Added to YB: 2026-06-18
Pitch date: 2026-06-16
GRR.AX [bullish]
Grange Resources Limited
Author Info
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Company Info
Grange Resources Limited owns and operates integrated iron ore mining and pellet production business in Australia, China, South Korea, Indonesia, and internationally.
Market Cap
AUD 179.4M
Pitch Price
N/A
Price Target
0.38 (+145%)
Dividend
N/A
EV/EBITDA
-0.88
P/E
3.87
EV/Sales
-0.20
Sector
Metals and Mining
Category
value
GRANGE RESOURCES LIMITED ( ASX:GRR), An Uglystock the way I like them!
GRR.AX: Australia's oldest magnetite iron ore producer at A$0.16, deep-value net-net. A$284M cash > A$185M mkt cap = negative EV ~A$95M. Trades 0.18-0.22x NTA (A$0.93), <4x P/E. Premium 65%+ Fe pellets at 18% benchmark premium. PT A$0.38 (90-138% upside). Risks: NPUG A$890M capex, Chinese SOE control, no dividend, iron ore cyclicality. Free option on Southdown 1.2Bt resource.
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