JAKARTA - PT Amman Mineral Internasional Tbk (AMMN) books the highest market capitalisation amongst 28 issuers in metal and mineral industry. Its stock price has skyrocketed 581.41% until this afternoon since its initial public offering on July 7, 2023.

Based on the data compiled by IDNFinancials today (4/7), AMMN reported market cap of IDR 835.77 trillion or 71.43% of total market cap of IDR 1.17 quadrillion.

Thereby, this issuer officially exceeds several veteran companies in the industry, namely PT Vale Indonesia Tbk (INCO), PT Aneka Tambang Tbk (ANTM), and PT Bumi Resources Minerals Tbk (BRMS).

As of now, AMMN’s price was reported at IDR 11,550 per share, indicating a massive upturn since its debut, offering only IDR 1,695 per share on July 7, 2023. Its market cap was reported at merely IDR 121.89 trillion at that time.

For the record, at the second and third positions in the metal and mineral industry, sat  PT Merdeka Battery Materials Tbk (MBMA) with market cap of IDR 66.95 trillion and PT Trimegah Bangun Persada Tbk (NCKL) with IDR 63.09 trillion. (LK/ZH)