Grange Resources Limited (AU:GRR) has released an update.
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Grange Resources Limited reports a decrease in revenues by 16% and a significant 62% drop in profits after tax for the first half of 2024 compared to the same period in 2023. The company’s net tangible asset backing has shown a slight increase from $0.82 to $0.89 per share. Despite these results, a final dividend of 0.50 cents per share has been declared for shareholders, with no dividend reinvestment plan in place.
For further insights into AU:GRR stock, check out TipRanks’ Stock Analysis page.
