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Bellevue Gold Limited
(Sydney:BGL)
Bellevue Gold Limited (BGL) vs. iShares MSCI Australia ETF (EWA)
Bellevue Gold Limited Business Overview & Revenue Model
Bellevue Gold Limited Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 471.68M | 298.41M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 132.45M | 109.22M | -1.57M | -1.07M | -841.00K | -307.00K |
| EBITDA | 147.61M | 111.19M | -22.99M | -16.52M | -11.95M | -5.38M |
| Net Income | 85.29M | 75.42M | -24.79M | -17.77M | -12.24M | -5.69M |
Balance Sheet | ||||||
| Total Assets | 1.03B | 934.75M | 629.65M | 369.62M | 242.00M | 106.74M |
| Cash, Cash Equivalents and Short-Term Investments | 79.45M | 48.69M | 64.72M | 117.47M | 94.09M | 29.24M |
| Total Debt | 243.57M | 307.76M | 130.23M | 1.01M | 1.11M | 0.00 |
| Total Liabilities | 309.24M | 375.11M | 202.11M | 19.09M | 21.33M | 11.23M |
| Stockholders Equity | 719.67M | 559.64M | 427.55M | 350.52M | 220.68M | 95.51M |
Cash Flow | ||||||
| Free Cash Flow | 39.79M | -96.63M | -262.99M | -111.49M | -67.80M | -39.75M |
| Operating Cash Flow | 231.95M | 113.96M | -13.28M | -8.86M | -5.55M | -3.70M |
| Investing Cash Flow | -192.16M | -217.34M | -249.72M | -102.71M | -57.37M | -40.44M |
| Financing Cash Flow | -4.56M | 87.34M | 210.22M | 137.36M | 133.14M | 48.62M |
Bellevue Gold Limited Technical Analysis
Bellevue Gold Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $2.90B | 8.19 | 26.42% | 3.61% | 54.37% | 310.22% | |
76 Outperform | $3.55B | 24.81 | 13.42% | 0.92% | 11.93% | 22.74% | |
75 Outperform | $26.17B | 22.19 | 11.01% | 2.73% | 25.11% | 28.88% | |
72 Outperform | AU$15.10B | 21.84 | 16.97% | 1.84% | 60.56% | 302.20% | |
59 Neutral | $1.36B | 41.67 | -5.02% | ― | 27.79% | -144.05% | |
54 Neutral | AU$1.33B | 12.36 | 14.70% | ― | 861.38% | ― | |
43 Neutral | AU$1.38B | -6.10 | -40.62% | 4.17% | -4.78% | -43.21% |
Bellevue Gold Limited Corporate Events
Bellevue Gold Limited has released a presentation for an investor site visit, emphasizing that the document is for informational purposes only and not an investment offer. The presentation outlines the company’s activities and current status, while disclaiming any responsibility for errors or omissions in the information provided.
Van Eck Associates Corporation has reduced its voting power in Bellevue Gold Limited from 6.56% to 5.49%, indicating a decrease in its substantial holding. This change in interest may impact Bellevue Gold’s shareholder dynamics and could influence the company’s market perception and investor relations.
Bellevue Gold Limited’s latest quarterly cash flow report reveals a net cash inflow from operating activities, indicating a positive operational performance. However, the company experienced a significant cash outflow in investing activities, primarily due to expenditures on property, plant, equipment, and mine properties in development, which may impact its short-term liquidity.
Bellevue Gold Limited announced its March 2025 quarterly report, highlighting a total gold production of 25,146 ounces and sales of 25,775 ounces at an average price of A$3,259 per ounce. Despite encountering lower-than-expected ore grades due to mining dilution and stope performance issues, the company has undertaken an operational review to enhance cash flow and reduce capital costs. Bellevue aims to increase production in the June 2025 quarter to 40,000-45,000 ounces and has revised its annual guidance to 129,000-134,000 ounces. The company completed a $156.5 million capital raising to close out hedge contracts and strengthen its balance sheet, with a focus on maximizing shareholder value through strategic reviews.
Bellevue Gold Limited has announced that The Vanguard Group, Inc. and its controlled entities have ceased to be substantial holders in the company as of April 17, 2025. This change in substantial holding indicates a reduction in Vanguard’s voting power to 4.851%, which could impact Bellevue Gold’s shareholder dynamics and influence within the market.
