Grange Resources Limited [ASX:GRR] share price and news 2022

Company Description

Grange Resources Ltd (GRR) owns and operates iron ore mining and pellet production business located in the northwest region of Tasmania. GRR focuses on magnetite projects in two main areas, namely, Savage River Operation, Southdown Project and North Pit Underground Development Project.

Grange Resources Limited belongs to Materials sector and under industry of Steel. You can get more information about this company via their website: http://www.grangeresources.com.au.

This a small cap company with market cap of 613 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0 3 0.86 0
Market 1.03 20.6 1.71 1.15
Sector 1.02 15.5 2.44 0.55

Dividend Growth Chart

The following chart shows you how grr dividend grows in the recent years.Grange Resources Limited has dividend yield of 3.60%