Grange Resources Share Price and Company Fundamentals



Price
$0.86
Change
0.030 (3.614%)
52 week
0.23 - 0.875

Last traded: Today at 6:10 AM

Grange Resources Limited engages in the integrated iron ore mining and pellet production business in the northwest region of Tasmania. The company is involved in the mining, processing, and sale of iron ore; and exploration, evaluation, and development of mineral resources. It owns interests in the Savage River project in Tasmania; and Southdown magnetite project that covers an area of approximately 1700 hectares located in Western Australia. Grange Resources Limited was incorporated in 1985 and is based in Burnie, Australia.

Key Metrics

PE ratio

4.89

PB ratio

1.40

Dividend yield

3.61%

Beta

1.05

Market cap

$995.31M

Enterprise value

$772.95M

Company profile

Primary activitiesMagnetite producer
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttp://www.grangeresources.com.au
Mailing address34A Alexander Street Burnie TAS 7320 Australia
Phone / Fax61 3 6430 0222 / 61 3 6432 3390
Share registryADVANCED SHARE REGISTRY SERVICES

Annual reports

Published onReport
23 Apr 2021Annual Report to shareholders

Dividends

More: Grange Resources Dividend history, yield and payout ratio

Dividend yield

3.61%

Dividend amount

$0.03

Payout ratio

11.34%

Grange Resources paid $0.03 dividend and the ex-dividend date was 12 Mar 2021.The dividend payout ratio is 11.34%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.GRR dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

GRR's forward dividend amount is $0.04 and the forward dividend yield is 4.65%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2021, following are the company executives and directors listed on Grange Resources.

NameTitleAgeTotal Pay
Mr. Honglin ZhaoCEO, MD & Exec. Director67815.66k
Mr. Steven Thanh PhanChief Financial Officer450.15k
Mr. Ben Maynard BSc(Hons), Grad Dip CompGen. Mang. of Operations504.36k
Mr. Philip GaoChief Commercial Mang.
Mr. Piers Richard Lewis B.Com., C.A., BComm, CA, AGIACompany Sec.

Profitability and management effectiveness

Profit margin

38.79%

Operating margin

42.52%

Return on assets

17.90%

Return on equity

32.66%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Grange Resources is 995.31M and its enterprise value is 772.95M. The enterprise value to revenue ratio of GRR is 1.47.

The GRR's stocks Beta value is 1.05 making it 5% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Grange Resources (GRR)

Grange Resources (ASX:GRR) Frequently Asked Questions

1. What is Grange Resources's Stock Symbol?

Grange Resources trades on ASX under the ticker symbol "GRR".

2. What is Grange Resources's stock price today?

One share of GRR stock can currently be purchased for approximately $0.86.

3. How can I contact Grange Resources?

Grange Resources's mailing address is 34A Alexander Street Burnie TAS 7320 Australia. The company can be reached via phone at 61 3 6430 0222.

4. What is Grange Resources's official website?

The official website of Grange Resources is http://www.grangeresources.com.au.

5. Which share registry manages Grange Resources's stock?

Grange Resources's stock is managed by ADVANCED SHARE REGISTRY SERVICES.