Bellevue Gold Limited has experienced a change in the interests of its substantial holder, Yarra Capital Management Limited and its associated entities. The voting power of these entities has increased from 5.25% to 6.5692% as a result of recent acquisitions and disposals of shares. This change in substantial holding may influence the company’s governance and decision-making processes, potentially impacting its strategic direction and stakeholder interests.
Bellevue Gold Limited has announced the closure of $110.8 million in near-term forward gold sale contracts, impacting its financial strategy by allowing gold production to be delivered into the spot market until December 2025. This move is expected to significantly increase free cash flow, strengthening the company’s balance sheet and providing improved capital management options, while the remaining hedge contracts will be managed according to their maturity dates.
Bellevue Gold Limited has announced the application for the quotation of 184,064,266 fully paid ordinary securities on the Australian Securities Exchange (ASX), scheduled for issue on April 22, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial position and liquidity, potentially impacting its market presence and stakeholder interests positively.
Bellevue Gold Limited announced the issuance of 8,500,000 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code BGL. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and supporting its ongoing development projects.
Bellevue Gold Limited has announced a proposed issue of securities, specifically a non-pro rata offer under a disclosure document or product disclosure statement. This move is part of their strategy to raise capital, potentially impacting their operational capabilities and market positioning, as they continue to develop their gold resources.
Bellevue Gold Limited has issued a Cleansing Prospectus to offer up to 10 shares at $1.40 each, aimed at raising $14. This move is intended to remove trading restrictions on the sale of shares issued by the company, reflecting a strategic step to enhance liquidity and marketability of its shares. The prospectus is a transaction-specific document, highlighting that the shares are speculative and available only to selected investors, emphasizing the company’s compliance with regulatory requirements.
Bellevue Gold Limited’s trading suspension has been lifted as of April 15, 2025, following the release of key announcements regarding its FY25 production guidance update and a capital raising effort. This development is expected to have significant implications for the company’s operational momentum and financial health, potentially enhancing its market position and stakeholder confidence.
Bellevue Gold Limited has announced a proposed issue of 8,500,000 fully paid ordinary securities, with the issue date set for April 22, 2025. This move is part of a placement or other type of issue, which could potentially impact the company’s capital structure and market positioning by increasing its available capital for operations or expansion.
Bellevue Gold Limited announced the cessation of 222,330 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders regarding the company’s performance metrics and future strategic directions.
Bellevue Gold Limited has announced a continuation of the suspension of its securities from quotation on the ASX. This suspension follows the company’s failure to lodge its FY25 production guidance update as anticipated, impacting its compliance with ASX Listing Rules. The suspension will remain until Bellevue Gold meets the necessary compliance requirements, affecting stakeholders’ ability to trade its securities.
Bellevue Gold Limited has announced an update regarding the voluntary suspension of its trading shares, initially granted on 28 March 2025. The company is unable to provide its ‘Updated Production Guidance Announcement’ due to lower than anticipated gold production in the March 2025 quarter, which was affected by underperforming stopes and rapid mining rates leading to grade dilution. As a result, the company’s securities will remain suspended under ASX Listing Rule 17.3 until it can reasonably update the market on its production outlook.
Bellevue Gold Limited has requested a trading halt on its securities pending a review and verification process of its gold production outcomes from the Bellevue Gold Project. This review may lead to a downward adjustment in its production guidance for the fiscal year 2025, impacting the company’s operational forecasts and potentially affecting stakeholder expectations.
Van Eck Associates Corporation has reduced its substantial holding in Bellevue Gold Limited, decreasing its voting power from 7.59% to 6.56%. This change in shareholding may impact Bellevue Gold’s market perception and influence the company’s strategic decisions, as Van Eck is a significant institutional investor.
Van Eck Associates Corporation has reduced its voting power in Bellevue Gold Limited, a company focused on gold mining, from 9.06% to 7.59% as of March 19, 2025. This change in substantial holding may influence Bellevue Gold’s shareholder dynamics and could have implications for its market positioning and stakeholder interests.
Bellevue Gold Limited has released a corporate presentation highlighting its real growth potential from its high-grade asset in Western Australia. The presentation underscores the company’s strategic plans and corporate objectives, with a focus on estimated resources and reserves, planned production, operating costs, and capital requirements. This announcement is significant for the company’s operations and its positioning within the gold mining industry, although investors are cautioned about the inherent risks and uncertainties associated with forward-looking statements.