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Bellavista Resources Ltd (AU:BVR)
ASX:BVR
Australian Market

Bellavista Resources Ltd (BVR) AI Stock Analysis

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AU:BVR

Bellavista Resources Ltd

(Sydney:BVR)

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Neutral 54 (OpenAI - 5.2)
Rating:54Neutral
Price Target:
AU$0.93
▲(40.61% Upside)
Action:ReiteratedDate:02/05/26
The score is held back primarily by weak profitability and negative operating/free cash flow, despite strong top-line growth and low leverage. Technicals are a meaningful offset, with the stock trading above major moving averages and positive MACD. Valuation remains a risk factor because the negative P/E indicates ongoing losses and no dividend support is available.
Positive Factors
Revenue Growth
A 205.99% increase in revenue signals meaningful market traction and expanding customer demand. Sustained top-line growth provides a foundation to scale operations, absorb fixed costs, and invest in product or capacity expansion, improving the odds of margin recovery over months.
Low Leverage
Very low debt-to-equity gives the company financial flexibility to fund growth, survive cash flow hiccups, and avoid high interest burden. This conservative capital structure supports medium-term resilience and strategic optionality for capex, M&A, or working capital needs.
FCF Conversion Efficiency
A positive free cash flow to net income ratio suggests the firm has some efficiency in converting accounting profits into cash when profitable. This structural conversion capability can accelerate liquidity improvement as margins recover and supports sustainable cash generation over time.
Negative Factors
Negative Profitability
Persistent negative net profit and EBIT margins indicate the business is not yet generating operating profits from its revenue base. Unless operating leverage or cost structure improves, top-line growth may fail to translate into shareholder returns, constraining long-term sustainability.
Negative Operating & Free Cash Flow
Negative operating and free cash flow create ongoing liquidity pressure, forcing reliance on external financing or equity issuance. Over a 2-6 month horizon this limits the company’s ability to invest in growth, manage working capital, and execute strategic initiatives without raising capital.
Low/Negative Return on Equity
A negative ROE shows shareholders’ capital is not producing returns and signals inefficient asset utilization or structural profitability problems. This undermines long-term value creation, complicates future capital raises, and risks dilution if external funding is needed to cover losses.

Bellavista Resources Ltd (BVR) vs. iShares MSCI Australia ETF (EWA)

Bellavista Resources Ltd Business Overview & Revenue Model

Company DescriptionBellavista Resources Limited operates as a mineral exploration company. The company has tenement package that covers approximately 100 kilometers of the northern margin of the Edmund Basin. Its projects include Brumby Deposit, Vernon Base Metals, Vernon Nickel-PGE, and Gorge Creek, which are prospective for zinc, copper, silver, PGE, and uranium deposits. The company was incorporated in 2021 and is based in West Perth, Australia.
How the Company Makes MoneyBellavista Resources Ltd generates revenue primarily through the exploration and development of its mineral assets. The company earns money by identifying and acquiring mineral properties, conducting exploration activities to assess the viability of potential mining operations, and eventually extracting and selling minerals. Key revenue streams may include the sale of mined metals, joint ventures with larger mining companies for resource development, and potential royalties from successful mining operations. Significant partnerships with industry stakeholders, such as other mining firms and local governments, can enhance BVR's revenue potential by facilitating access to resources, technology, and funding for exploration projects.

