Grange Resources Limited (GRR) Report Analysis
Looking at Grange's financials of Q4 reflected unimpressive, mediocre results. This typically translates into the stock performing on par with market performance for the upcoming quarter. We gave Grange a 66 rating and a HOLD recommendation.
Grange announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was AUD 450.572 million compared to AUD 242.019 million a year ago. Operating income was AUD 278.540 million compared to AUD 99.479 million a year ago. Net income was AUD 205.914 million compared to AUD 67.003 million a year ago. Basic earnings per share from continuing operations was AUD 0.1779 compared to AUD 0.0579 a year ago.
Business Description
Grange 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 is based in Burnie, Australia.
Sector Overview
Grange is included in the Metals & Mining according to GICS (global industry classification standard). The Metals & Mining industry is included in the Materials sector. It includes the producers of aluminum, iron, steel, gold, other diversified metals and minerals, and their related products, as well as the mining and production the above materials. Grange's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Parameter | Value | Change | Score | |
---|---|---|---|---|
Return on Equity | 40.6 | -12.3% | 61 | |
Net Cashflow | 260.5 | 8.4% | 75 | |
Capital Expenditure | -41.1 | -2003.8% | 76 | |
Asset Turnover | 0.8 | -2.8% | 62 | |
Free Cashflow | 0.4 | 23.1% | 79 |
* All values are TTM
The below chart reflects Grange's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Grange's peer average final assessment score stands on 73.0, Grange's score is 66.
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Grange's stock is now priced above its 5-day and 200-day, but below its 50-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near and long-term. In particular, many institutional investors keep close watch of the 200-day moving average. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Grange's stock indicates that it's likely oversold. Overall, these technical indicators don't clearly signal directional momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 62.
Two metrics jump up as the most significant positive drivers of the balance sheet strength in Grange's recent report: Book Value Factors and Cash & Equivalents. Grange publishes impressive results related to book value factors in this report. Specifically, price to book ratio (P/B) now sits at 1.7 and represents a 121.3% change from the previous report. The company's book value factor metrics are even more remarkable when compared to their peers. Therefore, its book value factors earned a score of 92. Also, Grange reported a positive trendline in their cash and cash equivalents metrics. Specifically, they reported that cash and cash equivalents were 443.9, representing 11.8% change from the last report. Its impressive cash and cash equivalents metrics should support upward pressure on its's stock price. The company's cash and cash equivalents movement, therefore, received a grade of 71. That said, one metric, Equity, stood out as particularly concerning. Grange published concerning equity metrics for this filing. In the current report, equity stood at 871.2, which represents a -2.8% change from the last report. This parameter often affects companies in the same industry and market capitalization by up to 5.9%. This performance is significantly less impressive than its peers and competitors. Therefore, their equity movement component earned a score of 51. Similarly, because the company's management is doing an excellent job managing these critical metrics, the balance sheet was given a score of 65.
Parameter | Value | Change | Score |
---|---|---|---|
Assets | 1,120.2 | 2.7% | 70 |
Liabilities | 249.0 | 26.6% | 54 |
Price to Book | 1.7 | 121.3% | 92 |
Cash & Equivalents | 443.9 | 11.8% | 71 |
Equity | 871.2 | -2.8% | 51 |
The below chart describes Grange's performance as reflected on its balance sheet with respect to its peers. While Grange received a balance sheet score of 65, the average of its peers stands on 74.0.
Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
---|---|---|---|---|---|---|---|---|---|
BHP Group Limited | 208.5B | 74 | 92 | 47 | 52 | 76 | 58 | 0 | 1 |
Fortescue Metals Group Limited | 55.0B | 83 | 66 | 68 | 55 | 69 | 65 | 1 | 1 |
Newcrest Mining Limited | 19.4B | 85 | 72 | 46 | 46 | 73 | 52 | 2 | 1 |
South32 Limited | 18.7B | 74 | 73 | 80 | 79 | 74 | 84 | 3 | 1 |
Mineral Resources Limited | 9.2B | 83 | 73 | 52 | 42 | 90 | 55 | 4 | 1 |
Lynas Rare Earths Limited | 8.3B | 74 | 59 | 77 | 62 | 68 | 70 | 5 | 1 |
Northern Star Resources Limited | 8.2B | 87 | 70 | 56 | 48 | 65 | 56 | 6 | 1 |
IGO Limited | 7.8B | 43 | 37 | 80 | 42 | 63 | 50 | 7 | 1 |
BlueScope Steel Limited | 7.3B | 64 | 75 | 87 | 90 | 68 | 85 | 8 | 1 |
Pilbara Minerals Limited | 6.9B | 87 | 59 | 81 | 87 | 56 | 86 | 9 | 1 |
Allkem Limited | 6.9B | 53 | 64 | 44 | 65 | 89 | 57 | 10 | 1 |
OZ Minerals Limited | 6.2B | 87 | 72 | 72 | 69 | 72 | 74 | 11 | 1 |
Evolution Mining Limited | 4.8B | 47 | 57 | 76 | 96 | 54 | 82 | 12 | 1 |
Alumina Limited | 4.4B | 51 | 69 | 50 | 46 | 84 | 50 | 13 | 1 |
OZ Minerals Holdings Pty Ltd | 4.0B | 81 | 62 | 51 | 97 | 87 | 84 | 14 | 1 |
Iluka Resources Limited | 3.9B | 76 | 66 | 87 | 69 | 53 | 77 | 15 | 1 |
Andean Resources Ltd. | 3.7B | 70 | 37 | 60 | 97 | 92 | 86 | 16 | 1 |
Coronado Global Resources Inc. | 2.9B | 44 | 56 | 87 | 85 | 71 | 83 | 17 | 1 |
Nickel Industries Limited | 2.8B | 41 | 44 | 72 | 50 | 70 | 54 | 18 | 1 |
AVZ Minerals Limited | 2.8B | 99 | 56 | 82 | 98 | 66 | 95 | 19 | 1 |
Sims Limited | 2.7B | 85 | 72 | 83 | 49 | 57 | 68 | 20 | 1 |
Zimplats Holdings Limited | 2.6B | 80 | 69 | 68 | 76 | 73 | 77 | 21 | 1 |
Liontown Resources Limited | 2.4B | 43 | 55 | 82 | 97 | 37 | 81 | 22 | 1 |
Perseus Mining Limited | 2.3B | 81 | 70 | 73 | 82 | 66 | 81 | 23 | 1 |
Deterra Royalties Limited | 2.3B | 99 | 79 | 61 | 75 | 68 | 77 | 24 | 1 |
Sandfire Resources Limited | 1.9B | 41 | 64 | 87 | 87 | 73 | 82 | 25 | 1 |
Core Lithium Ltd | 1.8B | 37 | 55 | 82 | 94 | 66 | 83 | 26 | 1 |
Chalice Mining Limited | 1.5B | 98 | 78 | 39 | 46 | 89 | 54 | 27 | 1 |
Capricorn Metals Ltd | 1.3B | 69 | 59 | 81 | 91 | 65 | 86 | 28 | 1 |
West African Resources Limited | 1.3B | 92 | 56 | 81 | 92 | 42 | 87 | 29 | 1 |
Silver Lake Resources Limited | 1.2B | 69 | 62 | 62 | 71 | 57 | 66 | 30 | 1 |
De Grey Mining Limited | 1.2B | 44 | 49 | 79 | 69 | 48 | 66 | 31 | 1 |
Gold Road Resources Limited | 1.2B | 83 | 72 | 56 | 65 | 60 | 64 | 32 | 1 |
Lake Resources NL | 1.2B | 78 | 74 | 55 | 64 | 78 | 66 | 33 | 1 |
Sayona Mining Limited | 1.2B | 78 | 74 | 55 | 64 | 78 | 66 | 34 | 1 |
Regis Resources Limited | 1.1B | 77 | 74 | 51 | 48 | 63 | 53 | 35 | 1 |
Piedmont Lithium Inc. | 1.1B | 97 | 54 | 82 | 97 | 39 | 88 | 36 | 1 |
5E Advanced Materials Inc. | 927.2M | 44 | 83 | 54 | 45 | 37 | 47 | 37 | 1 |
ioneer Ltd | 867.9M | 98 | 56 | 80 | 86 | 52 | 85 | 38 | 1 |
Syrah Resources Limited | 856.9M | 63 | 75 | 38 | 46 | 94 | 49 | 39 | 1 |
