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Grange Resources is an other industrial metals & mining business based in Australia. Grange Resources shares (GRR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Grange Resources has a trailing 12-month revenue of around $734.9 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $0.2498 - $0.86 |
|---|---|
| 50-day moving average | $0.6645 |
| 200-day moving average | $0.6154 |
| Target price | $0.06 |
| PE ratio | 2.8378 |
| Dividend yield | $0.04 (4.76%) |
| Earnings per share (TTM) | $0.296 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$0.78
| 1 week (2022-01-14) | -7.14% |
|---|---|
| 1 month (2021-12-21) | 10.64% |
| 3 months (2021-10-21) | 30.00% |
| 6 months (2021-07-21) | -6.02% |
| 1 year (2021-01-21) | 132.84% |
|---|---|
| 2 years (2020-01-21) | 205.88% |
| 3 years (2019-01-21) | 290.00% |
| 5 years (2017-01-20) | 333.33% |
Valuing Grange Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Grange Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Grange Resources 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Grange Resources shares trade at around 3x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Grange Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $430.9 million (£0.0 million).
The EBITDA is a measure of a Grange Resources 's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $734.9 million |
|---|---|
| Operating margin TTM | 54.82% |
| Gross profit TTM | $230.8 million |
| Return on assets TTM | 27.63% |
| Return on equity TTM | 46.32% |
| Profit margin | 46.69% |
| Book value | 0.774 |
| Market capitalisation | $972.2 million |
TTM: trailing 12 months
Dividend payout ratio: 116.67% of net profits
Recently Grange Resources has paid out, on average, around 116.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.76% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Grange Resources shareholders could enjoy a 4.76% return on their shares, in the form of dividend payments. In Grange Resources 's case, that would currently equate to about A$0.04 per share.
Grange Resources 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 14 December 2021 (the "ex-dividend date").
Grange Resources 's shares were split on 19 August 2009.
Over the last 12 months, Grange Resources 's shares have ranged in value from as little as $0.2498 up to $0.86. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Grange Resources 's is 0.894. This would suggest that Grange Resources 's shares are less volatile than average (for this exchange).
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.
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