Merdeka Gold Resources Tbk.
EMAS · Barang Baku
7,050
+51.29% 1-year change
Last completed session, Oct 16, 2026
What makes up the 59
Value
2Against 788 other IDX companiesExpensive against comparable stocks.
- P/E
- Loss
- 0%Cheaper than 0% of other IDX companies
- P/B
- 17.63×
- 4%Cheaper than 4% of other IDX companies
- Dividend yield
- —
- —Not ranked
Quality
13Against 788 other IDX companiesLess profitable than most comparable stocks.
- Return on equity
- -6.8%
- 15%Higher than 15% of other IDX companies
- Return on assets
- -2.6%
- 19%Higher than 19% of other IDX companies
- Net margin
- -81.9%
- 4%Higher than 4% of other IDX companies
Growth
100Against 788 other IDX companiesGrowing faster than almost all comparable stocks.
- Profit, last 4 quarters
- —
- —Not ranked
- Profit, 3-year yearly
- —
- —Not ranked
- Profit, latest quarter vs a year ago
- —
- —Not ranked
- Revenue, latest quarter vs a year ago
- +35,688.8%
- 100%Higher than 100% of other IDX companies
Momentum
88Against 836 traded stocksOne of the stronger price trends on IDX over the past year.
- 1-year price change
- +46%
- 88%Better than 88% of traded stocks
Liquidity
96Against 836 traded stocksAmong the most traded stocks on IDX.
- Value traded per day, 30 days
- IDR 87B
- 96%Higher than 96% of traded stocks
Retail penalty
−1Retail brokers XL, XC, RO, YP, past 20 sessionsRetail is underwater here, deeper than 24% of the other stocks where it is, so 1 point comes off the rating.
- Retail average buy
- 7,794
- Close vs that average
- -9.5%
- Retail net bought
- -122K lots
Current shareholders
The issuer's shareholder register as reported to IDX.
Register as of Sep 30, 2026 · Source
MERDEKA COPPER GOLD TBK PTCorporate
64.83%9.6B
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONBank
6.3%928M
WINATO KARTONOIndividual
3.61%532M
CONTINUUM SPCMutual Funds
1.91%281M
LAVERTON INVESTMENT HOLDINGS LTDInvestment Advisors
1.53%226M
HARDI WIJAYA LIONGIndividual
1.37%202M
PT NUSANTARA INDAH CEMERLANGCorporate
1.35%200M
SANTOSO KARTONOIndividual
1.26%185M
STANDARD CHARTERED BANK (SINGAPORE) LIMITEDBank
1.16%170M
BINTANG DELAPAN HARMONI, PTCorporate
1.14%168M
SMG MANAGEMENT LIMITEDPrivate Equity
1.09%161M
Ownership by holder type
Month of Aug 31, 2026 · Source
- Corporate72.49%
- Individual10%
- Bank7.73%
- Investment Advisors3.71%
- Mutual Funds2.54%
- Exchange Traded Funds1.13%
- Insurance0.97%
- 16 other holder types1.42%
Ownership changes
Changes reported in IDX ownership filings, including directors and major shareholders. Unchanged daily snapshots and extractions below 70% confidence are omitted.
| Filed | Holder | Stake | Extraction confidence | Source |
|---|---|---|---|---|
| Sep 9, 2026 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | 6.33% → 6.3%Shares: 932,767,000 → 927,767,000 | 100% | Source file |
| Sep 4, 2026 | MERDEKA COPPER GOLD TBK PT | 64.83% → 64.83%Shares: 9,549,697,365 → 9,550,297,365 | 100% | Source file |
| Sep 2, 2026 | MERDEKA COPPER GOLD TBK PT | 64.55% → 64.83%Shares: 9,508,829,365 → 9,549,697,365 | 100% | Source file |
| Sep 1, 2026 | MERDEKA COPPER GOLD TBK PT | 64.42% → 64.55%Shares: 9,489,407,165 → 9,508,829,365 | 100% | Source file |
| Aug 31, 2026 | MERDEKA COPPER GOLD TBK PT | 64.38% → 64.42%Shares: 9,484,511,965 → 9,489,407,165 | 100% | Source file |
| Aug 28, 2026 | MERDEKA COPPER GOLD TBK PT | 64.28% → 64.38%Shares: 9,469,069,665 → 9,484,511,965 | 100% | Source file |
| Aug 27, 2026 | MERDEKA COPPER GOLD TBK PT | 64.22% → 64.28%Shares: 9,459,752,065 → 9,469,069,665 | 100% | Source file |
| Aug 26, 2026 | MERDEKA COPPER GOLD TBK PT | 64.19% → 64.22%Shares: 9,456,212,865 → 9,459,752,065 | 100% | Source file |
| Aug 24, 2026 | MERDEKA COPPER GOLD TBK PT | 64.15% → 64.19%Shares: 9,450,093,565 → 9,456,212,865 | 100% | Source file |
| Aug 21, 2026 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | 6.33% → 6.33%Shares: 932,467,000 → 932,767,000 | 100% | Source file |
| Aug 21, 2026 | MERDEKA COPPER GOLD TBK PT | 64.12% → 64.15%Shares: 9,446,433,965 → 9,450,093,565 | 100% | Source file |
| Aug 19, 2026 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | 6.29% → 6.33%Shares: 926,467,000 → 932,467,000 | 100% | Source file |
| Aug 19, 2026 | MERDEKA COPPER GOLD TBK PT | 64.11% → 64.12%Shares: 9,444,662,365 → 9,446,433,965 | 100% | Source file |
| Aug 18, 2026 | MERDEKA COPPER GOLD TBK PT | 64.11% → 64.11%Shares: 9,444,048,965 → 9,444,662,365 | 100% | Source file |
| Aug 14, 2026 | MERDEKA COPPER GOLD TBK PT | 64.05% → 64.11%Shares: 9,436,124,965 → 9,444,048,965 | 100% | Source file |
| Aug 13, 2026 | MERDEKA COPPER GOLD TBK PT | 64.01% → 64.05%Shares: 9,429,935,665 → 9,436,124,965 | 100% | Source file |
| Aug 13, 2026 | MERDEKA COPPER GOLD TBKController | 63.33% → 64.01% | 78% | PDF, page 1 |
| Aug 12, 2026 | MERDEKA COPPER GOLD TBK PT | 63.99% → 64.01%Shares: 9,426,031,865 → 9,429,935,665 | 100% | Source file |
| Aug 11, 2026 | MERDEKA COPPER GOLD TBK PT | 63.94% → 63.99%Shares: 9,418,717,965 → 9,426,031,865 | 100% | Source file |
| Aug 10, 2026 | MERDEKA COPPER GOLD TBK PT | 63.9% → 63.94%Shares: 9,413,803,665 → 9,418,717,965 | 100% | Source file |
| Aug 7, 2026 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | 6.28% → 6.29%Shares: 925,617,000 → 926,467,000 | 100% | Source file |
| Aug 6, 2026 | MERDEKA COPPER GOLD TBK PT | 63.85% → 63.9%Shares: 9,406,327,665 → 9,413,803,665 | 100% | Source file |
| Aug 5, 2026 | MERDEKA COPPER GOLD TBK PT | 63.77% → 63.85%Shares: 9,394,865,365 → 9,406,327,665 | 100% | Source file |
