Grange Resources Limited (AU:GRR)
ASX:GRR
Top Page
Grange Resources Limited
(Sydney:GRR)
Select Model
Select Model
Rating:62Neutral
Price Target:
AU$0.20
▼(-19.60% Downside)
Action:DowngradedDate:03/01/26
The score is supported most by financial resilience from an exceptionally low-debt balance sheet and a low P/E valuation. Offsetting these positives are weaker recent operating performance (contracting revenue, sharply lower margins/returns, and negative 2025 free cash flow) and bearish/weak technical signals (negative MACD, RSI below 50, and price below key short-to-mid-term moving averages).
Positive Factors
Exceptionally conservative balance sheet
Near-zero leverage and a sizable equity base provide durable financial flexibility through commodity cycles. This structural strength reduces refinancing risk, supports capital allocation choices (capex, dividends, M&A) and cushions downturns, preserving strategic optionality over months.
Negative Factors
Declining revenue trend
A multi-year top-line decline erodes scale, limits the firm's ability to spread fixed costs, and reduces pricing leverage. Persisting lower volumes or weaker price realizations will constrain margin recovery, capex funding and long-term reinvestment capacity unless revenues stabilize or reverse.
Read all positive and negative factors
Positive Factors
Negative Factors
Exceptionally conservative balance sheet
Near-zero leverage and a sizable equity base provide durable financial flexibility through commodity cycles. This structural strength reduces refinancing risk, supports capital allocation choices (capex, dividends, M&A) and cushions downturns, preserving strategic optionality over months.
Read all positive factors
Grange Resources Limited (GRR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$219.89M
Dividend YieldN/A
Average Volume (3M)1.37M
Price to Earnings (P/E)7.1
Beta (1Y)1.45
Revenue Growth-13.54%
EPS Growth-56.86%
CountryAU
Employees581
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.03
Shares Outstanding1,157,338,700
10 Day Avg. Volume715,755
30 Day Avg. Volume1,373,734
Financial Highlights & Ratios
PEG Ratio-0.35
Price to Book (P/B)0.30
Price to Sales (P/S)0.69
P/FCF Ratio-15.05
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Grange Resources Limited Business Overview & Revenue Model
Company Description
Grange Resources Limited (GRR) is an Australian mining company primarily engaged in the exploration, development, and production of iron ore. The company operates in the mining sector and is known for its significant iron ore projects, including t...
How the Company Makes Money
Grange Resources primarily makes money by selling iron ore products—most notably iron ore pellets—produced from its mining and processing operations in Tasmania. Revenue is generated from contracts and spot sales to customers in steelmaking supply...
Grange Resources Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
93
Very Positive
Cash Flow
52
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 477.85M | 520.80M | 614.74M | 594.55M | 781.66M |
| Gross Profit | 59.41M | 61.32M | 199.51M | 239.40M | 435.55M |
| EBITDA | 171.75M | 243.74M | 274.53M | 308.67M | 538.92M |
| Net Income | 46.60M | 58.55M | 150.10M | 171.74M | 322.26M |
Balance Sheet | |||||
| Total Assets | 1.44B | 1.30B | 1.24B | 1.10B | 1.12B |
| Cash, Cash Equivalents and Short-Term Investments | 275.15M | 298.05M | 282.61M | 298.61M | 464.69M |
| Total Debt | 261.00K | 1.32M | 2.21M | 6.48M | 17.45M |
| Total Liabilities | 335.10M | 240.06M | 212.82M | 194.09M | 249.02M |
| Stockholders Equity | 1.11B | 1.06B | 1.03B | 904.13M | 871.22M |
Cash Flow | |||||
| Free Cash Flow | -21.91M | 40.13M | 8.92M | -27.63M | 418.09M |
| Operating Cash Flow | 132.51M | 239.92M | 267.11M | 196.94M | 498.16M |
| Investing Cash Flow | -109.52M | -253.38M | -241.90M | -396.24M | -79.57M |
| Financing Cash Flow | -1.79M | -30.73M | -25.19M | -145.55M | -165.25M |
Grange Resources Limited Technical Analysis
Negative
0.25
Price Trends
0.22
Negative
0.24
Negative
0.23
Negative
Market Momentum
>-0.01
Negative
42.53
Neutral
42.86
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GRR, the sentiment is Negative. The current price of 0.25 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.22, and above the 200-day MA of 0.23, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.53 is Neutral, neither overbought nor oversold. The STOCH value of 42.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GRR.
