Merdeka Battery Materials Tbk. vs Panca Mitra Multiperdana Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp520 (market cap 57.24T, 89.37M 24h volume), while Panca Mitra Multiperdana Tbk. trades at Rp50 (market cap 129.42B). The key difference: Merdeka Battery Materials Tbk. is far larger — about 442.3× Panca Mitra Multiperdana Tbk.'s market cap. Which is the better fit depends on your goals.
| MBMA | PMMP | |
|---|---|---|
Market Cap | 57.24T | 129.42B |
Volume | 89.37M | — |
Lot | 893.72K | — |
Turnover | 46.3B | — |
Average Price | 518.08 | — |
Value | 46.3B | — |
Indicative Equilibrium Price | 520 | — |
Indicative Equilibrium Volume | 90.42K | — |
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 Panca Mitra Multiperdana Tbk (the Company) was established in Jakarta based on Notarial Deed No. 52 of Buntario Tigris Darmawa Ng, S.H., S.E., Candidate Notary, dated August 8, 1997. The Company commenced its commercial activity in 1997. The Company’s immediate parent company is PT Tiga Makin Jaya, which is ultimately owned by Soesilo Soebardjo.
Read more on PMMP →