Bumi Resources buys Mount Margaret for USD 22.01 million as Bumi Res stock costs EUR 0.01

Published on 10/27/2026 at 09:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bumi Resources bought Mount Margaret for USD 22.01 million on October 23, 2026. Bumi Res stock costs EUR 0.01 on October 27, 2026.

Mineral expansion and earnings

Bumi Resources completed the Mount Margaret acquisition for USD 22.01 million on October 23, 2026.
First-half 2026 revenue reached USD 866.80 million, up 27.90 percent year over year.
Bumi Res stock was trading at EUR 0.01 at 9:05 a.m. CEST at Lang & Schwarz on October 27, 2026.

Bumi Res, ID1000068703, Illustration mit AI erstellt.

Bumi Resources (ISIN ID1000068703) acquired all of Mount Margaret Mining for USD 22.01 million, adding an Australian copper and gold project to its portfolio. Bisnis.com reported on October 26, 2026, that the transaction was completed on October 23, 2026 through Bumi Resources Australia.

Mount Margaret adds mineral exposure

The acquisition covers 100 percent of Mount Margaret Mining and marks another step beyond Bumi Resources' coal operations. The transaction value was USD 22.01 million, according to IDNFinancials on October 26, 2026.

Mount Margaret is an exploration project with copper and gold resources. Its expansion significance is strategic rather than immediately financial because the acquisition was completed during October 2026.

What changed in three dates

On April 27, 2026, Bumi Resources agreed to acquire Loyal Metals for AUD 78.10 million, according to Simply Wall St. On August 1, 2026, second-quarter revenue was reported at USD 449.10 million, up 36.00 percent year over year. On October 23, 2026, Bumi Resources completed the USD 22.01 million Mount Margaret acquisition.

What do the earnings mean?

First-half 2026 revenue rose 27.90 percent year over year to USD 866.80 million, while profit before tax increased 102.50 percent to USD 104.30 million, according to IDNFinancials. The comparison shows that the mineral expansion is being added to a business with stronger first-half operating figures.

Two dated transaction markers

The acquisition was completed on October 23, 2026, and the disclosure was reported on October 26, 2026. Those dates frame the market discussion around diversification and the latest reported financial period.

Stock price and market value

Bumi Res stock was trading at EUR 0.01 at Lang & Schwarz on October 27, 2026 at 9:05 a.m. CEST. The primary listing is on the Indonesia Stock Exchange, where the company was quoted at IDR 128 at 7:59 a.m. UTC on October 27, 2026, with a market capitalization of IDR 47.5 trillion. The reference price remains the euro quote used for German investors.

The further course of trading is shown by the continuously updated real-time quote of Bumi Res stock.