PT Merdeka Gold Resources Tbk (IDX:EMAS)

Market Cap	117.11T +78.3%
Revenue (ttm)	552.87B +36,786.3%
Net Income	-470.83B
EPS	-32.68
Shares Out	14.73B
PE Ratio	n/a
Forward PE	29.78
Dividend	n/a
Ex-Dividend Date	n/a

Volume	8,519,600
Open	8,225.00
Previous Close	8,100.00
Day's Range	7,900.00 - 8,300.00
52-Week Range	3,570.00 - 10,175.00
Beta	n/a
Analysts	Buy
Price Target	8,983.45 (+13.0%)
Est. Earnings	Nov 26, 2026

About IDX:EMAS

PT Merdeka Gold Resources Tbk operates as a gold mining companyin Indonesia and Hong Kong. It explores for gold and silver. The company's flagship project is the 100% owned the Pani Gold Mine covers a tenement area of 135 hectares located in Mount Pani, Village Hulawa, Pohuwato Regency, Gorontalo Province, Sulawesi Island. The company was formerly known as PT Pani Bersama Jaya in June 2025. PT Merdeka Gold Resources Tbk was incorporated in 2015 and is based in Jakarta Selatan, Indonesia. PT Merdeka Gold Resources Tbk is a subsidiary of PT Merde...

• Industry: Gold
• Sector: Materials
• Founded: 2015
• Employees: 631
• Stock Exchange: Indonesia Stock Exchange
• Ticker Symbol: EMAS

Financial Performance

In 2025, IDX:EMAS's revenue was $131,964, a decrease of -92.46% compared to the previous year's $1.75 million. Losses were -$27.49 million, 116.5% more than in 2024.

Financial numbers in USD

Analyst Summary

According to 5 analysts, the average rating for EMAS stock is "Buy." The 12-month stock price target is Rp 8,983, which is an increase of 13.00% from the latest price.

Price Target

Rp 8,983

(13.00% upside)

Analyst Consensus: Buy

Data Sources: S&P Global Market Intelligence and Financial Modeling Prep

Fundamental and historical data is provided by S&P Global Market Intelligence. Delayed stock pricing data is provided by Financial Modeling Prep.

Last checked:

Oct 12, 2026

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