Merdeka Copper Gold Tbk. (MDKA) Stock Price, Fundamentals & Analysis

What MDKA does

Merdeka Copper Gold Tbk. (MDKA) is a mining company listed on the Indonesia Stock Exchange. It explores for gold, silver, copper, nickel, and other related minerals in Indonesia, and holds a 100% interest in its flagship Tujuh Bukit copper project. The company also operates in metal manufacturing and trading, mining and construction services, real estate, and business consulting. It was formerly known as PT Merdeka Sera and changed its name in December 2014. MDKA is part of the LQ45 index and operates in the same sector as peers such as Vale Indonesia Tbk. (INCO) and Amman Mineral Internasional Tbk. (AMMN).

Key numbers explained

• 3,070 IDR is the current share price, the amount you would pay for one share right now.
• +0.33% is the price change today, showing the percentage move relative to the previous close.
• 74.96T IDR is the market capitalization, the total value of all outstanding shares.
• The trailing P/E ratio of 1,668.5 compares the current share price to the last 12 months of earnings per share; a high number can indicate high growth expectations or a very low recent profit relative to the price.
• The forward P/E ratio of 65.4 uses expected future earnings instead of past earnings, giving a sense of how the market prices in what comes next.
• 1.84 USD is the trailing 12-month earnings per share, the portion of the company's profit allocated to each share.
• The dividend yield of 0.4% shows the annual dividend as a percentage of the current share price; this company pays out 0% of its earnings as dividends, with the next ex-dividend date on Jul 2, 2026.
• 121.9% revenue growth year over year reflects how much the trailing 12-month revenue has increased compared to the same period a year earlier.
• 25.9% operating margin indicates the percentage of revenue left after covering operating expenses, before interest and taxes.
• 81.8% debt-to-equity ratio shows the company's financial leverage, comparing total debt to shareholders' equity.

What to watch

MDKA's share price can be influenced by global copper, gold, and nickel prices, as well as currency movements between the Indonesian rupiah and the US dollar. Mining companies are also sensitive to changes in commodity demand, production costs, and regulatory developments in Indonesia. The upcoming earnings report on Sep 28, 2026 will provide updated figures on revenue, profit, and outlook. Investors tracking the Indonesian market may also compare MDKA with other local miners such as ESSA Industries Indonesia Tbk. (ESSA) or United Tractors Tbk. (UNTR).