ANEKA TAMBANG (PERSERO) TBK (PT) (ATM)
Latest AI Signal: SELL
Status: EXPIRED
Days Old: 38
Confidence: 65.00%
Date: 13-04-2026
Price: $0.985
Last Price: $0.980
Post-Signal Low Price: $0.950
Latest ANEKA TAMBANG (PERSERO) TBK (PT)(ATM) News
30 Aug 2023, 07:38 PM
By Mai Nguyen and Siyi Liu
(Reuters) - Nickel smelters in top producer Indonesia are making rare purchases of ore from the Philippines to ease tight supplies, people familiar with the matter said, upending trade flows of the raw material and pushing up costs across the supply chain.
Jakarta recent
31 May 2023, 06:05 PM
JAKARTA (Reuters) - A British consortium that includes mining giant Glencore will invest about $9 billion in Indonesia's mining and electric vehicle (EV) battery sectors, a minister said on Wednesday, as the resource-rich country tries to lure a host of multinational firms.
Indonesia, which has the
08 Jun 2022, 03:29 PM
By Bernadette Christina and Gayatri Suroyo
JAKARTA (Reuters) - South Korea's LG Energy Solution (LGES) on Wednesday broke ground on nickel processing plants in Indonesia, part of the company's $9.8 billion investment in the country to produce electric vehicle batteries.
The company will build a $3
Sell Confidence Medium
AI Confidence - 65.00 % model confidence
Business Overview
Aneka Tambang (Persero) Tbk (ANTAM) is an Indonesian mining company primarily engaged in the exploration, mining, processing, and marketing of minerals including nickel, gold, silver, and bauxite. It holds a significant position in Indonesia's mining sector, benefiting from the country's rich mineral resources and government support for downstream processing industries.
Financial Analysis
| Cash Flow | Moderate |
| Debt | Moderate |
| Profitability | Moderate |
| Revenue Trend | Downtrend |
Technical Analysis
| Trend | Bearish |
| Momentum | Weak |
| RSI Signal | Oversold |
| Support Level | $ 0.95 |
| Resistance Level | $ 1.05 |
Valuation
Valuation - Overvalued
Current price reflects stretched valuation amid declining commodity prices and margin pressure.
Catalysts
• Potential recovery in nickel and gold prices
• Government incentives for mineral downstream processing
• Improvement in operational efficiency and cost control
Recommendation
Action - Sell
Timeframe - Medium Term
Given the bearish technical signals, declining revenue trend, and overvaluation concerns amid commodity price pressures, a sell recommendation is warranted to mitigate downside risk over the medium term.