Bellavista Resources Ltd Financial Statement Overview

Summary
Strong revenue growth (205.99%) is a key positive, but profitability remains weak with negative net profit and EBIT margins. Cash flow is also pressured with negative operating and free cash flow, partially offset by low leverage (very low debt-to-equity).
Income Statement
45
Neutral
Bellavista Resources Ltd has shown significant revenue growth of 205.99% in the latest year, indicating strong top-line expansion. However, the company is struggling with profitability, as evidenced by negative net profit margins and EBIT margins. The consistent negative margins suggest ongoing operational challenges.
Balance Sheet
55
Neutral
The company maintains a very low debt-to-equity ratio, reflecting conservative leverage and financial stability. However, the negative return on equity indicates that the company is not generating sufficient returns on shareholders' investments, which is a concern for long-term profitability.
Cash Flow
40
Negative
Bellavista Resources Ltd has a negative operating cash flow and free cash flow, indicating cash management issues. The free cash flow to net income ratio is positive, suggesting some efficiency in converting net income to cash, but overall cash flow performance remains weak.
BreakdownJun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue132.80K64.82K79.86K0.00
Gross Profit132.80K64.82K68.50K-43.00
EBITDA-1.35M-1.92M-1.25M-386.12K
Net Income-1.58M-2.07M-1.26M-386.16K
Balance Sheet
Total Assets10.06M6.10M6.67M7.09M
Cash, Cash Equivalents and Short-Term Investments4.15M802.55K1.03M6.27M
Total Debt43.10K75.32K0.000.00
Total Liabilities244.21K374.61K934.43K187.98K
Stockholders Equity9.82M5.73M5.73M6.90M
Cash Flow
Free Cash Flow-2.43M-2.18M-5.18M-857.87K
Operating Cash Flow-1.42M-1.34M-1.05M-350.08K
Investing Cash Flow-819.84K-839.57K-4.19M-531.78K
Financing Cash Flow5.58M1.95M0.007.15M

Bellavista Resources Ltd Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.66
Price Trends
50DMA
0.79
Positive
100DMA
0.62
Positive
200DMA
0.47
Positive
Market Momentum
MACD
0.01
Positive
RSI
47.23
Neutral
STOCH
6.45
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BVR, the sentiment is Neutral. The current price of 0.66 is below the 20-day moving average (MA) of 0.86, below the 50-day MA of 0.79, and above the 200-day MA of 0.47, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 47.23 is Neutral, neither overbought nor oversold. The STOCH value of 6.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:BVR.

Bellavista Resources Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
54
Neutral
AU$109.44M-47.43-20.31%34.94%
47
Neutral
AU$5.98M-4.58-38.30%61.60%
45
Neutral
AU$19.16M-41.94
44
Neutral
AU$5.67M-10.69-38.56%21.62%
43
Neutral
AU$8.78M-0.63-78.12%-349.06%
38
Underperform
AU$2.36M-5.00-26.98%4.35%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:BVR
Bellavista Resources Ltd
0.84
0.48
133.33%
AU:OKJ
Oakajee Corporation Ltd
0.06
0.05
530.00%
AU:KLR
Kaili Resources Limited
0.13
0.09
225.00%
AU:SLZ
Sultan Resources Ltd.
0.02
<0.01
50.00%
AU:AIV
ActivEX Limited
0.02
<0.01
10.00%
AU:PRL
Province Resources Ltd
0.01
-0.03
-75.00%

Bellavista Resources Ltd Corporate Events

Bellavista Resources to Issue 46.7 Million New Shares in ASX Placement
Feb 3, 2026

Bellavista Resources Ltd has announced a proposed placement of up to 46,666,667 new fully paid ordinary shares, to be quoted on the ASX under its existing ticker BVR. The new securities are scheduled for issue on 12 February 2026, representing a significant capital raising initiative that, once completed, will expand the company’s share base and provide additional funding capacity for its ongoing corporate and operational activities.

The most recent analyst rating on (AU:BVR) stock is a Hold with a A$0.81 price target. To see the full list of analyst forecasts on Bellavista Resources Ltd stock, see the AU:BVR Stock Forecast page.

Bellavista Raises A$35m in Upsized Placement to Fund Canadian Gold Acquisition and Exploration
Feb 3, 2026

Bellavista Resources has secured firm commitments to raise A$35 million via an upsized two‑tranche institutional placement at A$0.75 per share, following strong demand from new and existing high‑quality investors. The funds will leave Bellavista with an expected cash balance of about A$32 million after settlement and, subject to shareholder approvals and completion of its planned acquisition of up to 80% of the Pickle Crow Gold Project and associated Ontario exploration assets from FireFly Metals, will be used to exercise the PC Gold earn‑in and fund aggressive exploration at Pickle Crow, the Sioux Lookout Project and the Brumby project in Western Australia; if the acquisition does not complete, proceeds will be redirected to exploration of existing assets and other value‑accretive opportunities.

