Merdeka Battery Materials Tbk. vs Sumber Tani Agung Resources Tbk — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Sumber Tani Agung Resources Tbk trades at Rp1,015 (market cap 11.01T, 3.22M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 5.1× Sumber Tani Agung Resources Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 3.22M). Which is the better fit depends on your goals.
| MBMA | STAA | |
|---|---|---|
Market Cap | 56.16T | 11.01T |
Volume | 48.81M | 3.22M |
Lot | 488.12K | 32.17K |
Turnover | 25.53B | 3.25B |
Average Price | 523.13 | 1,009.78 |
Value | 25.53B | 3.25B |
Indicative Equilibrium Price | 525 | 1,015 |
Indicative Equilibrium Volume | 41.15K | 72 |
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 Tani Agung Resources Tbk (the Company) (formerly PT Sinarlika Portibijaya Plantation) was established on July 31, 1993 based on the Notarial Deed No. 189 of Reny Helena Hutagalung, S.H., Notary in Medan. The Company has operated its palm oil processing factory since May 2010.
Read more on STAA →