Equigold NL | 854.0M | 57 | 46 | 86 | 50 | 45 | 50 | 40 | 1 |
Ramelius Resources Limited | 828.4M | 67 | 41 | 78 | 48 | 49 | 56 | 41 | 1 |
Vulcan Energy Resources Limited | 826.7M | 39 | 53 | 80 | 74 | 41 | 67 | 42 | 1 |
Jervois Global Limited | 813.1M | 71 | 71 | 44 | 94 | 95 | 78 | 43 | 1 |
Mincor Resources NL | 808.9M | 83 | 78 | 43 | 62 | 56 | 62 | 44 | 1 |
Imdex Limited | 796.9M | 59 | 69 | 83 | 61 | 75 | 71 | 45 | 1 |
Bellevue Gold Limited | 722.0M | 96 | 56 | 81 | 87 | 42 | 84 | 46 | 1 |
St Barbara Limited | 701.5M | 80 | 69 | 51 | 49 | 61 | 53 | 47 | 1 |
Emerald Resources NL | 679.4M | 51 | 58 | 80 | 51 | 57 | 60 | 48 | 1 |
Red 5 Limited | 671.6M | 49 | 45 | 39 | 55 | 96 | 47 | 49 | 1 |
Boart Longyear Group Ltd. | 651.0M | 85 | 79 | 39 | 60 | 87 | 60 | 50 | 1 |
Mount Gibson Iron Limited | 629.5M | 94 | 76 | 39 | 41 | 74 | 48 | 51 | 1 |
Westgold Resources Limited | 575.3M | 77 | 65 | 55 | 47 | 73 | 54 | 52 | 1 |
OM Holdings Limited | 563.6M | 84 | 69 | 84 | 81 | 50 | 84 | 53 | 1 |
Australian Strategic Materials Ltd | 540.9M | 44 | 69 | 55 | 46 | 84 | 51 | 54 | 1 |
Neometals Ltd | 531.9M | 97 | 77 | 46 | 50 | 97 | 60 | 55 | 1 |
Adriatic Metals PLC | 528.8M | 78 | 74 | 55 | 64 | 78 | 66 | 56 | 1 |
Argosy Minerals Limited | 467.8M | 78 | 74 | 55 | 64 | 78 | 66 | 57 | 1 |
Perenti Global Limited | 461.4M | 68 | 71 | 51 | 61 | 74 | 60 | 58 | 1 |
Champion Iron Limited | 441.1M | 66 | 49 | 73 | 47 | 67 | 58 | 59 | 1 |
Panoramic Resources Limited | 420.4M | 78 | 75 | 43 | 58 | 85 | 58 | 60 | 1 |
Hastings Technology Metals Limited | 404.8M | 75 | 72 | 56 | 67 | 67 | 65 | 61 | 1 |
Alkane Resources Limited | 402.0M | 45 | 56 | 83 | 88 | 40 | 78 | 62 | 1 |
Centaurus Metals Limited | 397.2M | 78 | 74 | 55 | 64 | 78 | 66 | 63 | 1 |
Bowen Coking Coal Limited | 385.5M | 78 | 74 | 55 | 64 | 78 | 66 | 64 | 1 |
Jupiter Mines Limited | 372.2M | 63 | 93 | 46 | 52 | 80 | 66 | 65 | 1 |
Galan Lithium Limited | 362.2M | 78 | 74 | 55 | 64 | 78 | 66 | 66 | 1 |
Talga Group Ltd | 359.9M | 90 | 78 | 38 | 45 | 95 | 53 | 67 | 1 |
BCI Minerals Limited | 349.8M | 86 | 73 | 58 | 67 | 82 | 71 | 68 | 1 |
Metals X Limited | 344.8M | 90 | 77 | 50 | 67 | 80 | 68 | 69 | 1 |
Pantoro Limited | 330.8M | 78 | 74 | 55 | 64 | 78 | 66 | 70 | 1 |
Aurelia Metals Limited | 327.8M | 85 | 69 | 59 | 60 | 72 | 65 | 71 | 1 |
Macmahon Holdings Limited | 283.7M | 47 | 61 | 72 | 78 | 44 | 68 | 72 | 1 |
Lotus Resources Limited | 277.3M | 78 | 74 | 55 | 64 | 78 | 66 | 73 | 1 |
Firefinch Limited | 236.2M | 78 | 74 | 55 | 64 | 78 | 66 | 74 | 1 |
Andromeda Metals Limited | 229.8M | 78 | 74 | 55 | 64 | 78 | 66 | 75 | 1 |
