Risk factor
High price volatility
Profitability factor
Overvalued vs peers
About
PT Merdeka Copper Gold Tbk is an Indonesian mining enterprise primarily focused on the exploration and extraction of precious metals such as gold and silver, base metals like copper, and other associated minerals. The company also provides comprehensive mining services, alongside mineral processing and trading solutions. Its diverse portfolio includes significant interests in key projects such as the Tujuh Bukit Copper and Gold operations, the Pani Gold project, the Wetar/Morowali Acid Iron Metal venture, and the Wetar Copper project, complemented by various nickel mining and refining assets. Established in 2012, the firm was originally named PT Merdeka Sera, subsequently changing to PT Merdeka Copper Gold Tbk in December 2014. Its corporate headquarters are located in Jakarta, Indonesia.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITD.
Target Price
The average target price of MDKA.JK is 3785 and suggests 31.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i