pirana
EMAS Overview
EMAS

EMAS

PT Merdeka Gold Resources Tbk

7.000
+0.00%
Quality radar — EMAS vs sub-sector
Financial snapshot+
Market capRp 103.12T
P/E (TTM)-204.14x
P/B273076.90x
ROE-8.4%
Net margin-99921.2%
Dividend yield
Debt/Equity0.76
Company information+
SectorBarang Baku
Sub-sectorBarang Baku
IndustryLogam & Mineral
Listing boardPengembangan
Listed2025-09-23
IPO priceRp 2,880
AddressTreasury Tower Lantai 67, District 8, SCBD Lot. 28 Jl. Jend. Sudirman Kav. 52-53, Senayan, Kebayoran Baru Jakarta Selatan 12190, Indonesia
WebsiteVisit →
Major shareholders+
PT Merdeka Copper Gold Tbk
Saham Treasury
Masyarakat Warkat
Masyarakat Non Warkat
Santoso Kartono
Management+
Directors (4)
  • Boyke Poerbaya Abidin
  • Albert Saputro
  • David Thomas Fowler
  • Adi Adriansyah Sjoekri
Commissioners (2)
  • Santoso Kartono
  • Heri Sunaryadi
All-time price commentary

EMAS closed at 7.000 , +26.13% YTD. Over 52 weeks it has traded between 3.300 and 9.700. Current price sits in the 58th percentile of its 52-week range.

52W Low52W High
3.300Current: 7.0009.700
Operational & Commodity

The commodity benchmarks this company’s revenue rides, end-of-day.

Mining desk
Gold100% of revenue
4.688,7USD / oz
EOD 13 May 2026
Open tracker

Revenue share estimated from commodity exposure·End-of-day

Operational metrics · coming next

Production and sales volume, overburden and strip ratio, and product specs (calorific value for coal, metal grades) from EMAS’s annual reports are being added, so you can read the assets behind the earnings, not just the revenue line.

Broker Flow
Tape Events
Fundamentals

What you pay for, and what you get back.

Mixed signals

How PT Merdeka Gold Resources Tbk compares to 0 peers in Barang Baku.

P/E Ratio
-204.14x
P/B Ratio
273076.90x
P/S Ratio
792585150.00x
EV/EBITDA
-16425086.00x
Valuation & earnings1 article
  • Emiten News· 24 Apr 2026

    PT Merdeka Gold Resources Tbk (EMAS) announced at its 2026 annual shareholders meeting that it will not pay a dividend because retained earnings remained negative at USD 61.5 million, and it simultaneously carried out a sweeping management overhaul, added international independent commissioners and secured a US $150 million, 12‑month credit facility that equals about 39 % of its equity. The company also submitted a draft prospectus for a dual listing on the Hong Kong Stock Exchange, aiming to broaden global investor exposure and improve liquidity. The news weighed on sentiment toward EMAS, with analysts noting short‑term pressure from the dividend omission and loss‑making results, while the new financing and listing plan is seen as a potential catalyst for longer‑term upside.

    neutral
More valuation & earnings news →
Ownership Structure
Peer Comparison
Financial Statements
Income Flow — 2025-12-31
Revenue
18.527
COGS
-192.788
Gross Profit
-174.261
OpEx
-5.6M
Op. Income
-5.8M
Tax & Other
572.606
Net Income
-5.2M
Financial Statements
Metric2025-12-312025-09-30
Revenue18.527
Gross Profit-174.261
Operating Income-5.8M
Net Income-5.2M
EBITDA-6.8M
Total Assets740.6M712.5M
Total Equity380.9M386.2M
Total Debt289.6M226.7M
Operating Cash Flow95.092
Free Cash Flow-58.1M
Dividend History
TTM Div Yield
Payout Ratio
EPS
-34,78
Research Notes