TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Grange Resources Limited ( (AU:GRR) ) has issued an update.
Grange Resources Limited reported a statutory profit after tax of $13.8 million for the first half of 2025, a decrease from $26.5 million in the previous year, amidst challenging market conditions and weaker product pricing. Despite these challenges, the company maintained strong safety performance and strategic operations, including reducing concentrate stockpiles and increasing pellet stockpiles to support future shipments. The company faced increased unit cash operating costs due to lower concentrate production, and its cash reserves were impacted by lower prices and increased operational expenditures aimed at securing future ore delivery and growth investments.
More about Grange Resources Limited
Grange Resources Limited is Australia’s most experienced magnetite producer, primarily engaged in the mining, processing, and sale of iron ore from its operations in Tasmania. The company is also involved in the exploration and evaluation of mineral resources, focusing on the Southdown Magnetite Project near Albany, Western Australia.
Average Trading Volume: 1,153,070
Technical Sentiment Signal: Sell
Current Market Cap: A$243M
Learn more about GRR stock on TipRanks’ Stock Analysis page.