Merdeka Gold Resources Tbk. vs Pertamina Geothermal Energy Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp5,725 (market cap 84.34T), while Pertamina Geothermal Energy Tbk. trades at Rp1,005 (market cap 42.11T). The key difference: Merdeka Gold Resources Tbk. is far larger — about 2× Pertamina Geothermal Energy Tbk.'s market cap. Which is the better fit depends on your goals.
| EMAS | PGEO | |
|---|---|---|
Market Cap | 84.34T | 42.11T |
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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 Pertamina Geothermal Energy Tbk (the Company) was established on December 12, 2006 by Notarial Deed No. 10 of Marianne Vincentia Hamdani, S.H. The Company started its commercialoperations on January 3, 2007. The Company’s parent is PT Pertamina Power Indonesia and its ultimate parent is the Government of the Republic of Indonesia.
Read more on PGEO →