Grangex AB (STO:GRANGX)

Sweden flag Sweden · Delayed Price · Currency is SEK
62.50
-1.50 (-2.34%)
May 7, 2026, 5:29 PM CET
Market Cap879.59M +592.7%
Revenue (ttm)24.31M -15.4%
Net Income-83.26M
EPS-5.93
Shares Out14.07M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volumen/a
Average Volume56,361
Open64.60
Previous Close64.00
Day's Range60.50 - 65.90
52-Week Range8.58 - 80.60
Beta-0.14
RSI45.06
Earnings DateMay 15, 2026

About Grangex AB

Grangex AB engages in the exploration, identification, evaluation, and development of mineral projects in Sweden and Norway. It explores for iron ore, magnetite, apatite, phosphate, and lead deposits. The company was formerly known as Grängesberg Exploration Holding AB (publ) and changed its name to Grangex AB in May 2023. Grangex AB was incorporated in 2006 and is headquartered in Stockholm, Sweden. [Read more]

Industry Industrial Materials
Sector Materials
Founded 2006
Employees 40
Stock Exchange Nasdaq Stockholm
Ticker Symbol GRANGX
Full Company Profile

Financial Performance

In 2025, Grangex AB's revenue was 24.31 million, a decrease of -15.38% compared to the previous year's 28.73 million. Losses were -83.26 million, -51.03% less than in 2024.

Financial Statements

News

Grangex AB Transcript: Stora Aktiedagarna 2026

Sydvaranger’s restart targets the rare DR grade iron ore market, crucial for green steel, with rapid ramp-up, robust financing, and a 25-year offtake to Anglo American. The project is set to be cash flow positive in 2026, with strong local integration and minimal market risk.

2 months ago - Transcripts

Grangex AB Transcript: Investor Update

The Sydvaranger Restart Project’s Definitive Feasibility Study confirms a $1.5 billion NPV, 25-year mine life, and early cash flow, with all permits secured and robust ESG measures in place. Upgrades and optimizations have improved costs, extended resources, and positioned the project for imminent financing and execution.

8 months ago - Transcripts

Grangex AB Transcript: Investor Update

Sydvaranger's PEA reveals a $1.2 billion NPV, 19-year mine life, and strong regional impact. Backed by Anglo American's partnership and offtake, the project targets ultra-high-grade iron ore for green steel, with production set for early 2027 and a feasibility study due in July.

1 year ago - Transcripts