Grange Resources Limited.

GRR.ASX

Materials

Magnetite producer

Market Data

Price

$0.160

+0.0%
Market Cap

$185.2M

P/E Ratio

4.0x

EPS

$0.040

Div. Yield

0.00%

52-Week Change

-0.3%

Latest Earnings

GRR - Quarterly Report for 3 months ended 31 Mar 2026

28 April 2026

Grange Resources delivered a solid Q1 2026 with sustained operational performance at Savage River, achieving 607kt of concentrate production and 555kt of pellet sales despite scheduled maintenance shutdowns. The company maintained exceptional safety metrics (1,057 LTI-free days), stable pricing at A$182.61/t, and lowered unit cash operating costs to A$136.56/t, while cash reserves remained robust at A$284.13 million. Project financing for the North Pit Underground Project advanced with completed due diligence, positioning the company for growth capex execution in coming quarters. Key points: Exceptional safety performance: 1,057 consecutive LTI-free days with zero lost time injuries in Q1 2026; Strong operational efficiency: Unit cash operating costs decreased to A$136.56/t from A$140.57/t despite higher fuel prices from geopolitical tensions; Robust cash position: Cash and liquid investments of A$284.13 million plus A$20.89 million in trade receivables provide financial flexibility

Recent Announcements

28 Apr 2026 Actual Results Positive

GRR - Quarterly Report for 3 months ended 31 Mar 2026

Grange Resources delivered a solid Q1 2026 with sustained operational performance at Savage River, achieving 607kt of concentrate production and 555kt of pellet sales despite scheduled maintenance shutdowns. The company maintained exceptional safety metrics (1,057 LTI-free days), stable pricing at A$182.61/t, and lowered unit cash operating costs to A$136.56/t, while cash reserves remained robust at A$284.13 million. Project financing for the North Pit Underground Project advanced with completed due diligence, positioning the company for growth capex execution in coming quarters. Key points: Exceptional safety performance: 1,057 consecutive LTI-free days with zero lost time injuries in Q1 2026; Strong operational efficiency: Unit cash operating costs decreased to A$136.56/t from A$140.57/t despite higher fuel prices from geopolitical tensions; Robust cash position: Cash and liquid investments of A$284.13 million plus A$20.89 million in trade receivables provide financial flexibility

13 Apr 2026 Sph Neutral

Ceasing to be a substantial holder from MUFG

MUFG ceased to be a substantial holder.

10 Apr 2026 Sph Neutral

Ceasing to be a substantial holder

First Sentier Group Limited ACN 630 725 558 ceased to be a substantial holder.

27 Feb 2026 Actual Results Negative

Appendix 4E - 31 December 2025

Grange Resources reported FY2025 revenues of $477.9M, down 8% from $520.8M in FY2024, with net profit declining 21% to $46.6M. The company declared no final dividend and maintained a modest net tangible asset backing of $0.96 per share, indicating a challenging operating environment with margin compression. Key points: Net tangible asset backing improved to $0.96 per share from $0.92; Company maintained audited financial statements with no material post-balance date events; Preserved capital position despite challenging operating conditions

Get real-time alerts for GRR

Receive AI-powered earnings summaries and instant notifications when Grange Resources Limited. releases results.

Register Free