$0.10

0.001 (1.04%)

Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Locked Recommendation

Analysis

Overview

Current recommendation
Business risk 0
Share price risk 0

General Information

Grange Resources Limited
GRR
http://www.grangeresources.com.au
Steel
111
1,157

Current Price Data+

Current Price $0.095
Open $0.096
High $0.096
Low $0.094
Last Close $0.096
Volume 804932
Price Movement $0.00 ( 1.04% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Stock Price

Current Broker Consensus Recommendation

Strong Sell
11 Dec 2015
1

Company Overview

Business Description

Grange Resources Ltd (GRR) owns and operates iron ore mining and pellet production business located in the northwest region of Tasmania. GRR focuses on magnetite projects in two main areas, namely, Savage River Mine Operation and Southdown Project.

Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2015 A 6.9 0.6 0.0% 18.8 0.0 0.0% 0.0%
2014 A -49.3 -4.3 0.0% 0.0 1.0 5.4% 0.0%
2013 A 20.5 1.8 -60.0% 12.5 3.0 13.5% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2013 A 2014 F 2015 F 2013 A 2014 F 2015 F 2013 A 2014 F 2015 F
BlueScope Steel (BSL) $3,742M 1.2915 0.6163 0.3855 26.1268 16.1649 11.6673 0.92% 1.06% 1.20%
Fortescue Metals (FMG) $10,587M -0.8581 1.5949 -0.0961 25.6992 9.9039 10.9571 1.47% 1.64% 2.07%
Grange Resources (GRR) $116M 0.0000 0.0000 0.0000 16.6667 0.0000 0.0000 0.00% 0.00% 0.00%
Sims Metal Management (SGM) $1,898M 0.4904 -0.6049 1.6519 18.9356 47.9314 18.0746 3.05% 2.65% 2.95%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 16.00 0.45 0.00
Market 1.04 16.50 1.31 1.54
Sector 1.13 15.70 1.06 0.75

Directors

Name Position Start Date
Mr Honglin Zhao Executive Director, Chief Executive Officer 30 Jul 2010
Dr Michelle Li Non-Executive Chairman 29 Oct 2013
Mr Daniel Lewis Tenardi Non-Executive Director 31 Mar 2014
Ms Yan Jia Non-Executive Director 1 Jun 2014
Mr Liming Huang Non-Executive Director 24 Sep 2014

Management

Name Position
Piers Richard Lewis Company Secretary

Substantial Shareholders

Holding Name
681,172,842 (58.86%) Shagang International Holdings Ltd and associates

Calendar of Events

Date Event
21 April 2017 Report (Quarterly)
07 April 2017 Report (Annual)
27 February 2017 Report (Prelim)
19 January 2017 Report (Quarterly)
20 October 2016 Report (Quarterly)
26 August 2016 Report (Interim)
15 July 2016 Report (Quarterly)
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