Merdeka Battery Materials Tbk. vs Mutuagung Lestari Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp520 (market cap 57.24T, 89.37M 24h volume), while Mutuagung Lestari Tbk. trades at Rp135 (market cap 403.91B, 528.16M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 141.7× Mutuagung Lestari Tbk.'s market cap, and Mutuagung Lestari Tbk. is more actively traded (528.16M versus 89.37M). Which is the better fit depends on your goals.
| MBMA | MUTU | |
|---|---|---|
Market Cap | 57.24T | 403.91B |
Volume | 89.37M | 528.16M |
Lot | 893.72K | 5.28M |
Turnover | 46.3B | 73.81B |
Average Price | 518.08 | 139.74 |
Value | 46.3B | 73.81B |
Indicative Equilibrium Price | 520 | 135 |
Indicative Equilibrium Volume | 90.42K | 180.89K |
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 Mutuagung Lestari Tbk (the Company) was established in the Republic of Indonesia based on Deed No. 6 dated March 2, 1990 of Jacinta Susanti, S.H., Notary in Jakarta. The Company started its commercial operations in 1990.
Read more on MUTU →