How to buy Grange Resources shares | GRR historical share price and analysis
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How to buy Grange Resources shares

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Grange Resources Limited 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 listed in Australian Dollars. Grange Resources has a trailing 12-month revenue of around $460.4 million.

How to buy shares in Grange Resources

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Grange Resources . Find the share by name or ticker symbol: GRR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Grange Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Grange Resources . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

What's in this guide?

  1. Grange Resources key stats
  2. Compare share trading platforms
  3. Is Grange Resources stock a buy or sell?
  4. Grange Resources performance over time
  5. Are Grange Resources shares over-valued?
  6. Grange Resources 's financials
  7. How volatile are Grange Resources shares?
  8. Does Grange Resources pay a dividend?
  9. Have Grange Resources shares ever split?
  10. Other common questions

Grange Resources share price

Use our graph to track the performance of GRR stocks over time.

Grange Resources shares at a glance

Information last updated 2021-02-24.
52-week range$0.159 - $0.455
50-day moving average $0.3532
200-day moving average $0.2837
Target price$0.06
PE ratio 4.2453
Dividend yield $0.02 (4.65%)
Earnings per share (TTM) $0.106

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
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ThinkMarkets Share Trading
ThinkMarkets Share Trading
AUD $8
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ASX shares, ETFs
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CMC Markets Stockbroking
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ANZ Share Investing
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AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
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Westpac Online Investing Account
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AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
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Is it a good time to buy Grange Resources stock?

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.

Technical Analysis of Grange Resources Limited by TradingView

Is Grange Resources under- or over-valued?

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 P/E ratio

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 4x. In other words, Grange Resources shares trade at around 4x 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

Grange Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $181.6 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.

Grange Resources financials

Revenue TTM $460.4 million
Operating margin TTM 32.36%
Gross profit TTM $82.5 million
Return on assets TTM 13.8%
Return on equity TTM 22.65%
Profit margin 26.75%
Book value 0.508
Market capitalisation $520.8 million

TTM: trailing 12 months

Grange Resources share dividends

33%

Dividend payout ratio: 33.33% of net profits

Recently Grange Resources has paid out, on average, around 33.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.65% 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 4.65% return on their shares, in the form of dividend payments. In Grange Resources 's case, that would currently equate to about A$0.02 per share.

While Grange Resources 's payout ratio might seem fairly standard, it's worth remembering that Grange Resources may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 10 September 2020 (the "ex-dividend date").

Have Grange Resources 's shares ever split?

Grange Resources 's shares were split on 19 August 2009.

Grange Resources share price volatility

Over the last 12 months, Grange Resources 's shares have ranged in value from as little as $0.159 up to $0.455. A popular way to gauge a stock's volatility is its "beta".

GRR.AU volatility(beta: 0.98)Avg. volatility(beta: 1.00)LowHigh

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 0.9766. This would suggest that Grange Resources 's shares are less volatile than average (for this exchange).

Grange Resources overview

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 at the Southdown Magnetite and related Pellet plant projects. It owns interests in the Savage River magnetite iron ore mine located to the southwest of the city of Burnie. Grange Resources Limited is based in Burnie, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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