This study aims to examine the effect of company performance, capital structure, liquidity and profitability on stock prices in mining companies listed on the Indonesia Stock Exchange (IDX). This study uses data from the financial statements of mining companies from 2016 to 2019 with a sample of 16 companies. The analytical technique used is multiple linear regression analysis with a significant level (α) of 0.05.
Based on the results of multiple linear regression analysis, the tcount value of the company's performance variable is 0.179 and the tcount value of the capital structure variable is -0.268, each smaller than the ttable value of 1.671, while the t-count value of the liquidity variable is 1.830 and the tcount value of the profitability variable is 3.907 respectively. each is greater than the ttable value of 1.671.
The conclusion of this study is that the company's performance has a positive but not significant effect on stock prices, capital structure has a negative and insignificant effect on stock prices, liquidity has a positive and significant effect on stock prices, and profitability has a positive and significant effect on stock prices of mining companies listed on the Stock Exchange. Indonesian Effect.
This study has limitations at the time of the study, namely the research conducted was relatively short, namely for 4 years from 2016 to 2019. This research was only conducted on mining companies listed on the Indonesia Stock Exchange not all companies in Indonesia. The financial ratios used as the basis for predicting stock prices are only limited to PER, DER, CR and ROA.