Vango Mining Limited engages in the exploration and evaluation of mineral properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.067|
|52 Week High||AU$0.051|
|52 Week Low||AU$0.10|
|1 Month Change||6.35%|
|3 Month Change||0%|
|1 Year Change||-33.00%|
|3 Year Change||-62.78%|
|5 Year Change||31.37%|
|Change since IPO||-98.94%|
Recent News & Updates
|VAN||AU Metals and Mining||AU Market|
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.
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
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
|VAN fundamental statistics|
Is VAN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VAN income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0044|
|Net Profit Margin||-1,723.21%|
How did VAN perform over the long term?See historical performance and comparison
Is Vango Mining undervalued compared to its fair value and its price relative to the market?
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).
How is Vango Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Vango Mining performed over the past 5 years?
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.
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%.
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
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management 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...
Experienced Management: VAN's management team is considered experienced (4.4 years average tenure).
Experienced Board: VAN's board of directors are considered experienced (3.4 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.6%.
Vango Mining Limited's employee growth, exchange listings and data sources
- 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
- Vango Mining Limited
- Aurora Place, Building 1
- Level 29
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:06|
|End of Day Share Price||2021/10/22 00:00|
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.