Grange Resources (GRR.AX) Stock Price

Grange Resources Price

ASX·CLOSED
0.14AUD-0.0050 (-3.64 %)
Market closed

Over the last 19 years Grange Resources grew revenue by 22.9% annually, reaching 520.81 M AUD. Earnings per share have grown at 6.6% per year over the last 19 years. For Grange Resources, the net margin of 11.2% is down versus 38.8% a few years ago. At today's price the dividend yield works out to roughly 26.46%. The payout ratio is around 71% of earnings. The dividend has grown at 4.6% per year over the past 13 years.

Grange Resources stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Grange Resources over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Grange Resources stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Grange Resources's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Grange Resources Stock Price History
DateGrange Resources Price
8/7/20260.14 AUD
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Access this data via the Eulerpool API

Grange Resources Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2017
247.88 M AUD
70.68 M AUD
60.71 M AUD
Jan 1, 2018
368.20 M AUD
124.08 M AUD
113.33 M AUD
Jan 1, 2019
368.60 M AUD
75.61 M AUD
77.66 M AUD
Jan 1, 2020
526.32 M AUD
224.55 M AUD
204.18 M AUD
Jan 1, 2021
781.66 M AUD
436.88 M AUD
322.26 M AUD
Jan 1, 2022
594.56 M AUD
234.53 M AUD
171.74 M AUD
Jan 1, 2023
614.74 M AUD
199.67 M AUD
150.10 M AUD
Jan 1, 2024
520.81 M AUD
61.02 M AUD
58.55 M AUD

Grange Resources Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 8, 2026, 10:39 PM
 
REVENUEM AUD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM AUD
EBITM AUD
EBIT MARGIN%
NET INCOMEM AUD
NET INCOME GROWTH%
DIV.AUD
DIV. GROWTH%
SHARESB
2009201020112012201320142015201620172018201920202021202220232024
229.00193.00410.00331.00281.00297.00205.00276.00247.00368.00368.00526.00781.00594.00614.00520.00
-35.67-15.72112.44-19.27-15.115.69-30.9834.63-10.5148.9942.9348.48-23.943.37-15.31
-4.8032.6438.5410.8810.3237.0432.6837.3229.1534.2421.4743.1656.4743.2735.1812.88
-11.0063.00158.0036.0029.00110.0067.00103.0072.00126.0079.00227.00441.00257.00216.0067.00
-17.0060.00153.0030.0025.00103.0061.0094.0070.00124.0075.00224.00436.00234.00199.0061.00
-7.4231.0937.329.068.9034.6829.7634.0628.3433.7020.3842.5955.8339.3932.4111.73
42.0085.00216.0035.0025.00-110.00-277.0092.0060.00113.0077.00204.00322.00171.00150.0058.00
-51.16102.38154.12-83.80-28.57-540.00151.82-133.21-34.7888.33-31.86164.9457.84-46.89-12.28-61.33
0.040.040.020.020.020.010.010.030.030.030.200.170.060.04
-50.00-50.00200.00566.67-15.00-64.71-33.33
1.081.151.151.161.161.161.161.161.161.161.161.161.161.161.161.16
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Grange Resources generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Grange Resources retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Grange Resources's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Grange Resources has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Grange Resources's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Grange Resources stock margins

The Grange Resources margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Grange Resources. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Grange Resources.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
29.21 %
28.51 %
24.49 %
Jan 1, 2018
34.27 %
33.70 %
30.78 %
Jan 1, 2019
21.46 %
20.51 %
21.07 %
Jan 1, 2020
43.22 %
42.66 %
38.79 %
Jan 1, 2021
56.52 %
55.89 %
41.23 %
Jan 1, 2022
43.33 %
39.45 %
28.88 %
Jan 1, 2023
35.21 %
32.48 %
24.42 %
Jan 1, 2024
12.93 %
11.72 %
11.24 %

