Grange Resources Limited (GRR) - Research

$0.300
Prices as at 15:20, 25 Apr 2019

GRR Current Share Price+

Current Price $0.300
Open $0.310
High $0.310
Low $0.290
Last Close $0.300
Volume 6554138
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

GRR General Information

Grange Resources Limited
GRR
http://www.grangeresources.com.au
Steel
347
1,157

GRR 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 Operation and Southdown Project.

GRR Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 112.94 9.80 86.50% 2.00 2.00 10.40% 100.0%
2017 A 60.71 5.30 -34.60% 3.20 1.00 6.00% 100.0%
2016 A 92.90 8.00 1,238.30% 1.30 0.00 0.00% 100.0%

GRR Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
BlueScope Steel (BSL) $7,440M 0.3370 0.2416 -0.2177 9.6575 7.7785 9.9436 0.99% 0.96% 1.09%
Fortescue Metals (FMG) $23,831M -0.5635 1.7436 -0.0786 20.3577 7.4202 8.0533 3.05% 10.60% 9.31%
Grange Resources (GRR) $353M 0.8648 0.0000 0.0000 3.1154 0.0000 0.0000 6.56% 0.00% 0.00%
Mount Gibson Iron (MGX) $1,252M 2.8970 0.0000 0.0000 12.2247 0.0000 0.0000 2.70% 0.00% 0.00%
Sims Metal Management (SGM) $2,161M -0.0144 -0.1796 0.0485 10.5315 12.8372 12.2430 4.97% 4.21% 4.11%

GRR Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 3.06 0.73 0.00
Market 0.95 16.70 1.52 1.56
Sector 1.64 13.00 1.32 0.71

GRR Directors

Name Position Start Date
Mr Honglin Zhao Managing Director, Executive Director, Chief Executive Officer 30 Jul 2010
Dr Michelle Li Non-Executive Chairman, Non-Executive Director 29 Oct 2013
Ms Yan Jia Non-Executive Deputy Chairman, Non-Executive Director 1 Jun 2014
Mr David G Woodall Non-Executive Director 1 Mar 2019
Mr Daniel Lewis Tenardi Non-Executive Director 31 Mar 2014
Mr Micheal Dontschuk Non-Executive Director 6 Jun 2017

GRR Management

Name Position
Piers Richard Lewis Company Secretary

GRR Calendar of Events

Date Event
07 April 2020 Report (Annual)
27 February 2020 Report (Prelim)
22 January 2020 Report (Quarterly)
23 October 2019 Report (Quarterly)
27 August 2019 Report (Interim)
25 July 2019 Report (Quarterly)

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.