GRR.AX
Price:
$0.21
Market Cap:
$243.04M
Grange Resources Limited owns and operates integrated iron ore mining and pellet production business in the northwest region of Tasmania. The company is involved in the mining, processing, and sale of iron ore; and exploration, evaluation, and development of mineral resources. It owns interests in the Savage River project in Tasmania; Pellet Plant project in Port Latta located to the northwest of Burnie; and Southdown magnetite project located in Western Australia. Grange Resources Limited is based in Burnie, Australia.[Read more]
Industry
Industrial Materials
IPO Date
1988-01-31
Stock Exchange
ASX
Ticker
GRR.AX
According to Grange Resources Ltd’s latest financial reports and current stock price. The company's current ROE is 10.28%. This represents a change of 86.42% compared to the average of 5.52% of the last 4 quarters.
The mean historical ROE of Grange Resources Ltd over the last ten years is 4.73%. The current 10.28% ROE has changed 117.23% with respect to the historical average. Over the past ten years (40 quarters), GRR.AX's ROE was at its highest in in the June 2010 quarter at 2.34%. The ROE was at its lowest in in the December 2015 quarter at -80.65%.
Average
4.73%
Median
17.33%
Minimum
-113.15%
Maximum
36.99%
Discovering the peaks and valleys of Grange Resources Ltd ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 449.69%
Maximum Annual ROE = 36.99%
Minimum Annual Increase = -637.13%
Minimum Annual ROE = -113.15%
Year | ROE | Change |
---|---|---|
2023 | 14.55% | -23.38% |
2022 | 18.99% | -48.65% |
2021 | 36.99% | 29.22% |
2020 | 28.63% | 96.18% |
2019 | 14.59% | -38.48% |
2018 | 23.72% | 51.43% |
2017 | 15.66% | -43.91% |
2016 | 27.93% | -124.68% |
2015 | -113.15% | 449.69% |
2014 | -20.58% | -637.13% |
The current ROE of Grange Resources Ltd (GRR.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
23.51%
5-year avg
22.75%
10-year avg
4.73%
Grange Resources Ltd’s ROE is less than Mount Gibson Iron Limited (1.05%), less than Ramelius Resources Limited (17.50%), greater than IGO Limited (0.08%), less than New Hope Corporation Limited (18.87%), greater than Base Resources Limited (-19.75%),
Company | ROE | Market cap |
---|---|---|
1.05% | $355.45M | |
17.50% | $2.49B | |
0.08% | $3.80B | |
18.87% | $4.09B | |
-19.75% | $298.03M |
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