.96T, 359.2K 24h volume), while Merdeka Battery Materials Tbk. trades at Rp510 (market cap 55.08T, 15.88M 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 2× Merdeka Battery Materials Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (15.88M versus 359.2K). Which is the better fit depends on your goals.
| EMAS | MBMA | |
|---|---|---|
Market Cap | 111.96T | 55.08T |
Volume | 359.2K | 15.88M |
Lot | 3.59K | 158.81K |
Turnover | 2.7B | 8.07B |
Average Price | 7,504.41 | 507.89 |
Value | 2.7B | 8.07B |
Indicative Equilibrium Price | 7,500 | 510 |
Indicative Equilibrium Volume | 804 | 626.6K |
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 Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
Read more on MBMA →