Bumi Res stock falls 1.63 percent as earnings reshape mining

Published on 10/07/2026 at 09:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bumi Res stock was trading at IDR 181 on October 7, 2026, down 1.63 percent from IDR 184. First-half revenue rose 27.9 percent to USD 866.8 million.

Bumi Res, ID1000068703, Illustration mit AI erstellt.

Bumi Res (ISIN ID1000068703) was trading at IDR 181 on the Indonesia Stock Exchange on October 7, 2026, down 1.63 percent from the prior close of IDR 184. The move follows a first-half report that showed faster growth in the companys mineral portfolio alongside its coal business.

First half revenue reaches USD 866.8 million

According to Quartr, revenue for the six months ended June 30, 2026, reached USD 866.8 million, up 27.9 percent from USD 677.9 million in the prior-year period. Net income attributable to owners rose to USD 58.9 million from USD 20.4 million.

The earnings mix is central to the investment case. Mineral operations supplied 12 percent of first-half revenue but contributed 31.5 percent of combined segment operating profit, while the mineral operating margin reached 29.5 percent against 8.8 percent for coal, according to Investor.id.

Minerals change the company profile

Bumi is using coal cash flows to build exposure to gold, copper and other minerals. Kontan reported that Bumi completed the acquisition of 100 percent of Loyal Metals through its Australian subsidiary on September 4, 2026, in a transaction valued at IDR 1.004 trillion.

The acquisition adds copper and gold assets, but it also raises execution questions because development work and infrastructure are needed before the assets can contribute fully to revenue. Investor.id identified project delays, regulatory changes, permitting and weaker commodity prices as risks to the mineral expansion.

Analyst target stands above market price

MNC Sekuritas initiated coverage with a Buy rating and an IDR 300 price target, as reported by Media Indonesia. The target lies 65.7 percent above the IDR 181 market price, making the mineral ramp-up the key test of the valuation.

Quartr lists October 30, 2026, as the next Bumi earnings date. That report will give investors a fresh check on whether the first-half revenue growth and the higher-margin mineral contribution are continuing.

Bumi Res stock trades at IDR 181

Bumi Res was last at IDR 181 on the Indonesia Stock Exchange on October 7, 2026, at 2:37 p.m. WIB. The session range was IDR 180 to IDR 185, the 52-week range was IDR 126 to IDR 484, and market capitalization was IDR 67.2 trillion.