Grange seems to be balancing strong Revenue Efficiency and EBITDA along with an overall impressive positive income statement. Grange did an excellent job managing its revenue efficiency this past period. Grange's revenue efficiency is 781.7 according to the metrics in the current filing, which represents a 6.4% change from the previous report. This parameter often affects companies in the same industry and market capitalization by up to 24.0%. Their impressive revenue efficiency is even more impressive relative to its peers and competitors in the current market. As a result, its revenue efficiency earned a score of 74. Also, Grange's management did a remarkable job this period managing its EBITDA. In terms of the raw numbers, EBITDA was reported as 464.8, which represents a 7.6% change from the last period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 20.0%. The company is headed in the right direction regarding EBITDA, exhibiting efficient capital controls and strong overall financial performance. The company's EBITDA movement, therefore, received a grade of 61. However, one discouraging result, EBITDA, stood out. Grange's management didn't make significant improvements to their EBITDA this period. In terms of the raw numbers, EBITDA was reported as 464.8, which represents a 7.6% change from the last period. This parameter coud affect companies in the same industry and market capitalization by up to 20.0%. Grange appears to be headed in the wrong direction in terms of EBITDA momentum, likely due to insufficient capital controls and a weaker than expected overall financial performance. Therefore, their EBITDA component earned a score of 61. Because its management is doing an excellent job managing these critical metrics, the income statement was given a score of 64.
Parameter | Value | Change | Score |
---|---|---|---|
EBITDA | 464.8 | 7.6% | 61 |
Total Revenues | 781.7 | 6.4% | 74 |
Return on Equity | 40.6 | -12.3% | 61 |
The below chart describes Grange's performance as reflected on its income statement with respect to its peers. While Grange received a income statement score of 64 , the average of its peers stands on 71.0.
Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
---|---|---|---|---|---|---|---|
BHP Group Limited | 208.5B | 64 | 79 | 79 | 71 | 0 | 1 |
Fortescue Metals Group Limited | 55.0B | 58 | 78 | 75 | 67 | 1 | 1 |
Newcrest Mining Limited | 19.4B | 95 | 45 | 48 | 66 | 2 | 1 |
South32 Limited | 18.7B | 47 | 94 | 95 | 72 | 3 | 1 |
Mineral Resources Limited | 9.2B | 94 | 42 | 44 | 63 | 4 | 1 |
Lynas Rare Earths Limited | 8.3B | 50 | 91 | 83 | 69 | 5 | 1 |
Northern Star Resources Limited | 8.2B | 48 | 66 | 68 | 56 | 6 | 1 |
IGO Limited | 7.8B | 98 | 72 | 48 | 78 | 7 | 1 |
BlueScope Steel Limited | 7.3B | 86 | 71 | 66 | 72 | 8 | 1 |
Pilbara Minerals Limited | 6.9B | 38 | 96 | 96 | 69 | 9 | 1 |
Allkem Limited | 6.9B | 46 | 75 | 74 | 61 | 10 | 1 |
OZ Minerals Limited | 6.2B | 48 | 82 | 82 | 66 | 11 | 1 |
Evolution Mining Limited | 4.8B | 94 | 46 | 43 | 64 | 12 | 1 |
Alumina Limited | 4.4B | 87 | 73 | 76 | 79 | 13 | 1 |
OZ Minerals Holdings Pty Ltd | 4.0B | 39 | 88 | 45 | 61 | 14 | 1 |
Iluka Resources Limited | 3.9B | 50 | 62 | 89 | 60 | 15 | 1 |