Grange Resources Stock Revenue, EBIT, Earnings per Share

The Grange Resources earnings per share therefore indicates how much revenue Grange Resources has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
0.21 AUD
0.06 AUD
0.05 AUD
Jan 1, 2018
0.32 AUD
0.11 AUD
0.10 AUD
Jan 1, 2019
0.32 AUD
0.07 AUD
0.07 AUD
Jan 1, 2020
0.45 AUD
0.19 AUD
0.18 AUD
Jan 1, 2021
0.68 AUD
0.38 AUD
0.28 AUD
Jan 1, 2022
0.51 AUD
0.20 AUD
0.15 AUD
Jan 1, 2023
0.53 AUD
0.17 AUD
0.13 AUD
Jan 1, 2024
0.45 AUD
0.05 AUD
0.05 AUD

Grange Resources business model & stock analysis

Grange Resources Ltd is an Australian company specializing in the extraction and processing of iron ore. It was founded in 2000 by a man named Hamish Bohannan, who is an experienced entrepreneur in the mining industry. The company started its operations in 2003 and opened its first mine near Tasmania. Since then, Grange Resources Ltd has increased its production and become a major player in the iron ore industry. The company's business model is based on the sale of iron ore and its derivatives. It currently operates three mines in Australia and has its own refinery. Each mine specializes in a specific type of iron ore and the refinery processes ore from other mines. Grange Resources Ltd offers a range of products and services related to iron ore processing, including high-quality iron ore, iron derivatives, and various consulting and logistical support services for customers. In conclusion, Grange Resources Ltd is a reputable company in the iron ore industry, focused on providing high-quality products and services to its customers.

Grange Resources SWOT Analysis

Strengths

Grange Resources Ltd has a strong market position in the mining industry, particularly in the production of iron ore.

The company has an established reputation for delivering high-quality products and has developed strong relationships with its customers.

Grange Resources Ltd has a diverse portfolio of mining assets, providing a stable revenue stream.

Weaknesses

The company's overreliance on the iron ore market leaves it vulnerable to fluctuations in demand and price volatility.

Grange Resources Ltd may face challenges in managing its environmental impact and complying with regulatory requirements in the mining sector.

There is a risk of labor disputes and potential disruptions in the supply chain, leading to production delays or increased costs.

Opportunities

Grange Resources Ltd can explore the possibility of expanding its product portfolio to include other minerals or metals, diversifying its revenue streams.

Investing in research and development can help the company improve its mining techniques, leading to increased efficiency and cost savings.

With the global shift towards renewable energy, there may be opportunities for Grange Resources Ltd to supply minerals needed for clean energy technologies.

Threats

The mining industry is subject to various geopolitical and economic risks, such as trade disputes, changes in government policies, and economic downturns.

Increasing competition from other mining companies, particularly in emerging markets, may impact the company's market share and profitability.

Fluctuations in currency exchange rates can affect the company's international competitiveness and profitability.

Grange Resources Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Grange Resources historical P/E ratio, EBIT multiple, and P/S ratio

Grange Resources annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Grange Resources shares outstanding

  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
1.16 B Stocks
Jan 1, 2018
1.16 B Stocks
Jan 1, 2019
1.16 B Stocks
Jan 1, 2020
1.16 B Stocks
Jan 1, 2021
1.16 B Stocks
Jan 1, 2022
1.16 B Stocks
Jan 1, 2023
1.16 B Stocks
Jan 1, 2024
1.16 B Stocks

Grange Resources stock splits

In Grange Resources's history, there have been no stock splits.

Grange Resources Dividend History

14 years of dividend payments

YearAnnual DividendYoY ChangePayments
20240.04AUD 25.0%
20230.03AUD 83.3%
20220.17AUD 14.3%
20210.20AUD 600.0%
20200.03AUD 0.0%
20190.03AUD 0.0%
20180.03AUD 300.0%
20170.01AUD 0.0%
20160.01AUD 28.6%
20150.01AUD 0.0%

Grange Resources dividend payout ratio

  • 3 Years

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2017
13.61 %
Jan 1, 2018
29.18 %
Jan 1, 2019
42.58 %
Jan 1, 2020
16.20 %
Jan 1, 2021
71.84 %
Jan 1, 2022
115.52 %
Jan 1, 2023
22.05 %
Jan 1, 2024
70.72 %
Price targets and forecasts for Grange Resources are not yet available.

