Merdeka Gold Resources Tbk. vs Bukit Asam Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp5,775 (market cap 84.34T, 3.87M 24h volume), while Bukit Asam Tbk. trades at Rp2,410 (market cap 27.88T, 2.08M 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 3× Bukit Asam Tbk.'s market cap, and Merdeka Gold Resources Tbk. is more actively traded (3.87M versus 2.08M). Which is the better fit depends on your goals.
| EMAS | PTBA | |
|---|---|---|
Market Cap | 84.34T | 27.88T |
Volume | 3.87M | 2.08M |
Lot | 38.72K | 20.84K |
Turnover | 22.24B | 5.03B |
Average Price | 5,743.64 | 2,412.12 |
Value | 22.24B | 5.03B |
Indicative Equilibrium Price | 5,750 | 2,420 |
Indicative Equilibrium Volume | 145 | 35K |
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 Bukit Asam (Persero) Tbk was established on March 2nd 1981 in Tanjung Enim as PT. Tambang Batubara Bukit Asam. However the mine working have been exploited since 1919 under Government of Netherland Indie. Take over by Japan on 1942, and nationalized by Indonesian Government on 1945. On October 30th 1990, government merged Perum Tambang Batubara, Sawahlunto in the corporate. On 1983, corporate assigned by government to develop coal briquet. Employees 4021 personnel.
Read more on PTBA →