Merdeka Gold Resources Tbk. vs Abadi Lestari Indonesia Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp5,725 (market cap 84.34T, 14.53M 24h volume), while Abadi Lestari Indonesia Tbk. trades at Rp3,260 (market cap 10.06T, 688.4K 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 8.4× Abadi Lestari Indonesia Tbk.'s market cap, and Merdeka Gold Resources Tbk. is more actively traded (14.53M versus 688.4K). Which is the better fit depends on your goals.
| EMAS | RLCO | |
|---|---|---|
Market Cap | 84.34T | 10.06T |
Volume | 14.53M | 688.4K |
Lot | 145.32K | 6.88K |
Turnover | 84.06B | 2.25B |
Average Price | 5,784.58 | 3,273.17 |
Value | 84.06B | 2.25B |
Indicative Equilibrium Price | 5,725 | 3,260 |
Indicative Equilibrium Volume | 3.32K | 15 |
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 Abadi Lestari Indonesia (the Entity) was established based on Notarial Deed No. 166 of Siti Nurul Hidajah, S.H., M.Kn., Notary in Bojonegoro, dated August 11, 2014. The Entity started its commercial operations in 2014. PT Abadi Lestari Indonesia is the parent entity, whereas Edwin Pranata is the ultimate beneficial owner of the group.
Read more on RLCO →