If you compare Grange Resources with other small IO miners in ASX, you can easily find the stand outs:
It's running with large margin, fat net profit.
It has over $160 millions cash.
The product (Pellets) attracts clear premium over the standard FE62 and 56, and is highly preferred in the main market such as China.
SD project re-opening with extend such leading position over many years, although capital required.
This Iron Ore maker is slowly recovering from the disastrous mid-year quarter, and the true value will be recognised.
If you compare Grange Resources with other small IO miners in...
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Last
25.5¢ |
Change
0.010(4.08%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.5¢ | 24.5¢ | $277.9K | 1.118M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8697 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 300014 | 8 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
