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Grange Resources Confirms Stability in Mineral Resource Estimates

Story Highlights
  • Grange Resources Limited is a leading producer of magnetite pellets in Australia.
  • The company confirms no material changes in its mineral resource estimates, ensuring stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Grange Resources Confirms Stability in Mineral Resource Estimates

Grange Resources Limited ( (AU:GRR) ) has issued an announcement.

Grange Resources Limited has released a presentation highlighting its current activities and mineral resource estimates for its Savage River and Southdown projects. The company reaffirms that there have been no material changes to the previously announced estimates, ensuring stakeholders of the stability and reliability of its resource base. This announcement underscores Grange’s commitment to transparency and provides assurance to investors about the company’s ongoing operations and future prospects in the mining sector.

More about Grange Resources Limited

Grange Resources Limited is Australia’s most experienced producer of magnetite pellets. The company operates in the mining industry, focusing on the extraction and production of mineral resources, particularly magnetite, which is a key component in steel manufacturing.

YTD Price Performance: -33.82%

Average Trading Volume: 19,560

Technical Sentiment Signal: Buy

Current Market Cap: $153.2M

For an in-depth examination of GRR stock, go to TipRanks’ Stock Analysis page.

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