An update from Grange Resources Limited ( (AU:GRR) ) is now available.
Grange Resources Limited has reported a significant decline in its financial performance for the year ending December 31, 2024, with revenues dropping by 15% and profits after tax plummeting by 61% compared to the previous year. Despite the decrease in financial metrics, the company’s net tangible asset backing per ordinary security saw a slight increase, indicating a stable asset base, although no dividends were declared for the period.
More about Grange Resources Limited
Grange Resources Limited operates in the mining industry, focusing primarily on the extraction and production of mineral resources. The company is known for its involvement in the iron ore sector, contributing to the supply of this essential raw material for various industrial applications.
YTD Price Performance: 2.86%
Average Trading Volume: 14,298
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $167.9M
For detailed information about GRR stock, go to TipRanks’ Stock Analysis page.