An Iron Ore miner that is coming back into the spotlight as buyers step in

Potential Buy Entry Alert GRR

Time Frame : Weekly

Sector : Materials

Key Stats : $208.32 Million Market Cap, VWAP 0.18, ASX Ranking 540, PE Ratio 3.4, Dividend Yield 8.33%.

 

GRR – Grange Resources Limited

GRR is an Iron Ore miner based in Tasmania that is seeing buying interest step back in after a long time out of the spotlight. We see price slowly building and want to see a higher low hold for further evidence that buyers are entering to support price. One to keep on the watchlist.

 

Stock Code : GRR – Grange Resources Limited

Company Website : www.grangeresources.com.au

Current Price : 0.18

Status : On watch for buy entry trigger