Bumi Resources Minerals (BRMS IJ): Gold rush sets upcoming tone

Bumi Resources Minerals (BRMS IJ)
HOLD OPF / TP: IDR:500 (+1.2%)
Analyst: Alditya Galih Ramadhan

Gold rush sets upcoming tone
• Flexibility to back organic expansion
• Sound EPS growth carries forward to this year
• More cycles to come
• We await the *retracement and resume coverage with a TP of IDR500 (US$0.03)