| Aug 4, 2026 | MERDEKA COPPER GOLD TBK PT | 63.7% → 63.77%Shares: 9,383,323,465 → 9,394,865,365 | 100% | Source file |
| Aug 3, 2026 | MERDEKA COPPER GOLD TBK PT | 63.61% → 63.7%Shares: 9,370,787,065 → 9,383,323,465 | 100% | Source file |
| Jul 31, 2026 | MERDEKA COPPER GOLD TBK PT | 63.55% → 63.61%Shares: 9,361,667,465 → 9,370,787,065 | 100% | Source file |
| Jul 30, 2026 | MERDEKA COPPER GOLD TBK PT | 63.49% → 63.55%Shares: 9,353,242,465 → 9,361,667,465 | 100% | Source file |
| Jul 29, 2026 | MERDEKA COPPER GOLD TBK PT | 63.42% → 63.49%Shares: 9,342,644,065 → 9,353,242,465 | 100% | Source file |
| Jul 29, 2026 | WINATO KARTONO | 3.73% → 3.61% | 78% | PDF, page 1 |
| Jul 28, 2026 | MERDEKA COPPER GOLD TBK PT | 63.33% → 63.42%Shares: 9,329,376,465 → 9,342,644,065 | 100% | Source file |
| Jul 27, 2026 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | 6.08% → 6.28%Shares: 895,227,000 → 925,617,000 | 100% | Source file |
| Jul 24, 2026 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | 6.09% → 6.08%Shares: 896,686,000 → 895,227,000 | 100% | Source file |
| Jun 22, 2026 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | 3.1% → 6.1% | 74% | PDF, page 1 |
| May 28, 2026 | XINYU WANG | 0.01% → 0.01% | 74% | PDF, page 1 |
| May 11, 2026 | Nicholas John GreenController | 0% → 2%Shares: 0 → 300,000 | 78% | PDF, page 12 |
| May 11, 2026 | Winato KartonoController | 0% → —Shares: 0 → 548,772,817 | 78% | PDF, page 12 |
| May 11, 2026 | Xinyu WangController | 0% → 9%Shares: 0 → 1,329,400 | 78% | PDF, page 12 |
| May 11, 2026 | Winato KartonoController | 0% → 3.73%Shares: 0 → 548,772,817 | 74% | PDF, page 2 |
| May 11, 2026 | Xinyu Wang | 0% → 0.01%Shares: 0 → 1,329,400 | 72% | PDF, page 2 |
| May 11, 2026 | Nicholas John Green | 0% → 0%Shares: 0 → 300,000 | 72% | PDF, page 2 |
See who is buying EMAS right now
Broker flow, running trades and orderbook depth for every IDX stock, with screeners and backtests on top.
Recent IDX disclosures
Filings published on IDX in the last two years, newest first. Titles are as filed.
- Oct 12, 2026Laporan Bulanan Aktivitas EksplorasiRead by us Oct 12, 2026, 6:10 PM
- Oct 12, 2026Laporan Bulanan Registrasi Pemegang EfekRead by us Oct 12, 2026, 8:20 PM
- Oct 3, 2026Amendemen dan Pernyataan Kembali Keterbukaan Informasi Mengenai Transaksi Material yang Merupakan Transaksi AfiliasiRead by us Oct 3, 2026, 5:00 PM
- Oct 2, 2026Perjanjian Penyediaan Jasa yang dibuat oleh dan antara PT Merdeka Mining Servis dengan, masing-masing, PT Mentari Alam Persada, PT Pani Industri Nusantara, dan PT Pani Bersama TambangRead by us Oct 2, 2026, 10:10 PM
- Sep 29, 2026Transaksi-Transaksi Material yang Merupakan Transaksi-Transaksi Afiliasi: (i) Perjanjian Utang Piutang antara PT Pani Industri Nusantara dan Perseroan; (ii) Perjanjian Utang Piutang antara PT Pani Industri Nusantara dan PT Gorontalo Sejahtera Mining; dan (iii) Perjanjian Utang Piutang antara PT Pani Industri Nusantara dan PT Puncak Emas Tani SejahteraRead by us Sep 29, 2026, 5:50 PM
