Amman Mineral Internasional, ID1000191109

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

Published on 10/12/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half sales reached USD 2.05 billion, up from USD 182.59 million. UOB Kay Hian rates Amman Mineral Internasional stock at IDR 7,000.

UOB Kay Hian maintained an IDR 7,000 target for Amman Mineral Internasional on September 23, 2026.
First-half 2026 net sales reached USD 2.05 billion, versus USD 182.59 million a year earlier.
The stock was last quoted at IDR 4,300.00 on October 12, 2026, while market capitalization stood at IDR 311.4 trillion.

Amman Mineral Internasional, ID1000191109, Illustration mit AI erstellt.

Amman Mineral Internasional (ISIN ID1000191109) was assigned an IDR 7,000 target by UOB Kay Hian on September 23, 2026, while the companys first-half sales reached USD 2.05 billion. The target sits alongside a sharp earnings recovery, with sales up from USD 182.59 million in the first half of 2025.

Three dated earnings markers

Bisnis.com reported on September 21, 2026 that net income for the first half of 2026 reached USD 497.93 million, reversing a USD 148.72 million loss in the first half of 2025. The same report put first-half net sales at USD 2.05 billion, compared with USD 182.59 million a year earlier.

Kontan reported on September 23, 2026 that UOB Kay Hian maintained its IDR 7,000 target and that second-quarter net income reached USD 337.8 million, up 110.9 percent quarter over quarter.

Investor.id reported on September 29, 2026 that KB Valbury projected 2026 revenue of USD 4.1 billion and net income of USD 1.2 billion. The report also said Batu Hijau ore reserves rose 10.2 percent to 777 million tonnes in June 2026.

What drives the estimate?

The operating rebound is visible in second-quarter sales of USD 1.24 billion, up 54 percent quarter over quarter and 589.6 percent year over year, according to Kontan. Gross margin increased to 50 percent from 42.4 percent in the first quarter, while concentrate sales reached 90,066 dry metric tonnes from 30,013 dry metric tonnes.

Management also raised its 2026 gold-in-concentrate production guidance by 34 percent to 775,000 ounces, as reported by IDXChannel on September 23, 2026. The same report identified policy uncertainty, commodity prices, exchange rates and possible delays at the Elang project as risks.

IDR quote remains below yearly high

Amman Mineral Internasional was last quoted at IDR 4,300.00 on the Indonesia Stock Exchange on October 12, 2026 at 3:43 p.m. WIB. That level was 49.41 percent below the 52-week high of IDR 8,500.00 and above the 52-week low of IDR 2,710.00; market capitalization stood at IDR 311.4 trillion on the same date.