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VAN

Vango MiningASX:VAN Stock Report

Market Cap

AU$70.3m

7D

6.3%

1Y

-33.0%

Updated

22 Oct, 2021

Data

Company Financials
VAN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

VAN Overview

Vango Mining Limited engages in the exploration and evaluation of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Vango Mining
Historical stock prices
Current Share PriceAU$0.067
52 Week HighAU$0.051
52 Week LowAU$0.10
Beta-0.61
1 Month Change6.35%
3 Month Change0%
1 Year Change-33.00%
3 Year Change-62.78%
5 Year Change31.37%
Change since IPO-98.94%

Recent News & Updates

Shareholder Returns

VANAU Metals and MiningAU Market
7D6.3%-0.3%0.7%
1Y-33.0%12.5%21.4%

Return vs Industry: VAN underperformed the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: VAN underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is VAN's price volatile compared to industry and market?
VAN volatility
VAN Beta-0.61
Industry Beta0.97
Market Beta1

Stable Share Price: VAN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: VAN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aSteve Clynkhttps://www.vangomining.com

Vango Mining Limited engages in the exploration and evaluation of mineral properties in Australia. Its flagship property is the 100% owned Maymia gold project located in the Yilgarn block of Western Australia. The company was formerly known as Ord River Resources Limited and changed its name to Vango Mining Limited in November 2014.

Vango Mining Fundamentals Summary

How do Vango Mining's earnings and revenue compare to its market cap?
VAN fundamental statistics
Market CapAU$70.35m
Earnings (TTM)-AU$4.81m
Revenue (TTM)AU$279.36k

268.0x

P/S Ratio

-15.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VAN income statement (TTM)
RevenueAU$279.36k
Cost of RevenueAU$0
Gross ProfitAU$279.36k
ExpensesAU$5.09m
Earnings-AU$4.81m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0044
Gross Margin100.00%
Net Profit Margin-1,723.21%
Debt/Equity Ratio0.0%

How did VAN perform over the long term?

See historical performance and comparison

Valuation

Is Vango Mining undervalued compared to its fair value and its price relative to the market?

1.69x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate VAN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate VAN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: VAN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: VAN is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VAN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VAN is good value based on its PB Ratio (1.7x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Vango Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vango Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Vango Mining performed over the past 5 years?

-12.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VAN is currently unprofitable.

Growing Profit Margin: VAN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VAN is unprofitable, and losses have increased over the past 5 years at a rate of 12.3% per year.

Accelerating Growth: Unable to compare VAN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VAN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: VAN has a negative Return on Equity (-11.05%), as it is currently unprofitable.


Financial Health

How is Vango Mining's financial position?


Financial Position Analysis

Short Term Liabilities: VAN's short term assets (A$6.5M) exceed its short term liabilities (A$4.2M).

Long Term Liabilities: VAN's short term assets (A$6.5M) do not cover its long term liabilities (A$9.2M).


Debt to Equity History and Analysis

Debt Level: VAN is debt free.

Reducing Debt: VAN has no debt compared to 5 years ago when its debt to equity ratio was 40.3%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: VAN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VAN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.5% each year


Dividend

What is Vango Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VAN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VAN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VAN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VAN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

Steve Clynk

1.75yrs

Tenure

Mr. Stephen Clynk also known as Steve serves as Chief Executive Officer at Vango Mining Limited since January 20, 2020. He was Head of Strategy at Vango Mining Limited. Mr. Clynk has experience in strategi...


Leadership Team

Experienced Management: VAN's management team is considered experienced (4.4 years average tenure).


Board Members

Experienced Board: VAN's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.6%.


Top Shareholders

Company Information

Vango Mining Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Vango Mining Limited
  • Ticker: VAN
  • Exchange: ASX
  • Founded: 2004
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$70.347m
  • Shares outstanding: 1.10b
  • Website: https://www.vangomining.com

Location

  • Vango Mining Limited
  • Aurora Place, Building 1
  • Level 29
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:06
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.