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An announcement from Grange Resources Limited ( (AU:GRR) ) is now available.
Grange Resources reported that Mineral Resources and Ore Reserves at its Savage River operation as at 31 December 2025 remain broadly in line with the prior year, with only modest reductions due mainly to mining depletion and refinements to mine designs and scheduling. The company’s December 2025 Mineral Resource stands at 464 million tonnes at 44% Davis Tube Recovery, while Ore Reserves total 96 million tonnes at 44.7% DTR, and extensive underground development, drilling and ventilation work has been completed to support the next phase of underground mining, underpinning long-term production continuity and asset life.
The most recent analyst rating on (AU:GRR) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Grange Resources Limited stock, see the AU:GRR Stock Forecast page.
More about Grange Resources Limited
Grange Resources Limited is an Australian iron ore producer focused on its 100% owned Savage River magnetite operation in Tasmania. The company mines and processes magnetite ore to produce high-grade iron concentrate, serving steelmaking markets that require consistent quality feedstock.
Average Trading Volume: 1,329,487
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$214.1M
For a thorough assessment of GRR stock, go to TipRanks’ Stock Analysis page.