Alamtri Minerals Indonesia stock trades at IDR 1,500 as aluminum ramps
Published on 10/08/2026 at 09:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Alamtri Minerals Indonesia (ISIN ID1000165608) was trading at IDR 1,500 on the IDX at 2:18 p.m. WIB on October 8, 2026, up 0.33 percent from the prior close of IDR 1,495. The immediate investor debate centers on whether the aluminum expansion can add a second earnings engine beside metallurgical coal.
Analysts see further upside
As Katadata reported on October 6, 2026, Panin Sekuritas analyst Elandry expects ADMR to reach IDR 1,900-2,100, citing metallurgical coal and the aluminum smelter as the main growth drivers. That range sits above the IDR 1,500 intraday price, but the source describes ADMR as more volatile than other Alamtri-linked stocks.
A separate consensus compiled by Investing.com on September 22, 2026, shows a shared Buy rating from 8 analysts. The average 12-month target is IDR 2,369, with a low of IDR 1,800 and a high of IDR 2,800.
First-half earnings set the base
ADMR generated USD 583.9 million of revenue in the first half of 2026, up 31.5 percent from USD 443.9 million a year earlier, while net income rose 24.0 percent to USD 174.2 million from USD 140.5 million. Kontan reported these figures on September 23, 2026, citing the company's first-half performance.
The same report put gross profit at USD 227.8 million, 54.2 percent above the year-earlier level, with gross margin at 47.6 percent. Metallurgical coal sales volume increased 9.0 percent year over year, while the aluminum operation had not yet contributed revenue through June 2026.
Alamtri Minerals Indonesia says it focuses on metallurgical coal mining and mineral processing, with the Kalimantan Aluminium Industry developing an aluminum smelter in North Kalimantan, according to its company website. The ramp-up therefore matters because the investment case still depends heavily on coal pricing while the new processing business moves toward commercial output.
Stock stays below its yearly high
At IDR 1,500 on October 8, 2026, ADMR stood IDR 820 below its 52-week high of IDR 2,320 and IDR 320 above its 52-week low of IDR 1,180. The session volume was 7,650,200 shares, while market capitalization stood at IDR 61.3 trillion.
The near-term counterweight is logistics. Kontan reported that low water levels on the Barito River had disrupted coal shipments, a factor that could pressure third-quarter sales even as aluminum offers a longer-term growth route.
ADMR stock trades at IDR 1,500
Alamtri Minerals Indonesia stock was last at IDR 1,500 on the IDX on October 8, 2026, with a 0.33 percent gain for the session. The price, the first-half earnings comparison and the IDR 2,369 consensus target frame the market's current balance between operating delivery and expansion risk.
Alamtri Minerals Indonesia stock facts
- Company: PT Alamtri Minerals Indonesia Tbk
- ISIN: ID1000165608
- Ticker: ADMR
- Trading venue: IDX
- Price (as of October 8, 2026, 2:18 p.m. WIB): IDR 1,500
- Market capitalization: IDR 61.3 trillion (as of October 8, 2026)
- 52-week range: IDR 1,180-2,320 (as of October 8, 2026)
- Sector / Industry: Materials / metallurgical coal mining and mineral processing
- Index membership: LQ45
