Grange Resources Limited

Grange Resources Limited

0.11
AUD
+0.00
(-4.55%)
0.04EPS
7.08P/E
329.84MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
0.24
0.26
0.18
0.24
0.21
0.32
0.32
0.43
0.68
0.51
0.53
0.45
0.41
Basic EPS, GAAP
0.02
-0.1
-0.24
0.08
0.05
0.1
0.07
0.18
0.28
0.15
0.13
0.05
0.04
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.02
0.02
0.01
0.01
0.01
0.02
0.02
0.02
0.14
0.12
0.02
0.03
- -
Book Value per Share
0.65
0.46
0.21
0.29
0.33
0.41
0.46
0.62
0.75
0.78
0.89
0.92
0.96
Tangible Book Value per Share
0.65
0.46
0.21
0.29
0.33
0.41
0.46
0.62
0.75
0.78
0.89
0.92
0.96
Basic Weighted Avg Shares
1,156
1,157
1,157
1,157
1,157
1,157
1,157
1,157
1,157
1,157
1,157
1,157
1,157
Sales/Revenue/Turnover
281
297
206
276
248
371
367
503
782
595
615
521
478
Operating Margin (%)
11.15
36.39
29.87
34.12
28.27
33.91
20.07
39.89
54.74
39.52
32.44
11.66
11.53
Depreciation Expense
98
17
8
3
4
8
22
21
18
25
55
49
47
Net Income, GAAP
26
-110
-278
93
61
113
78
204
322
172
150
59
47
Effective Tax Rate (%)
28.1
- -
- -
2.01
9.04
16.54
5.26
2.73
30.22
30.98
30.22
27.72
30.59
Profit Margin (%)
9.11
-37.07
-135.15
33.62
24.49
30.58
21.17
40.62
41.23
28.88
24.42
11.24
9.75
Working Capital
197
184
192
197
220
244
248
337
491
428
462
472
511
LT Debt
1
- -
7
3
- -
1
- -
1
1
2
1
- -
- -
Total Equity
749
535
246
333
388
478
532
712
871
904
1,031
1,061
1,108
Return on Invested Capital (%)
2.96
- -
- -
30.6
17.35
23.79
13.47
30.54
37.11
18.02
14
4.19
3.52
Return on Capital (%)
3.91
- -
- -
32.22
18.82
26.2
15.4
35.31
40.01
19.27
15.73
5.81
4.49
Return on Common Equity (%)
3.42
-17.16
-71.17
32.14
16.86
26.19
15.38
32.79
40.68
19.35
15.51
5.6
4.3

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.8%
9.5%
4.42%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-3.29%
-16.58%
-20.41%
Sales/Revenue/Turnover
12.11%
2.29%
-8.25%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
615
2024
- -
- -
521
2025
- -
- -
478

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.13
2024
- -
- -
0.05
2025
- -
- -
0.04

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.02
2024
- -
- -
0.03
2025
- -
- -
- -

Company Description

CEO
Wei Dong Wang
Full Time Employees
581
Sector
Non-energy minerals
Industry
Steel
Address
34A Alexander Street Burnie TAS Australia 7320
IPO Date
Mar 27, 1986
Business
Grange Resources Limited (ASX:GRR) owns and operates Australia's largest integrated iron ore mining and pellet production business, focused on magnetite ore in the northwest region of Tasmania; it mines and processes magnetite at the Savage River mine, approximately 100km southwest of Burnie, producing over 2.6 million tonnes of concentrate annually, and manufactures premium quality iron ore pellets at its wholly owned pellet plant and port facility at Port Latta, 70km northwest of Burnie, with capacity exceeding 2.5 million tonnes per year; the company also holds a 100% interest in the advanced Southdown magnetite project near Albany in Western Australia, which features a planned initial production rate of 5 million tonnes of premium magnetite concentrate annually. Founded in 1985 and headquartered at 34A Alexander Street in Burnie, Tasmania, Grange supplies its pellets through a mix of spot and term contracts primarily to customers in the Asia-Pacific region and beyond, targeting steelmakers seeking high-iron, low-impurity products that support lower carbon emissions in steel production. In recent developments, the company completed a definitive feasibility study in 2024 for underground mining below North Pit at Savage River, integrating it with existing open-cut operations to extend mine life beyond 2040, advanced over 3km of underground decline development and 95m of vertical shafts before pausing project execution in December 2024 amid softer iron ore prices while pursuing long-term funding, secured up to $20 million in Australian government grant funding through the Powering the Regions Fund for decarbonisation initiatives including Savage River underground electrification and anthracite elimination at Port Latta furnaces, achieved over 600 days lost time injury free with enhanced safety systems like Hexagon collision avoidance, and produced 2.47 million tonnes of pellets in fiscal 2024 while maintaining strong cash reserves of $298 million.