Grange Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | AU$219.89M | 7.08 | 4.27% | ― | -13.54% | -56.86% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | AU$256.26M | 9.29 | 7.38% | 2.17% | 21.95% | -84.84% | |
51 Neutral | AU$347.52M | -4.82 | -53.29% | ― | ― | ― | |
45 Neutral | AU$103.05M | -21.61 | -10.82% | ― | ― | -166.67% | |
42 Neutral | AU$143.80M | -6.42 | -8.06% | ― | ― | 37.04% |
* Basic Materials Sector Average
AU:GRR
Grange Resources Limited
0.19
-0.01
-5.00%
AU:FEX
Fenix Resources Limited
0.34
0.05
18.79%
AU:DRE
Dreadnought Resources Limited
0.02
<0.01
50.00%
AU:CBE
Cobre Limited
0.15
0.09
150.00%
AU:CTM
Centaurus Metals Limited
0.62
0.27
75.71%
Grange Resources Limited Corporate Events
Grange Resources Holds Savage River Reserves Steady as Underground Development Advances
Apr 2, 2026
Grange Resources reported that Mineral Resources and Ore Reserves at its Savage River operation as at 31 December 2025 remain broadly in line with the prior year, with only modest reductions due mainly to mining depletion and refinements to mine d...
Grange Resources Sets May Date and Nomination Deadline for 2026 AGM
Mar 24, 2026
Grange Resources has scheduled its 2026 Annual General Meeting for 13 May, where one of the key items of business will be the election of directors to its board. The company has set 31 March 2026, by 5.00pm AEDT, as the deadline for receipt of dir...
Grange Resources Appoints Guo Wei to Board With No Initial Shareholdings
Mar 10, 2026
Grange Resources Limited has notified the ASX of the appointment of Guo Wei as a director effective 9 March 2026, in line with its disclosure obligations under listing rule 3.19A.1 and the Corporations Act. The initial director’s interest no...
Grange Resources Adds Shagang Group CFO Guo Wei to Board
Mar 10, 2026
Grange Resources Limited has appointed Jiangsu Shagang Group Co. Chief Financial Officer Guo Wei as a non-independent, non-executive director, effective 9 March 2026. His long tenure and leadership across finance, import and export, and investment...
Grange Resources Emphasises Reconciliation in 2025 Sustainability Report
Feb 26, 2026
Grange Resources has released a 2025 Sustainability Report that underscores its commitment to reconciliation with Tasmanian Aboriginal communities. The company formally acknowledges the traditional custodians of the lands and waterways where it op...
Grange Resources Issues 2025 Full-Year Financial Report
Feb 26, 2026
Grange Resources Limited has released its financial report for the year ended 31 December 2025, detailing the group’s consolidated results, financial position, cash flows, and changes in equity. The report, authorised by the board on 26 Febr...
Grange Resources posts lower 2025 profit and revenue, holds back dividend
Feb 26, 2026
Grange Resources has reported lower full-year results for the 12 months to 31 December 2025, with revenue from ordinary activities falling 8% to $477.9 million compared with the prior year. Profit from ordinary activities after tax attributable to...
Grange Resources Lifts Production and Cuts Costs in Strong December Quarter
Jan 27, 2026
Grange Resources reported a strong December 2025 quarter, highlighting continued leading safety performance with 967 days without a lost time injury and robust operational results at its Savage River operations. Concentrate production rose to 623k...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.