Coal mining companies' share prices influenced by fundamental factors in Indonesia.
The research aimed to see how certain factors affect the share prices of coal mining companies in Indonesia. They looked at data from 2015-2019 and found that factors like Return on Assets, Debt to Equity Ratio, Earning Per Share, Price to Earning Ratio, and Price to Book Value all have a positive impact on share prices when considered together. Earning Per Share specifically has a positive impact on share prices, while Return on Assets, Price to Earning Ratio, and Price to Book Value also show positive trends. However, Debt to Equity Ratio has a negative impact on share prices for these companies.