Bayan Resources traded at 9,925.00 this Tuesday May 26th, decreasing 125.00 or 1.24 percent since the previous trading session. Looking back, over the last four weeks, Bayan Resources lost 15.53 percent. Over the last 12 months, its price fell by 50.25 percent. Looking ahead, we forecast Bayan Resources to be priced at 9,663.00 by the end of this quarter and at 8,718.62 in one year, according to Trading Economics global macro models projections and analysts expectations.
PT Bayan Resources Tbk is an Indonesia-based holding company. it is a producer of low-sulfur subbituminous and bituminous coal. The Company, through its subsidiaries, is engaged in wholesale trade, mining and excavation services, transportation, and warehousing. Its Wholesale Trade includes trading of solid, liquid and gas fuel and relevant products, such as natural petroleum, petroleum, diesel fuel, gasoline, oil fuel, kerosene, coal, charcoal, rock charcoal residues, timber fuel, naphtha, and other fuel, including natural gas fuel such as LPG (liquefied petroleum gas), butane and propane gas and polishing oil, lubricating oil and refined petroleum. mining and excavation supporting activities includes supporting services based on consideration or contract basis. Transportation and Warehousing includes sea harbor affair service activities and river and lake harbor affairs service activities. Its subsidiaries include PT Dermaga Perkasapratama, PT Muji Lines and PT Perkasa Inakakerta.