Grange Resources Ltd traded at 1.21 this Tuesday August 9th, increasing 0.01 or 0.42 percent since the previous trading session. Looking back, over the last four weeks, Grange Resources Ltd gained 4.78 percent. Over the last 12 months, its price rose by 63.95 percent. Looking ahead, we forecast Grange Resources Ltd to be priced at 1.12 by the end of this quarter and at 1.04 in one year, according to Trading Economics global macro models projections and analysts expectations.

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Peers Price Day Year
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Flinders Mines Ltd 0.50 0.01 1.01% -47.09%
Mount Gibson Iron Ltd 0.51 -0.02 -2.88% -34.42%
Steel Tube 1.35 -0.01 -0.74% 17.39%

Grange Resources Ltd
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 two segments: Ore Mining and Property Development. 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. The Company's Southdown Magnetite Project, situated approximately 90 kilometers (km) from the city of Albany in Western Australia, is a joint venture between the Company and SRT Australia Pty Ltd (SRTA). The joint venture proposes to mine and exports iron ore pellets and concentrates. Its Savage River magnetite iron ore mine is located approximately 100 km southwest of the city of Burnie, which produces iron-concentrated magnetite. Its wholly owned pellet plant and port facility at Port Latta produces iron ore products.