Grange Resources Limited
AU:
GRR
-
AUD
OTHER INDUSTRIAL METALS & MINING
A$0.88
+A$0.02
(+2.33%)
How to buy Grange Resources (GRR) shares
Learn how to easily invest in 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 in Australian Dollars. Grange Resources has a trailing 12-month revenue of around $526.3 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Grange Resources
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
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What's in this guide?
- Grange Resources key stats
- Compare share trading platforms
- Is Grange Resources stock a buy or sell?
- Grange Resources performance over time
- Are Grange Resources shares over-valued?
- Grange Resources 's financials
- How volatile are Grange Resources shares?
- Does Grange Resources pay a dividend?
- Have Grange Resources shares ever split?
- Other common questions
Grange Resources stock price (ASX:GRR)
Use our graph to track the performance of GRR stocks over time.Grange Resources shares at a glance
Information last updated 2021-07-22.
| 52-week range | $0.2217 - $0.875 |
|---|---|
| 50-day moving average | $0.629 |
| 200-day moving average | $0.5084 |
| Target price | $0.06 |
| PE ratio | 4.6875 |
| Dividend yield | $0.03 (3.61%) |
| Earnings per share (TTM) | $0.176 |
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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.
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 last close of A$0.525
| 1 month (2021-06-25) | -7.08% |
|---|---|
| 3 months (2021-04-27) | -11.76% |
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 5x. In other words, Grange Resources shares trade at around 5x 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 $252.4 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 | $526.3 million |
|---|---|
| Operating margin TTM | 42.52% |
| Gross profit TTM | $230.8 million |
| Return on assets TTM | 17.9% |
| Return on equity TTM | 32.66% |
| Profit margin | 38.79% |
| Book value | 0.616 |
| Market capitalisation | $954.8 million |
TTM: trailing 12 months
Grange Resources share dividends
Dividend payout ratio: 16.67% of net profits
Recently Grange Resources has paid out, on average, around 16.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.97% 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 4.97% return on their shares, in the form of dividend payments. In Grange Resources 's case, that would currently equate to about A$0.03 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 11 March 2021 (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 $0.2217 up to $0.875. 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 1.0499. This would suggest that Grange Resources 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly 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. 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.
Stocks similar to Grange Resources
Grange Resources in the news
The CEO, MD & Executive Director of Grange Resources Limited (ASX:GRR), Honglin Zhao, Just Bought 34% More Shares
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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