Bayan Resources traded at 12,100.00 this Wednesday July 22nd, decreasing 75.00 or 0.62 percent since the previous trading session. Looking back, over the last four weeks, Bayan Resources lost 1.68 percent. Over the last 12 months, its price fell by 36.98 percent. Looking ahead, we forecast Bayan Resources to be priced at 11,503.20 by the end of this quarter and at 10,132.83 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.