The most recent analyst rating on (AU:BVR) stock is a Hold with a A$0.81 price target. To see the full list of analyst forecasts on Bellavista Resources Ltd stock, see the AU:BVR Stock Forecast page.

Bellavista Resources Enters Canadian Gold Sector with AuTECO Acquisition and A$25m Placement
Feb 2, 2026

Bellavista Resources has announced a transformational move into Canadian gold by agreeing to acquire 100% of AuTECO Minerals (Canada) Pty Ltd from FireFly Metals, including the intercompany loans owed by AuTECO. To support the transaction and further exploration and development, Bellavista is undertaking a two‑tranche institutional placement to raise up to A$25 million, led by Canaccord Genuity with Euroz Hartleys and Argonaut Securities as co-managers, which is expected to strengthen its balance sheet and underpin its strategic push for scale, grade and camp‑scale upside in Ontario.

The most recent analyst rating on (AU:BVR) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on Bellavista Resources Ltd stock, see the AU:BVR Stock Forecast page.

Bellavista to Acquire Majority Stake in Canada’s Pickle Crow Gold Project and Raise A$25m
Feb 2, 2026

Bellavista Resources has agreed to acquire FireFly Metals’ 70% interest, with an option to increase to 80%, in the Pickle Crow Gold Project and associated exploration assets in Ontario, Canada, securing access to an inferred mineral resource of 2.8 million ounces at 7.2 grams per tonne of gold, as well as additional tenure in the Uchi and Wabigoon belts including the Sioux Lookout Project. To fund the transaction, associated earn-in payments and aggressive exploration programs at Pickle Crow, Sioux Lookout and its existing Brumby project, Bellavista plans to raise up to approximately A$25 million via a two-tranche share placement, a move that management says will transform the company into a substantial high-grade gold explorer with significant upside and potential participation in regional M&A.

The most recent analyst rating on (AU:BVR) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on Bellavista Resources Ltd stock, see the AU:BVR Stock Forecast page.

Bellavista Resources Plans Major Capital Raise and Vendor Performance Rights Issue
Feb 2, 2026

Bellavista Resources Ltd has lodged an Appendix 3B with the ASX detailing a proposed issue of new securities, comprising up to 60 million fully paid ordinary shares and 50 million vendor performance rights. The placement or other type of issue, targeted for 30 April 2026, will significantly expand the company’s capital base and introduce a substantial allocation of performance-linked securities to vendors, indicating an effort to align stakeholder incentives and secure funding or consideration for transactions that could influence Bellavista’s future growth and ownership structure.

The most recent analyst rating on (AU:BVR) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on Bellavista Resources Ltd stock, see the AU:BVR Stock Forecast page.

FireFly Metals Sells Ontario Gold Assets to Bellavista in A$86m Scrip Deal
Feb 2, 2026

FireFly Metals has agreed to sell its Ontario Gold Assets, comprising a 70% stake in the Pickle Crow Project and full ownership of the Sioux Lookout Project, to ASX-listed Bellavista Resources in an all-scrip deal valued at up to A$86.1 million, including 60 million Bellavista shares upfront and 50 million performance rights as contingent consideration. Subject to shareholder approval, FireFly plans to distribute the upfront Bellavista shares in-specie to its own investors, who, together with the company, could own up to around 40% of Bellavista, ensuring continued exposure to the exploration upside as Bellavista raises about A$25 million to drive resource growth and a major regional exploration program on the assets; the transaction allows FireFly to unlock value from its Canadian gold portfolio while sharpening its strategic focus on advancing the Green Bay Copper-Gold Project.

The most recent analyst rating on (AU:BVR) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on Bellavista Resources Ltd stock, see the AU:BVR Stock Forecast page.