Andean Resources Ltd. | 3.7B | 37 | 89 | 91 | 97 | 16 | 1 |
Coronado Global Resources Inc. | 2.9B | 39 | 98 | 97 | 74 | 17 | 1 |
Nickel Industries Limited | 2.8B | 66 | 61 | 55 | 60 | 18 | 1 |
AVZ Minerals Limited | 2.8B | 87 | 63 | 41 | 68 | 19 | 1 |
Sims Limited | 2.7B | 45 | 90 | 92 | 69 | 20 | 1 |
Zimplats Holdings Limited | 2.6B | 94 | 50 | 52 | 68 | 21 | 1 |
Liontown Resources Limited | 2.4B | 87 | 78 | 91 | 84 | 22 | 1 |
Perseus Mining Limited | 2.3B | 42 | 88 | 83 | 65 | 23 | 1 |
Deterra Royalties Limited | 2.3B | 45 | 83 | 66 | 61 | 24 | 1 |
Sandfire Resources Limited | 1.9B | 64 | 73 | 74 | 69 | 25 | 1 |
Core Lithium Ltd | 1.8B | 87 | 47 | 81 | 70 | 26 | 1 |
Chalice Mining Limited | 1.5B | 99 | 65 | 76 | 81 | 27 | 1 |
Capricorn Metals Ltd | 1.3B | 37 | 98 | 97 | 69 | 28 | 1 |
West African Resources Limited | 1.3B | 43 | 84 | 63 | 59 | 29 | 1 |
Silver Lake Resources Limited | 1.2B | 95 | 42 | 41 | 63 | 30 | 1 |
De Grey Mining Limited | 1.2B | 44 | 45 | 76 | 47 | 31 | 1 |
Gold Road Resources Limited | 1.2B | 94 | 48 | 49 | 67 | 32 | 1 |
Lake Resources NL | 1.2B | 87 | 62 | 66 | 73 | 33 | 1 |
Sayona Mining Limited | 1.2B | 87 | 62 | 66 | 73 | 34 | 1 |
Regis Resources Limited | 1.1B | 65 | 50 | 45 | 53 | 35 | 1 |
Piedmont Lithium Inc. | 1.1B | 87 | 63 | 68 | 77 | 36 | 1 |
5E Advanced Materials Inc. | 927.2M | 74 | 37 | 56 | 58 | 37 | 1 |
ioneer Ltd | 867.9M | 87 | 55 | 60 | 69 | 38 | 1 |
Syrah Resources Limited | 856.9M | 38 | 67 | 62 | 50 | 39 | 1 |
Equigold NL | 854.0M | 79 | 44 | 91 | 65 | 40 | 1 |
Ramelius Resources Limited | 828.4M | 94 | 51 | 48 | 68 | 41 | 1 |
Vulcan Energy Resources Limited | 826.7M | 87 | 67 | 84 | 78 | 42 | 1 |
Jervois Global Limited | 813.1M | 37 | 94 | 93 | 71 | 43 | 1 |
Mincor Resources NL | 808.9M | 98 | 57 | 59 | 77 | 44 | 1 |
Imdex Limited | 796.9M | 77 | 60 | 56 | 56 | 45 | 1 |
Bellevue Gold Limited | 722.0M | 87 | 44 | 83 | 69 | 46 | 1 |
St Barbara Limited | 701.5M | 93 | 56 | 53 | 70 | 47 | 1 |
Emerald Resources NL | 679.4M | 37 | 96 | 94 | 68 | 48 | 1 |
Red 5 Limited | 671.6M | 95 | 58 | 66 | 75 | 49 | 1 |
Boart Longyear Group Ltd. | 651.0M | 93 | 58 | 67 | 74 | 50 | 1 |
Mount Gibson Iron Limited | 629.5M | 99 | 62 | 66 | 78 | 51 | 1 |
Westgold Resources Limited | 575.3M | 84 | 58 | 43 | 65 | 52 | 1 |
OM Holdings Limited | 563.6M | 50 | 96 | 97 | 75 | 53 | 1 |
Australian Strategic Materials Ltd | 540.9M | 91 | 62 | 66 | 74 | 54 | 1 |
Neometals Ltd | 531.9M | 87 | 66 | 56 | 72 | 55 | 1 |
Adriatic Metals PLC | 528.8M | 87 | 62 | 66 | 73 | 56 | 1 |
Argosy Minerals Limited | 467.8M | 87 | 62 | 66 | 73 | 57 | 1 |
Perenti Global Limited | 461.4M | 73 | 81 | 87 | 78 | 58 | 1 |
Champion Iron Limited | 441.1M | 95 | 50 | 45 | 71 | 59 | 1 |
Panoramic Resources Limited | 420.4M | 95 | 50 | 62 | 71 | 60 | 1 |
Hastings Technology Metals Limited | 404.8M | 90 | 51 | 53 | 68 | 61 | 1 |
Alkane Resources Limited | 402.0M | 68 | 74 | 74 | 70 | 62 | 1 |
Centaurus Metals Limited | 397.2M | 87 | 62 | 66 | 73 | 63 | 1 |
