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Bellevue Gold Limited ( (AU:BGL) ) has provided an update.
Bellevue Gold Limited has issued 9,732 new ordinary fully paid shares following the exercise or conversion of previously unquoted options or other unquoted convertible securities. The modest equity issuance slightly increases the company’s share capital and reflects ongoing conversion of incentive or financing-related securities, with limited immediate dilution for existing shareholders but incremental progress in crystallising previously unquoted equity into listed stock.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
More about Bellevue Gold Limited
Bellevue Gold Limited is an Australian gold exploration and development company listed on the ASX under the code BGL. The company is focused on advancing and operating gold projects, positioning itself within the precious metals sector and targeting investors seeking exposure to gold production and development in Australia.
Average Trading Volume: 11,251,961
Technical Sentiment Signal: Buy
Current Market Cap: A$2.65B
For a thorough assessment of BGL stock, go to TipRanks’ Stock Analysis page.