Bellavista Resources Halts Trading Ahead of Capital Raising Announcement
Feb 1, 2026

Bellavista Resources has requested and been granted a trading halt on its securities by the ASX, with the suspension to remain in place until either the company releases an announcement or normal trading resumes on 4 February 2026. The halt is tied to an upcoming announcement on the results of a capital raising, signalling that the company is in the process of securing new funding that could influence its financial position and future project development, and will be closely watched by investors awaiting details of the capital structure and use of funds.

The most recent analyst rating on (AU:BVR) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on Bellavista Resources Ltd stock, see the AU:BVR Stock Forecast page.

Bellavista reshapes board as LiDAR and heritage work clear path for Edmund Basin drilling
Jan 30, 2026

Bellavista Resources has overhauled its leadership, appointing former De Grey Mining executives Glenn Jardine as managing director and Peter Canterbury as finance director, following their roles in building De Grey into a major WA gold success prior to its $6 billion takeover. The company ended the December quarter with $2.3 million in cash and advanced its Edmund Basin program, receiving detailed airborne LiDAR data to build high-resolution elevation models that will guide drilling access, target areas where HEBS units interact with standing water, and support innovative bioleaching studies using naturally occurring bacteria. An Aboriginal heritage work area clearance survey at the Brumby project found no new registered heritage sites, allowing exploration and planned bulk sample and resource drilling to progress under established avoidance and consultation protocols, supporting responsible project advancement and reducing the risk of regulatory delays.

The most recent analyst rating on (AU:BVR) stock is a Hold with a A$0.87 price target. To see the full list of analyst forecasts on Bellavista Resources Ltd stock, see the AU:BVR Stock Forecast page.

Bellavista Resources Issues Performance Rights to Director
Dec 9, 2025

Bellavista Resources Ltd has announced a change in the director’s interest notice concerning Glenn Jardine. The company has issued performance rights as incentives to Jardine, totaling 9 million rights across two classes, with no cash consideration involved. This move, approved at the annual general meeting, is aimed at aligning the director’s interests with the company’s long-term goals.

The most recent analyst rating on (AU:BVR) stock is a Hold with a A$0.52 price target. To see the full list of analyst forecasts on Bellavista Resources Ltd stock, see the AU:BVR Stock Forecast page.

Bellavista Resources Advances Exploration at Brumby Project
Nov 19, 2025

Bellavista Resources Ltd has announced the commencement of a heritage survey at its Brumby Project in preparation for new drilling and metallurgy programs. The survey will cover approximately 1.4 square kilometers and will include areas designated for bulk sample drilling and resource drilling planned for the 2026 field season. The decision to proceed with bulk sampling follows successful initial bioleaching experiments that confirmed the presence of critical and strategic minerals in the HEBS mineralization. Additionally, a comprehensive LiDAR survey has been completed over the Edmund Basin Project portfolio, with results expected soon. These efforts are part of Bellavista’s strategy to enhance its metallurgical knowledge and explore the wider discovery potential of the Brumby Project, which is being studied in collaboration with the Critical Resources Research Centre at the University of Western Australia.

The most recent analyst rating on (AU:BVR) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Bellavista Resources Ltd stock, see the AU:BVR Stock Forecast page.

Bellavista Resources Updates AGM Notice with New Resolutions
Nov 10, 2025

Bellavista Resources Ltd has issued an addendum to its Notice of Annual General Meeting, initially scheduled for 3 October 2025, now postponed to 27 November 2025. The addendum introduces additional resolutions, including the election of Mr. Peter Canterbury as a director and the approval to issue up to 15,000,000 Director Performance Rights to Mr. Glenn Jardine and Mr. Peter Canterbury. This move indicates a strategic shift in the company’s governance and incentive structure, potentially impacting shareholder interests and company operations.

The most recent analyst rating on (AU:BVR) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Bellavista Resources Ltd stock, see the AU:BVR Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 05, 2026