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Grange Resources Reports Increased Pellet Sales Amid Investments

Grange Resources Reports Increased Pellet Sales Amid Investments

Grange Resources Limited (AU:GRR) has released an update.

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Grange Resources Limited reported a rise in pellet sales to 647kt for the September quarter, despite a dip in concentrate production and average received prices. The company invested approximately A$24.5 million in capital projects, including underground exploration and equipment upgrades. Cash holdings decreased to A$249.47 million from the previous quarter’s A$289.55 million.

For further insights into AU:GRR stock, check out TipRanks’ Stock Analysis page.

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