Merdeka Battery Materials Tbk. vs Sumber Mineral Global Abadi Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Sumber Mineral Global Abadi Tbk. trades at Rp69 (market cap 595B, 8.21M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 94.4× Sumber Mineral Global Abadi Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 8.21M). Which is the better fit depends on your goals.
| MBMA | SMGA | |
|---|---|---|
Market Cap | 56.16T | 595B |
Volume | 48.81M | 8.21M |
Lot | 488.12K | 82.1K |
Turnover | 25.53B | 555.79M |
Average Price | 523.13 | 67.7 |
Value | 25.53B | 555.79M |
Indicative Equilibrium Price | 525 | 69 |
Indicative Equilibrium Volume | 41.15K | 4.45K |
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 Sumber Mineral Global Abadi Tbk (the Company) was established based on Notarial Deed No. 2 dated October 19, 2016 of Selina Bertha Eny, S.H., a notary in South Tanggerang. The Company started its commercial operations in 2016. The Company’s immediate and ultimate parententities are PT Sumber Global Energy Tbk and PT Sumbermas Inti Energi, respectively, both entities domiciled in Jakarta. The controlling interest of the Company is PT Sumber Global Energy Tbk.
Read more on SMGA →