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Merdeka Gold Resources HKDR

HKSE • Basic Materials • Gold • Quote as of 10/30/2026
Merdeka Gold Resources HKDR stock price and volume chart

Company Profile

IndustryGold
SectorBasic Materials
ExchangeHKSE
Market Capitalization39,984 mln
Earnings Date11/26/2026

Beneish M-Score

343
Highly suspicious

1-Year Forecast

42.11
Transformational upside

Relative Strength

3 / 100
Severely lagging

Debt / Equity

1.26
Elevated leverage

Pre-Tax Margin

-81%
Severely loss-making

ROE

-7.45
Negative

Business Description

PT Merdeka Gold Resources Tbk is an Indonesian gold and silver mining company with operations across Indonesia and Hong Kong, and is part of the larger PT Merdeka Copper Gold Tbk group. Its primary asset is the Pani Gold Mine, a fully owned project spanning 135 hectares in the Gorontalo Province of Sulawesi Island. Founded in 2015 and headquartered in South Jakarta, the company was previously called PT Pani Bersama Jaya before changing its name in June 2025.

Key Fundamentals

EPS-0.01
ROE-7.45
ROIC-0.43
ROA-3.41
EBITDA, mln25.07
EV / EBITDA1,716
EV / EBIT-449
Revenue, mln242
EV / Revenue178

Quote Details

Last 24.56
Change -0.76 (-3%)
Open 25.20
Volume 1,657,200
Turnover 40,700,832
Average Volume 1,170,093

Financial Ratios

Pre-Tax Profit Margin-81
Current Ratio0.41
Price / Book14.67
Price / Tangible Book14.67
Debt / Equity1.26
Price / Sales171

Financial Strength

Altman Z-Score4.9
Beneish M-Score343
1-Year Target Price42.11

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -14.78% 6 / 100   
1 Month -25.85% 10 / 100   
2 Months -5.54% 57 / 100   



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