Merdeka Gold Resources Tbk. vs Rukun Raharja Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp5,725 (market cap 84.34T), while Rukun Raharja Tbk. trades at Rp920 (market cap 19.44T). The key difference: Merdeka Gold Resources Tbk. is far larger — about 4.3× Rukun Raharja Tbk.'s market cap. Which is the better fit depends on your goals.
| EMAS | RAJA | |
|---|---|---|
Market Cap | 84.34T | 19.44T |
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 Rukun Raharja (the company) was established by deed No. 290 dated December 24, 1993 were made before Ir. Rusli, S.H., and amended by deed No. 163 dated February 19, 1994 which made Kristianto, S.H., notary in Jakarta.On Jan 2003, the company offered 120.000.000 stock and 84.000.000 warrant through the Surabaya Stock Exchange with par value of Rp 100 and offering price Rp 110.The Company started its commercial operations on Jan 2002 with early main bussines in property.
Read more on RAJA →