Get the Finder app 🥳

Track your credit score


How to buy Grange Resources shares | A$0.24

Own Grange Resources shares in just a few minutes.


Fact checked

We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder .

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. Its last market close was $0.24 – a decrease of 2.04% over the previous week. 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 of $0.24, 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.

🧪How we chose these brokers

For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Grange Resources 's share price?

Since the stock market crash in March caused by coronavirus, Grange Resources 's share price has had significant positive movement.

Its last market close was $0.24, which is 6.25% up on its pre-crash value of $0.225 and 60.00% up on the lowest point reached during the March crash when the shares fell as low as $0.15.

If you had bought $1,000 worth of Grange Resources shares at the start of February 2020, those shares would have been worth $695.65 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,043.48.

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 2020-10-20.
Latest market closeAUDA$0.24
52-week rangeAUDA$0.165 - AUDA$0.29
50-day moving average AUDA$0.2521
200-day moving average AUDA$0.2451
Target priceAUDA$0.06
PE ratio 2.3026
Dividend yield AUDA$0.02 (8%)
Earnings per share (TTM) AUDA$0.106

Share Trading Account Offer

IG Share Trading Offer


Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
Go to site
More info

Important: Share trading carries risk of capital loss.


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 indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
ASX shares, Global shares, Margin trading, Options trading
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.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares

Compare up to 4 providers

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.

Grange Resources price performance over time

Historical closes compared with the close of A$0.24 on 2020-10-22

1 week (2020-10-16) -2.04%
1 month (2020-09-25) -2.04%
3 months (2020-07-24) -11.11%
6 months (2020-04-24) 14.29%
1 year (2019-10-24) 14.29%
2 years (2018-10-24) 26.32%
3 years (2017-10-24) 65.52%
5 years (2015-10-23) 92.00%

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 2x. In other words, Grange Resources shares trade at around 2x 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.

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 $279 million

TTM: trailing 12 months

Grange Resources share dividends


Dividend payout ratio: 18.18% of net profits

Recently Grange Resources has paid out, on average, around 18.18% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8% 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 8% 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 low, this can signify that Grange Resources is investing more in its 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 $0.165 up to $0.29. A popular way to gauge a stock's volatility is its "beta".

GRR.AU volatility(beta: 1.27)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 1.2722. This would suggest that Grange Resources 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

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

More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site