Bowen Coking Coal Limited | 385.5M | 87 | 62 | 66 | 73 | 64 | 1 |
Jupiter Mines Limited | 372.2M | 96 | 46 | 50 | 81 | 65 | 1 |
Galan Lithium Limited | 362.2M | 87 | 62 | 66 | 73 | 66 | 1 |
Talga Group Ltd | 359.9M | 87 | 40 | 47 | 60 | 67 | 1 |
BCI Minerals Limited | 349.8M | 94 | 47 | 56 | 68 | 68 | 1 |
Metals X Limited | 344.8M | 94 | 84 | 79 | 87 | 69 | 1 |
Pantoro Limited | 330.8M | 87 | 62 | 66 | 73 | 70 | 1 |
Aurelia Metals Limited | 327.8M | 68 | 58 | 49 | 58 | 71 | 1 |
Macmahon Holdings Limited | 283.7M | 88 | 51 | 48 | 65 | 72 | 1 |
Lotus Resources Limited | 277.3M | 87 | 62 | 66 | 73 | 73 | 1 |
Firefinch Limited | 236.2M | 87 | 62 | 66 | 73 | 74 | 1 |
Andromeda Metals Limited | 229.8M | 87 | 62 | 66 | 73 | 75 | 1 |
Overall, Grange's critical cash flow metrics appear to signal strong support and a high likelihood of positive growth going forward. Free cash flow numbers published by Grange were 0.4, which was a 23.1% change from the previous filing. Companies in the same industry and market capitalization are typically affected by this parameter by up to 4.3%. The company's free cash flow metrics are especially strong compared to its peers. Management seems to balance cash flow management, asset growth, and resource allocations in general. Consequently, their free cash flow movement received a grade of 79. Also, Grange's management did a great job this period managing its capital expenditure (CapEx). In terms of the raw numbers, CapEx was reported as -41.1, which represents a -2003.8% change from the last period. This performance is all the more impressive relative to their peers and competitors. Therefore, its CapEx movement component earned a score of 76. That said, one metric, Asset Turnover, stood out as particularly concerning. Grange's asset turnover numbers were discouraging, reflecting significant concerns related to management's ability to leverage assets to generate sales effectively and efficiently. Grange recorded asset turnover of 0.8, which represents a -2.8% change from the previous report. Companies in the same sector and market capitalization will usually be affected by up to 2.7 percent by this parameter. Their lackluster asset turnover metrics, specifically in contrast to leading industry peers' performance, could present significant headwinds. Correspondingly, their asset turnover movement received a grade of 62. Because its management is doing an excellent job managing these critical metrics, the cash flow was given a score of 73.
Parameter | Value | Change | Score |
---|---|---|---|
Net Cashflow | 260.5 | 8.4% | 75 |
Capital Expenditure | -41.1 | -2003.8% | 76 |
Asset Turnover | 0.8 | -2.8% | 62 |
Free Cashflow | 0.4 | 23.1% | 79 |
The below chart describes Grange's performance as reflected on its cash flow with respect to its peers. While Grange received a cash flow score of 73, the average of its peers stands on 68.0.
Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
---|---|---|---|---|---|---|---|---|
BHP Group Limited | 208.5B | 70 | 77 | 80 | 71 | 75 | 0 | 1 |
Fortescue Metals Group Limited | 55.0B | 74 | 78 | 69 | 74 | 75 | 1 | 1 |
Newcrest Mining Limited | 19.4B | 58 | 48 | 63 | 55 | 57 | 2 | 1 |
South32 Limited | 18.7B | 72 | 86 | 82 | 75 | 78 | 3 | 1 |
Mineral Resources Limited | 9.2B | 58 | 69 | 54 | 63 | 61 | 4 | 1 |
Lynas Rare Earths Limited | 8.3B | 78 | 63 | 76 | 58 | 70 | 5 | 1 |
Northern Star Resources Limited | 8.2B | 70 | 58 | 54 | 91 | 73 | 6 | 1 |
IGO Limited | 7.8B | 80 | 73 | 66 | 57 | 72 | 7 | 1 |
BlueScope Steel Limited | 7.3B | 48 | 47 | 56 | 70 | 52 | 8 | 1 |
Pilbara Minerals Limited | 6.9B | 87 | 97 | 76 | 78 | 86 | 9 | 1 |
Allkem Limited | 6.9B | 75 | 77 | 70 | 84 | 82 | 10 | 1 |
OZ Minerals Limited | 6.2B | 69 | 97 | 66 | 73 | 78 | 11 | 1 |
Evolution Mining Limited | 4.8B | 54 | 49 | 61 | 39 | 50 | 12 | 1 |
Alumina Limited | 4.4B | 68 | 74 | 76 | 70 | 72 | 13 | 1 |
OZ Minerals Holdings Pty Ltd | 4.0B | 49 | 86 | 84 | 39 | 50 | 14 | 1 |
Iluka Resources Limited | 3.9B | 75 | 84 | 52 | 74 | 74 | 15 | 1 |
Andean Resources Ltd. | 3.7B | 40 | 55 | 56 | 37 | 41 | 16 | 1 |
Coronado Global Resources Inc. | 2.9B | 77 | 86 | 53 | 93 | 81 | 17 | 1 |
Nickel Industries Limited | 2.8B | 75 | 63 | 76 | 61 | 70 | 18 | 1 |
AVZ Minerals Limited | 2.8B | 60 | 69 | 76 | 37 | 58 | 19 | 1 |
Sims Limited | 2.7B | 83 | 98 | 56 | 82 | 82 | 20 | 1 |
Zimplats Holdings Limited | 2.6B | 75 | 77 | 63 | 44 | 64 | 21 | 1 |
Liontown Resources Limited | 2.4B | 59 | 69 | 76 | 51 | 62 | 22 | 1 |
Perseus Mining Limited | 2.3B | 69 | 94 | 90 | 83 | 83 | 23 | 1 |
Deterra Royalties Limited | 2.3B | 77 | 88 | 96 | 51 | 75 | 24 | 1 |
Sandfire Resources Limited | 1.9B | 73 | 85 | 63 | 71 | 76 | 25 | 1 |
Core Lithium Ltd | 1.8B | 61 | 69 | 76 | 72 | 69 | 26 | 1 |
Chalice Mining Limited | 1.5B | 53 | 62 | 84 | 38 | 55 | 27 | 1 |
Capricorn Metals Ltd | 1.3B | 81 | 83 | 81 | 79 | 82 | 28 | 1 |
West African Resources Limited | 1.3B | 73 | 84 | 42 | 58 | 66 | 29 | 1 |
Silver Lake Resources Limited | 1.2B | 63 | 53 | 64 | 47 | 58 | 30 | 1 |
De Grey Mining Limited | 1.2B | 80 | 69 | 76 | 61 | 73 | 31 | 1 |
Gold Road Resources Limited | 1.2B | 57 | 57 | 54 | 50 | 56 | 32 | 1 |
Lake Resources NL | 1.2B | 68 | 69 | 76 | 60 | 68 | 33 | 1 |
Sayona Mining Limited | 1.2B | 68 | 69 | 76 | 60 | 68 | 34 | 1 |
Regis Resources Limited | 1.1B | 65 | 76 | 68 | 69 | 69 | 35 | 1 |
Piedmont Lithium Inc. | 1.1B | 59 | 62 | 69 | 54 | 60 | 36 | 1 |
5E Advanced Materials Inc. | 927.2M | 55 | 48 | 71 | 71 | 61 | 37 | 1 |
ioneer Ltd | 867.9M | 47 | 57 | 54 | 51 | 51 | 38 | 1 |
Syrah Resources Limited | 856.9M | 59 | 58 | 43 | 98 | 69 | 39 | 1 |