- Sep 10, 2026Laporan Bulanan Registrasi Pemegang EfekRead by us Sep 10, 2026, 7:20 PM
- Sep 3, 2026Penjelasan atas Volatilitas TransaksiRead by us Sep 3, 2026, 6:10 PM
- Aug 27, 2026Keterbukaan Informasi Sehubungan dengan Pengumuman PT Merdeka Gold Resources Tbk pada Bursa Efek Hong Kong (The Stock Exchange of Hong Kong Limited)Read by us Aug 27, 2026, 10:40 PM
- Aug 27, 2026Penyampaian Laporan Keuangan Interim Yang Ditelaah Secara TerbatasRead by us Aug 27, 2026, 10:10 PM
- Aug 24, 2026Transaksi Material Perjanjian Jual Beli Bersyarat atas Peralatan dan Perjanjian Layanan Konsultasi Penunjang antara PT Pani Industri Nusantara dan Vision Green Energy (Beijing) Tech, Co., Ltd.Read by us Aug 24, 2026, 9:10 PM
- Aug 24, 2026LAPORAN KEPEMILIKAN ATAU SETIAP PERUBAHAN KEPEMILIKAN SAHAM PERUSAHAAN TERBUKARead by us Aug 24, 2026, 9:10 PM
- Aug 13, 2026LAPORAN KEPEMILIKAN ATAU SETIAP PERUBAHAN KEPEMILIKAN SAHAM PERUSAHAAN TERBUKARead by us Aug 13, 2026, 8:40 PM
- Aug 13, 2026Keterbukaan Informasi Sehubungan dengan Pengumuman PT Merdeka Gold Resources Tbk pada Bursa Efek Hong Kong (The Stock Exchange of Hong Kong Limited)Read by us Aug 13, 2026, 8:10 PM
- Aug 11, 2026Transaksi - Transaksi Material yang merupakan Transaksi - Transaksi Afiliasi: (i) Amendemen Pertama atas Perjanjian Uang Muka Investasi antara Perseroan dan PT Gorontalo Sejahtera Mining; (ii) Amendemen Kedua atas Perjanjian Uang Muka Investasi antara PT Pani Bersama Tambang dan PT Puncak Emas Tani Sejahtera; dan (iii) Amendemen Pertama atas Perjanjian Uang Muka Peningkatan Modal antara Perseroan dan PT Pani Bersama TambangRead by us Aug 11, 2026, 8:50 PM
- Aug 10, 2026Laporan Bulanan Registrasi Pemegang EfekRead by us Aug 10, 2026, 4:40 PM
- Jul 31, 2026Transaksi Material Amendemen Pertama atas Perjanjian Uang Muka Peningkatan Modal yang dibuat antara PT Pani Industri Nusantara dengan PT Gorontalo Sejahtera Mining dan PT Puncak Emas Tani SejahteraRead by us Jul 31, 2026, 8:00 PM
- Jul 30, 2026Rencana Penyampaian Laporan Keuangan Kuartal II 2026 Ditelaah secara terbatasRead by us Jul 30, 2026, 10:40 AM
- Jul 29, 2026Transaksi Material Amendemen Pertama atas Amendemen dan Pernyataan Kembali Kontrak Jasa Sewa Alat Berat antara PT Merdeka Mining Indonesia dan PT Puncak Emas Tani Sejahtera dan Amendemen Ketiga atas Kontrak Jasa Sewa Alat Berat antara PT Merdeka Mining Indonesia dan PT Pani Bersama TambangRead by us Jul 29, 2026, 9:30 PM
- Jul 29, 2026LAPORAN KEPEMILIKAN ATAU SETIAP PERUBAHAN KEPEMILIKAN SAHAM PERUSAHAAN TERBUKARead by us Jul 29, 2026, 8:10 PM
- Jul 29, 2026LAPORAN KEPEMILIKAN ATAU SETIAP PERUBAHAN KEPEMILIKAN SAHAM PERUSAHAAN TERBUKARead by us Jul 29, 2026, 8:00 PM
- Jul 23, 2026Laporan Informasi atau Fakta MaterialRead by us Jul 23, 2026, 9:40 PM
- Jul 10, 2026Laporan Bulanan Registrasi Pemegang EfekRead by us Jul 10, 2026, 8:10 PM