EESG©

Eulerpool ESG Scorecard© for the Grange Resources stock

40/100
35
Environment
38
Social
46
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees14
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Grange Resources shareholder structure

% Name
1.42583%
DFA Australia Ltd.
DFA Australia Ltd.
0.13924%
Dimensional Fund Advisors, Ltd.
Dimensional Fund Advisors, Ltd.
0.08992%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
0.01368%
Grantham Mayo Van Otterloo & Co LLC
Grantham Mayo Van Otterloo & Co LLC
0.00000%
Vanguard Investments Australia Ltd.
Vanguard Investments Australia Ltd.

Grange Resources Beneficial Ownership Filings (SEC 13D/G)

Free Float
47.3%
Float Shares
-
Shares Outstanding
-

Grange Resources Executives and Management Board

11 members · 18 % women

BM

Mr. Ben Maynard

Chief Operating Officer · since 2021

754,489.00 AUD

Management

SP

Mr. Steven Phan

Chief Financial Officer

620,845.00 AUD
GB

Mr. Grant Bramich

General Manager - Operations

415,550.00 AUD
WW

Mr. Weidong Wang

Chief Executive Officer

285,185.00 AUD
PL

Mr. Piers Lewis

Company Secretary

Board of Directors

CX

Mr. Chongtao Xu

Executive Director · since 2023

311,912.00 AUD
ML

Dr. Michelle Li

Non-Executive Independent Chairperson of the Board

210,000.00 AUD
AS

Mr. Ajanth Saverimutto

Non-Executive Independent Director

91,500.00 AUD
TS

Ms. Tianxiao Shen

Non-Executive Director

87,604.00 AUD
FH

Mr. Fong Hoon

Non-Executive Independent Director

78,244.00 AUD
JJ

Mr. Jiajia Jiang

Non-Executive Director

30,509.00 AUD

Grange Resources Supply Chain

Grange Resources Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
4 companies
#NameTrend
1
Sojitz
Supplier·Customer·Trading Companies & Distributors·JP
0.83
0.42
0.03
0.77
0.66
0.85
2
Vedanta
Supplier·Customer·IN
0.18
-0.06
-0.17
0.42
0.60
0.85
3
Magic Software Enterpr
Supplier·Software·IL
0.01
0.32
-0.62
-0.84
-0.56
0.42
4
Kobe Steel
Supplier·Customer·Metals & Mining·JP
-0.18
-0.10
-0.36
-0.01
-0.60
0.41

Frequently asked questions about Grange Resources

Grange Resources Ltd is an Australian company that operates in the mining and exploration industry. The business model of Grange Resources revolves around the production and sale of iron ore products. The company primarily focuses on the development and operation of the Savage River magnetite iron ore mine in Tasmania. Grange Resources also engages in iron ore pellet production and shipping activities. With a strong emphasis on sustainable mining practices, Grange Resources aims to maximize its iron ore reserves and deliver high-quality products to global steel markets. This business model positions Grange Resources as a prominent player in the iron ore industry, contributing to its growth and success.

Grange Resources Ltd is primarily active in the mining industry.

The main competitors of Grange Resources Ltd in the market are other iron ore mining companies such as BHP Group, Rio Tinto, and Fortescue Metals Group.

Grange Resources Ltd is an Australian mining company specializing in the production and export of iron ore pellets. Established in 2004, Grange Resources Ltd has developed a strong presence in the mining industry, focusing on sustainable and responsible practices. With its primary operations located in Tasmania, the company operates the Savage River magnetite iron ore mine, which has a significant reserve of high-quality iron ore. Grange Resources Ltd has successfully built a reputation for delivering consistent, high-grade iron ore products to global markets, contributing to the growth and development of the iron and steel industry.

Grange Resources Ltd has accomplished several significant milestones over the years. The company successfully achieved a major breakthrough when it commenced iron ore pellet production in 2007. Since then, Grange Resources Ltd has consistently expanded its operations and improved its production capabilities. In 2011, the company achieved a record annual production of iron ore pellets, demonstrating its commitment to growth and excellence in the industry. Furthermore, Grange Resources Ltd has actively engaged in sustainable practices, including environmental management and community engagement, reinforcing its position as a responsible and ethical mining company. Overall, Grange Resources Ltd has achieved notable advancements and continuous growth in the iron ore industry.