Equigold NL | 854.0M | 91 | 69 | 72 | 84 | 87 | 40 | 1 |
Ramelius Resources Limited | 828.4M | 59 | 56 | 81 | 58 | 62 | 41 | 1 |
Vulcan Energy Resources Limited | 826.7M | 67 | 69 | 76 | 69 | 71 | 42 | 1 |
Jervois Global Limited | 813.1M | 43 | 51 | 38 | 82 | 54 | 43 | 1 |
Mincor Resources NL | 808.9M | 63 | 63 | 72 | 45 | 57 | 44 | 1 |
Imdex Limited | 796.9M | 71 | 72 | 79 | 73 | 74 | 45 | 1 |
Bellevue Gold Limited | 722.0M | 51 | 64 | 56 | 51 | 54 | 46 | 1 |
St Barbara Limited | 701.5M | 54 | 46 | 71 | 55 | 56 | 47 | 1 |
Emerald Resources NL | 679.4M | 84 | 81 | 80 | 81 | 84 | 48 | 1 |
Red 5 Limited | 671.6M | 68 | 49 | 48 | 59 | 59 | 49 | 1 |
Boart Longyear Group Ltd. | 651.0M | 62 | 74 | 81 | 63 | 68 | 50 | 1 |
Mount Gibson Iron Limited | 629.5M | 68 | 69 | 59 | 56 | 64 | 51 | 1 |
Westgold Resources Limited | 575.3M | 59 | 69 | 71 | 59 | 63 | 52 | 1 |
OM Holdings Limited | 563.6M | 75 | 90 | 90 | 75 | 82 | 53 | 1 |
Australian Strategic Materials Ltd | 540.9M | 72 | 69 | 76 | 69 | 72 | 54 | 1 |
Neometals Ltd | 531.9M | 62 | 54 | 71 | 52 | 60 | 55 | 1 |
Adriatic Metals PLC | 528.8M | 68 | 69 | 76 | 60 | 68 | 56 | 1 |
Argosy Minerals Limited | 467.8M | 68 | 69 | 76 | 60 | 68 | 57 | 1 |
Perenti Global Limited | 461.4M | 61 | 69 | 54 | 78 | 67 | 58 | 1 |
Champion Iron Limited | 441.1M | 56 | 69 | 51 | 49 | 55 | 59 | 1 |
Panoramic Resources Limited | 420.4M | 69 | 69 | 79 | 54 | 67 | 60 | 1 |
Hastings Technology Metals Limited | 404.8M | 65 | 68 | 74 | 57 | 67 | 61 | 1 |
Alkane Resources Limited | 402.0M | 69 | 58 | 68 | 71 | 68 | 62 | 1 |
Centaurus Metals Limited | 397.2M | 68 | 69 | 76 | 60 | 68 | 63 | 1 |
Bowen Coking Coal Limited | 385.5M | 68 | 69 | 76 | 60 | 68 | 64 | 1 |
Jupiter Mines Limited | 372.2M | 51 | 51 | 84 | 44 | 50 | 65 | 1 |
Galan Lithium Limited | 362.2M | 68 | 69 | 76 | 60 | 68 | 66 | 1 |
Talga Group Ltd | 359.9M | 53 | 48 | 76 | 70 | 62 | 67 | 1 |
BCI Minerals Limited | 349.8M | 62 | 54 | 76 | 49 | 60 | 68 | 1 |
Metals X Limited | 344.8M | 70 | 81 | 72 | 55 | 68 | 69 | 1 |
Pantoro Limited | 330.8M | 68 | 69 | 76 | 60 | 68 | 70 | 1 |
Aurelia Metals Limited | 327.8M | 72 | 58 | 54 | 49 | 60 | 71 | 1 |
Macmahon Holdings Limited | 283.7M | 72 | 53 | 46 | 57 | 62 | 72 | 1 |
Lotus Resources Limited | 277.3M | 68 | 69 | 76 | 60 | 68 | 73 | 1 |
Firefinch Limited | 236.2M | 68 | 69 | 76 | 60 | 68 | 74 | 1 |
Andromeda Metals Limited | 229.8M | 68 | 69 | 76 | 60 | 68 | 75 | 1 |
This report is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used or considered as financial or investment advice, a solicitation of any offer, a recommendation, or an offer to sell or buy any securities or other form of a financial asset. For the full disclaimer, click here.