PI Global Investments
Gold

Antam stock fell 1.23 percent as gold prices rose on October 7, 2026


Antam stock (ISIN ID1000106602) was last at IDR 3,210 on the Indonesia Stock Exchange on October 7, 2026 at 3:14 p.m. WIB, down 1.23 percent from the prior close. As Liputan6 reported on October 7, 2026, Antam raised its one-gram gold price to IDR 2,580,000 from IDR 2,570,000, while the buyback price increased to IDR 2,391,000 from IDR 2,376,000.

Gold drives the earnings base

Antam reported IDR 6.91 trillion in net profit for the first half of 2026, an increase of 34 percent from IDR 5.14 trillion in the same period of 2025. According to CNBC Indonesia on September 10, 2026, revenue reached IDR 62.71 trillion and EBITDA rose 35 percent year over year to IDR 9.62 trillion.

The gold segment supplied IDR 50.39 trillion of first-half revenue, with sales of 18.1 tons, according to CNBC Indonesia. That mix makes the October 7 retail-price increase relevant for the stock, although the company also depends on nickel and bauxite operations.

Analysts see further upside

MarketScreener showed a Buy consensus from 18 analysts on September 14, 2026, with an average price target of IDR 4,608.89. Its reference price was IDR 3,190, putting the average target 44.48 percent higher than that dated reference.

The analyst picture is not uniformly risk-free. Investor reported on September 28, 2026, that MNC Sekuritas raised its 2026 net-profit projection to IDR 9.2 trillion from IDR 8.9 trillion, while also cutting projected gold sales volume to 36.2 tons from 40 tons. The same report said Antam received an additional 900,000-ton nickel ore quota for 2026.

Stock remains below its yearly high

Antam had a market capitalization of IDR 77.1 trillion on October 7, 2026, with volume of 29,762,800 shares. The 52-week range was IDR 2,450 to IDR 4,970, leaving the latest price 35.41 percent below the yearly high.

Antam stock was last at IDR 3,210 on October 7, 2026 at 3:14 p.m. WIB on the Indonesia Stock Exchange. The combination of rising retail gold prices, strong first-half earnings and lower daily share prices leaves commodity pricing and margin discipline as the key variables.

Antam stock at a glance

  • Company: PT ANTAM (Persero) Tbk
  • ISIN: ID1000106602
  • Ticker: ANTM
  • Trading venue: Indonesia Stock Exchange
  • Price (as of October 7, 2026, 3:14 p.m. WIB): IDR 3,210
  • Market capitalization: IDR 77.1 trillion (as of October 7, 2026)
  • 52-week range: IDR 2,450-4,970 (as of October 7, 2026)
  • Sector / Industry: Basic Materials / Other Precious Metals

More news and analyses on Antam stock


Disclaimer…



Source link

Related posts

Study gives White Gold nearly C$2B value for 9-year mine in Yukon

D.William

Gold Price Today: Yellow Metal Rates Fall On MCX Amid Global Tensions; Silver Drops 2 Per Cent

D.William

White Gold Corp. Defines Multiple Copper and Multi Element Porphyry Style Targets at the Bridget Target, Situated Along the Big Creek and Sixty Mile River Fault Systems in the Minto-Carmacks Copper Belt and Announces Corporate Webinar

D.William

Leave a Comment