Grange Resources Ltd is primarily present in Australia, as it is an Australian-based company. It operates iron ore mining and pellet production facilities in the region. The company's primary mining operations are located in the Tarkine region of Tasmania, where it extracts and processes high-quality iron ore. Grange Resources Ltd also has a strong presence in the Asia-Pacific region, exporting its products to various countries, including China, Japan, and South Korea. With a focus on sustainable mining practices and efficient production, Grange Resources Ltd continues to contribute to the growth of the iron ore industry and economic development in these regions.

Grange Resources Ltd represents values of integrity, sustainability, and responsible mining practices. With a corporate philosophy focused on delivering long-term value, Grange Resources Ltd prioritizes community engagement, environmental stewardship, and employee safety. The company's commitment to sustainability is reflected in its efforts to minimize waste generation, reduce greenhouse gas emissions, and conserve natural resources. Grange Resources Ltd also believes in fostering positive relationships with stakeholders, including local communities, shareholders, and business partners. Through its dedication to ethical practices and sustainable growth, Grange Resources Ltd sets itself apart in the mining industry.

Converted at the current exchange rate, the Grange Resources share trades at 0.08 EUR (0.14 AUD).

The Grange Resources share (GRR.AX) is listed on 6 stock exchanges, including: Frankfurt (GRR.F), München (GRR.MU), Düsseldorf (GRR.DU), Hamburg (GRR.HM), ASX (GRR.AX).

Grange Resources Ltd is an Australian company specializing in the exploration and development of iron ore deposits. The company's business model is based on the production of high-quality iron ore and maximizing yields through production efficiency and the development of new deposits. The company operates two main business segments: the exploration and development of iron ore deposits and the production of iron ore concentrate. In the field of exploration and development of iron ore deposits, Grange Resources works on several projects in Australia, including the Savage River Mine in Tasmania. The company utilizes advanced technologies such as geochemistry, geophysics, and drilling, and conducts extensive studies to assess mineralization and geological structures and determine the potential of the deposits. The production of iron ore concentrate takes place at the Savage River Mine, where the company produces high-quality iron ore concentrate using state-of-the-art technologies and processes. The concentrate has an iron content of up to 65% and is distributed worldwide. To drive production efficiency, Grange Resources has undertaken a series of initiatives, including programs to improve product quality, reduce production costs, and increase production volume. The company places great emphasis on innovative technologies and strategically utilizes them to achieve its goals. In addition to the production of iron ore concentrate, Grange Resources also operates other business segments. For example, the company also offers consulting services in the areas of exploration, prospecting, and environmental management, and participates in joint ventures and investment projects. Grange Resources has established itself as one of the leading producers of high-quality iron ore through its innovative technologies and extensive studies. The company aims for further growth and is committed to expanding its business activities to other regions and business segments. The company places great emphasis on sustainability and takes its social responsibility in the regions where it operates very seriously. Overall, Grange Resources offers a wide range of products and services in the field of iron ore mining and production. The company aims to expand its position as a leading producer of high-quality iron ore and expand its business activities to other regions of the world. With its innovative technology and environmentally friendly approaches, Grange Resources stands for sustainability and social responsibility.

The revenue cannot currently be calculated for Grange Resources.

The profit cannot currently be calculated for Grange Resources.

The P/E ratio cannot be calculated for Grange Resources at the moment.

The P/S cannot be calculated for Grange Resources currently.

The Eulerpool Quality Score for Grange Resources is 2/10.

The ISIN of Grange Resources is AU000000GRR8. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Grange Resources is 917447. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Grange Resources is GRR.AX. The ticker symbol is used to trade Grange Resources shares on the stock exchange.

Over the past 12 months, Grange Resources paid a dividend of 0.04 AUD . This corresponds to a dividend yield of about 26.46 %. For the coming 12 months, Grange Resources is expected to pay a dividend of 0.04 AUD.

The current dividend yield of Grange Resources is 26.46 %.

Grange Resources pays a dividend, distributed in the months of , , , .

Grange Resources paid dividends every year for the past 0 years.

For the upcoming 12 months, dividends amounting to 0.04 AUD are expected. This corresponds to a dividend yield of 26.46 %.

Grange Resources is assigned to the 'Commodities' sector.

To receive the latest dividend of Grange Resources from amounting to 0.01 AUD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Grange Resources distributed 0.03 AUD as dividends.

The dividends of Grange Resources are distributed in AUD.