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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 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 505.84M | 505.84M | 298.41M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 103.92M | 144.97M | 109.22M | -1.57M | -1.07M | -841.00K |
| EBITDA | 59.17M | -405.00K | 111.19M | -22.99M | -16.52M | -11.95M |
| Net Income | -45.89M | -45.89M | 75.42M | -24.79M | -17.77M | -12.24M |
Balance Sheet | ||||||
| Total Assets | 1.25B | 1.25B | 934.75M | 629.65M | 369.62M | 242.00M |
| Cash, Cash Equivalents and Short-Term Investments | 151.59M | 151.59M | 48.69M | 64.72M | 117.47M | 94.09M |
| Total Debt | 342.29M | 342.29M | 307.76M | 130.23M | 1.01M | 1.11M |
| Total Liabilities | 424.93M | 424.93M | 375.11M | 202.11M | 19.09M | 21.33M |
| Stockholders Equity | 820.08M | 820.08M | 559.64M | 427.55M | 350.52M | 220.68M |
Cash Flow | ||||||
| Free Cash Flow | -55.92M | -52.91M | -96.63M | -262.99M | -111.49M | -67.80M |
| Operating Cash Flow | 135.44M | 139.14M | 113.96M | -13.28M | -8.86M | -5.55M |
| Investing Cash Flow | -192.05M | -185.30M | -217.34M | -249.72M | -102.71M | -57.37M |
| Financing Cash Flow | 160.29M | 149.07M | 87.34M | 210.22M | 137.36M | 133.14M |
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 |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$2.56B | 13.61 | 97.13% | ― | 88.71% | 541.56% | |
69 Neutral | AU$1.94B | 16.40 | 27.46% | ― | 14.01% | 331.24% | |
66 Neutral | €2.38B | 239.68 | 12.22% | ― | 55.73% | ― | |
65 Neutral | $2.53B | 133.53 | 1.55% | ― | 42.75% | -5.56% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$2.04B | 12.64 | -6.65% | ― | 69.51% | -153.68% | |
39 Underperform | AU$1.65B | ― | -6.52% | ― | ― | -29.27% |
Bellevue Gold Limited Corporate Events
Bellevue Gold Limited reported a strong September 2025 quarter, exceeding internal production and financial targets. The company produced 29,120 ounces of gold, with sales totaling 29,670 ounces at an average price of A$4,443 per ounce. The company’s operations are well-positioned for increased production through FY26, supported by strong underground development rates and grade control drilling results. Bellevue has also strengthened its financial position by reducing hedge book commitments and increasing cash reserves. Additionally, the company has made strategic leadership appointments to enhance its operational capabilities.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has announced the issuance of 53,781 ordinary fully paid securities as of October 17, 2025. This move involves the conversion of unquoted options or other convertible securities, potentially impacting the company’s capital structure and signaling strategic financial maneuvers to stakeholders.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited presented at the Citi Resources Conference, highlighting its modern mining operations and increasing production capabilities. The announcement underscores Bellevue’s commitment to excellence and growth, potentially strengthening its position in the gold mining sector and offering promising implications for stakeholders.
The most recent analyst rating on (AU:BGL) stock is a Hold with a A$1.20 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited announced the issuance of 55,002 fully paid ordinary securities as part of its recent corporate actions. This move reflects the company’s ongoing efforts to manage its equity structure and could potentially impact its market positioning by enhancing liquidity and shareholder value.
The most recent analyst rating on (AU:BGL) stock is a Hold with a A$1.20 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has announced its Annual General Meeting (AGM) scheduled for November 20, 2025, at the Intercontinental Perth City Centre. In an effort to reduce environmental impact, the company will not send hard copies of the meeting notice unless specifically requested by shareholders. The notice can be accessed online, and shareholders are encouraged to vote either in person, by proxy, or through an authorized representative. This move reflects the company’s commitment to sustainability and modernizes its communication with stakeholders.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has announced its Annual General Meeting, scheduled for November 20, 2025, in Perth, Western Australia. Key agenda items include the consideration of the company’s annual report, the adoption of the remuneration report, and the re-election and election of directors, which could influence the company’s governance and strategic direction.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited reported a strong development quarter for September 2025, surpassing expectations in decline development and gold production. The company poured 29.95koz of gold, exceeding internal budgets, and achieved a metallurgical recovery rate of 95.6%. Bellevue is on track to meet its FY26 production guidance of 130–150koz as it transitions to higher-grade mining areas. The company’s financial position strengthened with a free cash flow of approximately $33 million, allowing it to reduce forward gold sales commitments by 9,500 ounces, thus increasing future exposure to spot gold prices. Cash and gold reserves rose to A$156 million, with debt remaining stable at $100 million, and no mandatory repayments due until 2027.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited announced the issuance and conversion of unquoted equity securities, specifically 28,194 ordinary fully paid securities as of October 2, 2025. This move reflects the company’s ongoing efforts to manage its equity structure, potentially impacting its financial standing and stakeholder interests.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has announced the issuance of 77,574 new ordinary fully paid securities as of September 22, 2025. This move reflects the company’s ongoing efforts to manage its equity and potentially support its financial strategies, which may influence its market positioning and stakeholder interests.