- Jun 29, 2026Penyampaian Laporan Keuangan Interim AuditanRead by us Jun 29, 2026, 9:50 AM
- Jun 25, 2026Laporan Informasi atau Fakta MaterialRead by us Jun 25, 2026, 4:50 PM
- Jun 24, 2026Laporan Informasi atau Fakta MaterialRead by us Jun 24, 2026, 4:50 PM
- Jun 23, 2026Penjelasan atas Permintaan Penjelasan BursaRead by us Jun 23, 2026, 4:50 PM
- Jun 22, 2026LAPORAN KEPEMILIKAN ATAU SETIAP PERUBAHAN KEPEMILIKAN SAHAM PERUSAHAAN TERBUKARead by us Jun 22, 2026, 4:50 PM
- Jun 17, 2026Transaksi Afiliasi Akta Pemberian Kuasa dan Asistensi antara Perseroan dengan masing-masing Para Pemegang Saham PenjualRead by us Jun 17, 2026, 9:30 AM
- Jun 17, 2026Laporan Informasi atau Fakta MaterialRead by us Jun 17, 2026, 9:30 AM
- Jun 12, 2026Transaksi Afiliasi Perjanjian Jual Beli Alat Berat Bekas antara PT Merdeka Mining Indonesia dengan masing-masing PT Bumi Suksesindo dan PT Batutua Tembaga RayaRead by us Jun 12, 2026, 4:50 PM
- Jun 12, 2026Transaksi Material Kontrak Konstruksi perihal Pembangunan Fasilitas Penyimpanan Tailing Hulawa untuk Tambang Emas Pani di Marisa, Gorontalo antara PT Pani Industri Nusantara dan Sinohydro-PII-NEM ConsortiumRead by us Jun 12, 2026, 4:50 PM
- Jun 3, 2026Laporan Penggunaan Dana Hasil Penawaran UmumRead by us Jun 3, 2026, 9:10 AM
- Jun 2, 2026Penjelasan atas Permintaan Penjelasan BursaRead by us Jun 2, 2026, 4:50 PM
- May 28, 2026LAPORAN KEPEMILIKAN ATAU SETIAP PERUBAHAN KEPEMILIKAN SAHAM PERUSAHAAN TERBUKARead by us May 28, 2026, 4:50 PM
- May 19, 2026Penyampaian Bukti Iklan Hasil RUPSRead by us May 19, 2026, 8:40 AM
- May 18, 2026Transaksi Material Perjanjian Utang Piutang antara Perseroan dan PT Pani Bersama TambangRead by us May 18, 2026, 4:59 PM
- May 18, 2026Ringkasan Risalah Rapat Umum Para Pemegang Saham TahunanRead by us May 18, 2026, 4:59 PM
- May 13, 2026Perubahan Anggaran Dasar PerseroanRead by us May 13, 2026, 4:59 PM
- May 12, 2026Transaksi Material Amendemen Pertama atas Perjanjian Uang Muka Investasi antara PT Pani Bersama Tambang dan PT Puncak Emas Tani SejahteraRead by us May 12, 2026, 4:59 PM
- May 11, 2026Laporan Bulanan Registrasi Pemegang EfekRead by us May 11, 2026, 4:59 PM
How this page is built
Sources: IDX disclosures and ownership filings, the issuer's shareholder register and monthly composition reports, and IDX end-of-day prices. Every row links to the document it came from.
Ownership figures are read from PDFs automatically. A filing whose extraction is pending or below 70% confidence is left out rather than shown as fact.
Not on this page: running trades, broker flow, orderbook depth and intraday prices. Those are in the signed-in terminal.
AI agents can read the same data through our MCP server without an account, or this page as Markdown. Markdown version · MCP setup
Refreshes every minute. Generated Oct 17, 2026, 7:44 AM. Research data, not investment advice.
Similar stocks
Rated most like EMAS across the five pillars. Change is over the past year.