Grange Resources Limited (AU:GRR) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
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.