Amman Mineral Internasional, ID1000191109

Amman Mineral Internasional stock falls 6.18 percent while Mirae sets targets

Published on 10/08/2026 at 09:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

An October 8 report set Mirae Asset targets at IDR 4,680, IDR 5,275 and IDR 6,500 for AMMN. First-half 2026 sales reached USD 2.05241 billion, up from USD 182.6 million.

Amman Mineral Internasional, ID1000191109, Illustration mit AI erstellt.

Amman Mineral Internasional stock (ISIN ID1000191109) was trading at IDR 4,250 on the Indonesia Stock Exchange on October 8, 2026, down 6.18 percent from the prior close of IDR 4,530. The same session showed a range of IDR 4,230 to IDR 4,550, while Mirae Asset published three technical targets for AMMN.

Mirae Asset sets three targets

In its October 8, 2026 daily report, Mirae Asset listed target levels of IDR 4,680, IDR 5,275 and IDR 6,500, with support at IDR 4,400 and IDR 4,060. The report described AMMN as moving within an upward channel and cited positive Stochastics and relative-strength-index signals.

The report also showed AMMN at IDR 4,530 with a 0.66 percent daily gain in its published market table. The later quote of IDR 4,250 gives investors a materially different intraday reference, so the technical levels and the live session move should be read as separate observations.

First-half figures reset the earnings base

Amman Mineral Internasional reported a sharp change in operating results for the half year ended June 30, 2026. According to MarketScreener on September 21, 2026, sales reached USD 2.05241 billion, compared with USD 182.6 million a year earlier, while net income was USD 497.93 million versus a net loss of USD 148.72 million.

The same report put basic earnings per share from continuing operations at USD 0.00688, compared with a basic loss per share of USD 0.00205 in the prior-year period. The company operates copper and gold mining, processing, smelting and refining activities in Indonesia, including the Batu Hijau mine and the Elang project on Sumbawa.

Consensus target remains above the quote

Investing.com listed a Strong Buy consensus from eight analysts, with an average 12-month target of IDR 7,094, a high estimate of IDR 9,550 and a low estimate of IDR 5,800. The consensus therefore presents a broad valuation spread around the October 8 trading price, while the first-half results provide the principal earnings comparison.

AMMN trades near its session low

At IDR 4,250 and with 62,968,800 shares traded by 2:48 p.m. WIB on October 8, 2026, the stock was IDR 4,250 above its 52-week low of IDR 2,710 and IDR 4,250 below its 52-week high of IDR 8,500. Market capitalization stood at IDR 307.8 trillion on the same date.