GNG Shares GR Engineering Services Limited
ASX · ASXLast in our picks 2026-10-23 — not in the current list; analysis below is from that screen
Mining-services contractor with repeated contract wins, earnings growth, and strong recent momentum.
Future value: $5.85 (-6.40%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Multiple 2026 project wins drove fresh highs.
- ▾Below 50-day MA (-11.21%)
- ▸Above 200-day MA — long-term uptrend
- ▸Volume 1.68× average — accumulation
- ▾Trading above its price target — limited upside
Is GNG a buy right now?
Trend: GNG is trading below the 50-day average (-9.22%), RSI 56 — neutral momentum, with a 3-month return of +16.36%.
Valuation & quality: GR Engineering Services Limited trades on a trailing P/E of 27.8, forward P/E 20.4, price-to-book 14.22; fundamentals show net margin 7.9%, return on equity 53.7%, revenue growth 33.0% year on year.
Analyst consensus: 1 analysts have a mean 12-month price target of A$5.85 (-8.6% vs the last close; range A$5.85 – A$5.85), consensus rating “none”.
Income: trailing dividend yield 4.16%.
Our screen: BUY (score 2) — Mining-services contractor with repeated contract wins, earnings growth, and strong recent momentum.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -16.80% | +7.10% | +29.00% | -8.90% | +7.30% | +15.60% | +16.50% | -16.70% |
Fundamentals
Analyst price target
Technical signals
About GR Engineering Services Limited
GR Engineering Services Limited provides engineering, process control, automation, and construction services to the mining and mineral processing industries in Australia and internationally. The company operates through Mineral Processing and Oil & Gas segments.
Sector: Basic Materials · Industry: Other Industrial Metals & Mining · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.