Amman Mineral Internasional, ID1000191109

UOB Kay Hian keeps IDR 7,000 target for Amman Mineral Internasional stock

Published on 10/13/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gold guidance rose 34.00 percent September 22, 2026. Amman Mineral Internasional stock costs IDR 4,340 October 13, 2026, up 0.93 percent on IDX.

UOB Kay Hian analyst Benyamin Mikael maintained a IDR 7,000 target on September 23, 2026, 61.29 percent above the IDX price.
Amman Mineral raised 2026 gold-in-concentrate guidance 34.00 percent to 775,000 ounces.
Amman Mineral Internasional stock stood at IDR 4,340 on October 13, 2026 at 4:14 p.m. WIB, up 0.93 percent versus the IDX prior close.
The company reported USD 2.05 billion in first-half 2026 revenue and a USD 497.92 million attributable profit.

Amman Mineral Internasional, ID1000191109, Illustration mit AI erstellt.

UOB Kay Hian analyst Benyamin Mikael maintained a IDR 7,000 target for Amman Mineral Internasional on September 23, 2026, putting the target 61.29 percent above the IDX price of IDR 4,340. According to Kontan, the analyst cited stronger concentrate sales and the ramp-up of the precious metals refinery. Amman Mineral Internasional stock was last at IDR 4,340 on the IDX on October 13, 2026 at 4:14 p.m. WIB, up 0.93 percent versus the IDX prior close.

Guidance reaches 775,000 ounces

Management raised full-year 2026 gold-in-concentrate production guidance 34.00 percent from 579,000 ounces to 775,000 ounces. Investortrust reported on September 22, 2026 that Mandiri Sekuritas set a IDR 7,100 target, while BRI Danareksa Sekuritas set IDR 6,000. Those figures place the analyst range between 38.25 percent and 63.59 percent above the current IDX price.

Revenue rebounds in first half

Amman Mineral recorded USD 2.05 billion in sales during the first half of 2026, up from USD 182.59 million in the first half of 2025. According to Jakarta Globe on September 21, 2026, net income attributable to parent-company owners reached USD 497.92 million, compared with a USD 148.72 million loss in the first half of 2025. Gross profit reached USD 964.15 million, versus USD 55.70 million a year earlier.

The operating recovery gives the target debate a measurable earnings base. The first-half profit turnaround and the higher gold guidance point to a business mix increasingly supported by refined metals and downstream processing rather than concentrate sales alone.

IDX price and valuation

The IDX quote stood at IDR 4,340 on October 13, 2026 at 4:14 p.m. WIB, compared with IDR 4,300 previously. The 52-week range was IDR 2,710.00 to IDR 8,500.00, placing the latest price 48.94 percent below the high and 60.15 percent above the low.

Amman Mineral had a market capitalization of IDR 314.3 trillion and a price-to-earnings ratio of 19.65 as of October 13, 2026. The company operates copper and gold mining assets, smelting facilities and related power and gas infrastructure in Indonesia.

Price and investor perspective

The target of IDR 7,000 remains the clearest numerical valuation reference in recent analyst coverage, while the current IDX price reflects a 0.93 percent daily gain. The distance to the 52-week high is still 48.94 percent, leaving the market focused on whether higher downstream output can translate into sustained earnings.