Merdeka Battery Materials Tbk. vs Mitra Pinasthika Mustika Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Mitra Pinasthika Mustika Tbk. trades at Rp985 (market cap 4.34T, 1.43M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 12.9× Mitra Pinasthika Mustika Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 1.43M). Which is the better fit depends on your goals.
| MBMA | MPMX | |
|---|---|---|
Market Cap | 56.16T | 4.34T |
Volume | 48.81M | 1.43M |
Lot | 488.12K | 14.3K |
Turnover | 25.53B | 1.41B |
Average Price | 523.13 | 986.4 |
Value | 25.53B | 1.41B |
Indicative Equilibrium Price | 525 | 985 |
Indicative Equilibrium Volume | 41.15K | 420 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Mitra Pinasthika Mustika Tbk (the Company) was establised by deed of notary public Mrs. Rukmasanti Hardjasatya, S.H., Jakarta No. 2 dated November 2, 1987 and amended with deed No.6 dated 1 July 1988.
Read more on MPMX →