PT Merdeka Gold Resources Tbk (IDX:EMAS)

Market Cap	101.65T
Revenue (ttm)	2.20B -92.5%
Net Income	-459.23B
EPS	-32.07
Shares Out	14.73B
PE Ratio	n/a
Forward PE	31.73
Dividend	n/a
Ex-Dividend Date	n/a

Volume	19,448,300
Open	7,050.00
Previous Close	6,900.00
Day's Range	6,875.00 - 7,150.00
52-Week Range	3,100.00 - 10,175.00
Beta	n/a
Analysts	Buy
Price Target	8,098.91 (+16.11%)
Earnings Date	Sep 8, 2026

About IDX:EMAS

PT Merdeka Gold Resources Tbk engages in gold mining and associated minerals, processing, and other related business activities in Indonesia. The company owns 100% interest in the Pani Gold Mine located on Mount Pani, Village Hulawa, Pohuwato Regency, Gorontalo Province, Sulawesi Island. The company was formerly known as PT Pani Bersama Jaya. PT Merdeka Gold Resources Tbk was founded in 2015 and is based in Jakarta Selatan, Indonesia. PT Merdeka Gold Resources Tbk operates as a subsidiary of PT Merdeka Copper Gold Tbk.

• Industry: Gold
• Sector: Materials
• Founded: 2015
• Employees: 448
• 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 2 analysts, the average rating for EMAS stock is "Buy." The 12-month stock price target is Rp 8,099, which is an increase of 16.11% from the latest price.

Price Target

Rp 8,099

(16.11% upside)

Analyst Consensus: Buy