Bumi Resources bought Mount Margaret. Bumi Res stock is valued at IDR 51.2 trillion

Published on 10/26/2026 at 09:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mount Margaret changed Bumi Resources' portfolio after a USD 22.01 million deal. Bumi Res stock stood at IDR 138.00 on October 26, 2026, versus IDR 117.00 to IDR 484.00.

Diversification adds a mineral asset

Bumi Resources acquired Mount Margaret for USD 22.01 million on October 23, 2026.
First-half 2026 revenue rose 27.90 percent to USD 866.80 million.
Bumi Resources had a market capitalization of IDR 51.2 trillion as of October 26, 2026.

Bumi Res, ID1000068703, Illustration mit AI erstellt.

Bumi Resources (ID1000068703) acquired 100 percent of Mount Margaret Mining for USD 22.01 million on October 23, 2026, according to Kontan.co.id. The company had a market capitalization of IDR 51.2 trillion as of October 26, 2026.

Mount Margaret extends mineral expansion

The transaction gives Bumi indirect ownership of all issued Mount Margaret shares through wholly owned Bumi Resources Australia. Mount Margaret adds exposure to copper and gold as Bumi develops assets beyond its coal base.

Investor Daily reported on October 25, 2026, that Phintraco Sekuritas expected fiscal-year 2026 revenue of USD 1.62 billion, up 13.40 percent, while warning that profit margins could weaken temporarily in fiscal year 2027.

What does diversification change?

The immediate financial base remains the coal business. In the first half of 2026, revenue rose 27.90 percent year over year to USD 866.80 million, while net income attributable to owners increased 188.40 percent to USD 58.90 million, according to Kontan.co.id. That comparison shows why the acquisition is strategically important but does not yet establish a new earnings contribution from Mount Margaret.

Three dated steps in the strategy

On September 4, 2026, Bumi completed its Loyal Metals acquisition for AUD 79.07 million, according to RCTI+. On October 23, 2026, it completed the USD 22.01 million Mount Margaret purchase. On October 26, 2026, the company disclosed the transaction and its 100 percent indirect ownership.

Stock valuation and trading context

The primary-market quote was last at IDR 138.00 on October 26, 2026 at 3:30 p.m. WIB on the Indonesia Stock Exchange. The 52-week range was IDR 117.00 to IDR 484.00, placing the quote IDR 21.00 above the low and IDR 346.00 below the high.

Bumi Resources reported its half-year 2026 results after revenue of USD 866.80 million and attributable net income of USD 58.90 million. The next value driver is therefore the timing and capital required to develop the newly acquired mineral asset alongside the established coal operations.

Trading reference

The stock was last at IDR 138.00 on the Indonesia Stock Exchange on October 26, 2026 at 3:30 p.m. WIB. The further course of trading is shown by the continuously updated real-time quote of Bumi Res stock.