Vango Mining (ASX:VAN) Shares Up 3.2%

Vango Mining Ltd (ASX:VAN) rose 3.2% during mid-day trading on Wednesday . The company traded as high as A$0.16 ($0.11) and last traded at A$0.16 ($0.11), approximately 146,065 shares were traded during trading. A decline of 67% from the average daily volume of 437,416 shares. The stock had previously closed at A$0.16 ($0.11).

The company has a debt-to-equity ratio of 147.60, a current ratio of 0.07 and a quick ratio of 0.05. The stock has a market cap of $100.55 million and a P/E ratio of -11.43. The company’s 50 day simple moving average is A$0.17 and its 200 day simple moving average is A$0.17.

About Vango Mining (ASX:VAN)

Vango Mining Limited explores for and develops gold deposits in Australia and Laos. Its flagship property is the Plutonic Dome gold project that consists of mineral titles covering an area of approximately 400 square kilometers in Western Australia. The company, through its 49% joint venture interest in Sino Australian Resources (Laos) Co Ltd, also engages in exploring bauxite resources in the Bolaven Plateau in southern Laos.

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