Last Price Today's Change   Day's Range   Trading Volume
0.225   +0.005 (2.27%)  0.22 - 0.23  806,239


Avg Volume (4 weeks):926,953
4 Weeks Range:0.215 - 0.24
4 Weeks Price Volatility (%):
52 Weeks Range:0.18 - 0.35
52 Weeks Price Volatility (%):
Average Price Target: 0.25
Price Target Upside/Downside: +0.025


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Business Background

Grange Resources Limited is an Australia-based company, which owns and operates iron ore mining and pellet production business located in the northwest region of Tasmania. The Company operates through the segment of exploration, evaluation and development of mineral resources and iron ore mining operations. The principal activities of the Company include the mining, processing and sale of iron ore, and the ongoing exploration, evaluation and development of mineral resources particularly, the Southdown Magnetite and associated Pellet Plant Projects. The Southdown Magnetite deposit is located approximately 90 kilometers (km) northeast of Albany on the South coast of Western Australia. Southdown Magnetite and Associated Pellet Project(s) is a joint venture between Grange Resources Limited and SRT Australia Pty Ltd. The joint venture proposes to mine and exports iron ore pellets and concentrates. Its Savage River magnetite iron ore mine is 100 km southwest of the city of Burnie.

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paoblocrk Nobody talks about this company but the dividend yield is quite good.
21/11/2013 6:10 PM
paoblocrk interesting, this forum is not getting as much attention as compared to the Malaysia I3 KLSE..... I think I like this company considering at this moment it can give close to 10% dividend yield.
04/12/2013 11:54 AM


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