Indo Tambangraya Megah Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Indo Tambangraya Megah Tbk trades at Rp23,825 (market cap 27.15T, 1.23M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 2.1× Indo Tambangraya Megah Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 1.23M). Which is the better fit depends on your goals.
| ITMG | MBMA | |
|---|---|---|
Market Cap | 27.15T | 56.16T |
Volume | 1.23M | 48.81M |
Lot | 12.28K | 488.12K |
Turnover | 29.44B | 25.53B |
Average Price | 23,968.15 | 523.13 |
Value | 29.44B | 25.53B |
Indicative Equilibrium Price | 23,825 | 525 |
Indicative Equilibrium Volume | 322 | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
PT Indo Tambangraya Megah (the company) was established under its original name of PT Indotambangraya Megah base on notarial deed No.13 of Mr Benny Kristianto, SH, dated on Sep 2, 1987. The Company’s articles of association has been amended several times, most recently by notarial deed No. 33 dated 27 Jul 07 and No. 14 dated 22 Oct 07 of Fathiah Helmi concerning among others, the change in the Capital Structure, par value and public offering.
Read more on ITMG →PT Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
Read more on MBMA →