Merdeka Battery Materials Tbk. vs Mustika Ratu Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Mustika Ratu Tbk. trades at Rp444 (market cap 189.18B, 64K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 296.9× Mustika Ratu Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 64K). Which is the better fit depends on your goals.
| MBMA | MRAT | |
|---|---|---|
Market Cap | 56.16T | 189.18B |
Volume | 48.81M | 64K |
Lot | 488.12K | 640 |
Turnover | 25.53B | 28.39M |
Average Price | 523.13 | 443.54 |
Value | 25.53B | 28.39M |
Indicative Equilibrium Price | 525 | 444 |
Indicative Equilibrium Volume | 41.15K | 12 |
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. Mustika Ratu, founded in March 14, 1978 is a producer of traditional herbs and cosmetic. the Mustika Ratu line of herbal products are efficacious for health and beauty.
Read more on MRAT →