Bellevue Gold Limited, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia.
Bellevue Gold Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.86|
|52 Week High||AU$0.65|
|52 Week Low||AU$1.49|
|1 Month Change||6.14%|
|3 Month Change||-7.49%|
|1 Year Change||-33.46%|
|3 Year Change||154.41%|
|5 Year Change||2,371.43%|
|Change since IPO||-72.97%|
Recent News & Updates
Here's Why We're Not Too Worried About Bellevue Gold's (ASX:BGL) Cash Burn Situation
Just because a business does not make any money, does not mean that the stock will go down. For example, although...
|BGL||AU Metals and Mining||AU Market|
Return vs Industry: BGL underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: BGL underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: BGL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BGL's weekly volatility (6%) has been stable over the past year.
About the Company
Bellevue Gold Limited, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia. It holds a 100% interest in the Bellevue gold project covering an area of approximately 2,700 km2 located to north-west of Kalgoorlie, Western Australia; the Yandal gold project covering an area of 867 km2 in Western Australia; and the Kathleen Valley gold project located in Western Australia. The company was formerly known as Draig Resources Limited and changed its name to Bellevue Gold Limited in July 2018.
Bellevue Gold Fundamentals Summary
|BGL fundamental statistics|
Is BGL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BGL income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.012|
|Net Profit Margin||0.00%|
How did BGL perform over the long term?See historical performance and comparison
Is Bellevue Gold undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BGL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BGL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BGL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: BGL is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BGL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BGL is overvalued based on its PB Ratio (3.9x) compared to the AU Metals and Mining industry average (2.5x).
How is Bellevue Gold forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BGL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: BGL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BGL's is expected to become profitable in the next 3 years.
Revenue vs Market: BGL is forecast to have no revenue next year.
High Growth Revenue: BGL is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BGL's Return on Equity is forecast to be high in 3 years time (22.4%)
How has Bellevue Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BGL is currently unprofitable.
Growing Profit Margin: BGL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BGL is unprofitable, and losses have increased over the past 5 years at a rate of 33.6% per year.
Accelerating Growth: Unable to compare BGL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BGL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: BGL has a negative Return on Equity (-5.55%), as it is currently unprofitable.
How is Bellevue Gold's financial position?
Financial Position Analysis
Short Term Liabilities: BGL's short term assets (A$96.2M) exceed its short term liabilities (A$17.4M).
Long Term Liabilities: BGL's short term assets (A$96.2M) exceed its long term liabilities (A$3.9M).
Debt to Equity History and Analysis
Debt Level: BGL is debt free.
Reducing Debt: BGL has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BGL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BGL has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 57.7% each year.
What is Bellevue Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BGL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BGL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BGL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BGL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BGL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Parsons (48 yo)
Mr. Stephen Andrew Parsons, also known as Steve, BSc (Hons) Geology MAusIMM, has been Non-Executive Director at Auteco Minerals Limited since January 28, 2020. Mr. Parsons has been Executive Director at Be...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD2.00M) is above average for companies of similar size in the Australian market ($USD998.78K).
Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.
Experienced Management: BGL's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: BGL's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.4%.
Bellevue Gold Limited's employee growth, exchange listings and data sources
- Name: Bellevue Gold Limited
- Ticker: BGL
- Exchange: ASX
- Founded: 2004
- Industry: Gold
- Sector: Materials
- Market Cap: AU$852.827m
- Shares outstanding: 985.93m
- Website: https://www.bellevuegold.com.au
- Bellevue Gold Limited
- 24 Outram Street
- Ground Floor
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 07:02|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.