Merdeka Gold Resources Tbk. vs Tirta Mahakam Resources Tbk — how do they compare? Merdeka Gold Resources Tbk. trades at Rp8,750 (market cap 126.69T, 21.27M 24h volume), while Tirta Mahakam Resources Tbk trades at Rp590 (market cap 657.65B, 520K 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 192.6× Tirta Mahakam Resources Tbk's market cap, and Merdeka Gold Resources Tbk. is more actively traded (21.27M versus 520K). Which is the better fit depends on your goals.
| EMAS | TIRT | |
|---|---|---|
Market Cap | 126.69T | 657.65B |
Volume | 21.27M | 520K |
Lot | 212.69K | 5.2K |
Turnover | 185.05B | — |
Average Price | 8,700.43 | — |
Value | 185.05B | — |
Indicative Equilibrium Price | 8,750 | — |
Indicative Equilibrium Volume | 10.1K | — |
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 Tirta Mahakam Resources Tbk (The Company) was established based on Deed No. 245 dated April 22, 1981 jo. Revision deed No. 14 dated January 11, 1982, both of which were made in front of Notary Kartini Muljadi, SH. The Company started its commercial production in November 1983. The Companys domicilie is in South of Jakarta with its factories in Samarinda, East Kalimantan.
Read more on TIRT →