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Grange Resources Limited ( (AU:GRR) ) has provided an update.
Grange Resources Limited reported its first-quarter results for 2025, highlighting a strong safety record with no lost time injuries and an improvement in market pricing for its products. Despite a planned reduction in production due to annual maintenance, the company is progressing with its North Pit Underground project, aiming for project execution in 2026. The company maintains a strong cash reserve, although it decreased due to capital expenditures and lower sales. The feasibility study for the Southdown Magnetite Project indicates its potential value in the direct reduction iron market.
More about Grange Resources Limited
Grange Resources Limited is a company operating in the mining industry, primarily focused on the production of iron ore. The company is known for its operations at Savage River and is involved in various projects including the North Pit Underground project and the Southdown Magnetite Project.
YTD Price Performance: -2.14%
Average Trading Volume: 25,065
Technical Sentiment Signal: Hold
Current Market Cap: $152.5M
For detailed information about GRR stock, go to TipRanks’ Stock Analysis page.