The most recent analyst rating on (AU:BGL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has presented at the Colorado Gold Conferences, highlighting its new, modern mine with increasing production capabilities. This development is expected to enhance the company’s operational capacity and strengthen its position in the gold mining industry, potentially benefiting stakeholders by increasing the company’s market presence and production output.
The most recent analyst rating on (AU:BGL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has announced the issuance of 168,314 fully paid ordinary securities as of September 4, 2025. This move signifies the company’s ongoing efforts to manage its equity and potentially enhance its financial flexibility, which could have implications for its market positioning and stakeholder interests.
The most recent analyst rating on (AU:BGL) stock is a Hold with a A$0.95 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited announced the appointment of Leigh Junk as a director, effective September 3, 2025. Junk holds an indirect interest in 250,000 fully paid ordinary shares through Jolee Corporation Pty Ltd ATF Jolee Investment Trust. This appointment may influence the company’s strategic direction and stakeholder interests, given Junk’s significant shareholding.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has appointed Leigh Junk as an Independent Non-Executive Director. With over 30 years of experience in the mining industry, including leadership roles at Karora Resources, Dacian Gold, and Doray Minerals, Junk’s expertise is expected to enhance Bellevue’s strategic review implementation and corporate governance, potentially adding value for shareholders.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited announced a change in the interest of its director, Darren Stralow, involving the conversion of 408,927 Class AM performance rights into fully paid ordinary shares. This change reflects an increase in Stralow’s indirect interest in the company, indicating a strategic move to consolidate his position and potentially align with the company’s growth trajectory.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has announced the issuance of 193,984 fully paid ordinary securities as of August 28, 2025. This move indicates the company’s ongoing efforts to manage its capital structure and potentially enhance its liquidity position, which may have implications for its market performance and investor relations.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.25 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting their commitment to transparency and accountability. This disclosure is crucial for stakeholders as it demonstrates Bellevue Gold’s compliance with governance standards, potentially impacting investor confidence and market perception.
The most recent analyst rating on (AU:BGL) stock is a Hold with a A$0.80 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has released its Corporate Governance Statement for 2025, highlighting its commitment to ethical and responsible decision-making, diversity and inclusion, and effective shareholder communication. The statement outlines the company’s governance structure, including board and management roles, board committees, and audit and risk management practices. This release underscores Bellevue Gold’s dedication to maintaining transparency and accountability, which is crucial for its stakeholders and aligns with ASX recommendations.
The most recent analyst rating on (AU:BGL) stock is a Hold with a A$0.80 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited’s 2025 Sustainability Report outlines its commitment to climate and environmental responsibility, community engagement, and maintaining a diverse and inclusive workforce. The report highlights the company’s efforts in climate and energy management, biodiversity, and water stewardship, which are crucial for its operational sustainability and stakeholder relations.
The most recent analyst rating on (AU:BGL) stock is a Hold with a A$0.80 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has released its 2025 Annual Report, highlighting its ongoing commitment to the development of the Bellevue Gold Project. The report underscores the company’s strategic focus on enhancing operational efficiency and financial performance, which is expected to strengthen its market position and deliver value to stakeholders.
The most recent analyst rating on (AU:BGL) stock is a Hold with a A$0.80 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited announced a change in the director’s interest notice, specifically regarding Darren Stralow’s indirect interest in securities. The change involved the lapse of 954,164 Class AM performance rights due to unmet vesting conditions, which may impact the company’s stock performance and investor confidence.
The most recent analyst rating on (AU:BGL) stock is a Hold with a A$0.80 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has announced the issuance of 2,334,098 fully paid ordinary shares to CPU Share Plans Pty Limited as part of its Employee Incentive Scheme. This move is aimed at fulfilling the obligations of the Bellevue Gold Limited Employee Share Trust related to the exercise of vested performance rights, potentially enhancing employee engagement and aligning their interests with the company’s growth objectives.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has announced its commitment to achieving net zero emissions in its gold production operations. This move is part of the company’s broader strategy to enhance its sustainability practices, potentially positioning Bellevue as a leader in environmentally responsible mining. The announcement may have significant implications for stakeholders, as it aligns with global trends towards sustainable resource extraction.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited has released its FY26 guidance and updated annual resource and reserve statement for the Bellevue Gold Project. The company projects gold production between 130,000-150,000 ounces with a cost of A$2,600 to A$2,900 per ounce. The production is expected to ramp up through FY26, targeting 175,000-195,000 ounces in FY27. The company is considering investing in a paste plant, with a decision contingent on a feasibility study. The announcement indicates potential for increased production and reduced costs beyond FY26, which could enhance Bellevue’s market position and benefit stakeholders.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited’s quarterly cash flow report reveals a strong net cash inflow from operating activities, amounting to $143.8 million for the current quarter. Despite significant expenditures in production and mine development, the company maintains a positive cash position, indicating robust operational performance. The report highlights the company’s strategic focus on optimizing its financial resources to support ongoing development and production activities, which is crucial for its growth and competitive positioning in the gold mining sector.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.
Bellevue Gold Limited announced a significant increase in its quarterly gold production and financial performance, with record free cash flow and improved operational metrics. The company completed the installation of wind turbines, marking progress towards its net zero emissions goal, and reported strong mining and production rates, positioning it favorably for the upcoming fiscal year.
The most recent analyst rating on (AU:BGL) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Bellevue Gold Limited stock, see the AU:BGL Stock Forecast page.