IDR 2350
Key Takeaways
Risk factor
High price volatility
Profitability factor
Greatly overvalued vs peers
About
PT Merdeka Copper Gold Tbk engages in the mining business in Indonesia. It explores for gold, silver, copper, and other related minerals, as well as provides mining services. The company holds interests in the Tujuh Bukit Copper project; Pani Gold project; Wetar/Morowali Acid Iron Metal; Tujuh Bukit Gold project; nickel mining and refining assets; and...
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB
Target Price
The average target price of MDKA.JK is 2931 and suggests 25% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc
