BGL Stock Overview

Engages in the exploration, development, mining, and processing of gold properties in Australia. More details

BGL fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	3/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 88.1% below our estimate of its fair value

Earnings are forecast to grow 19.23% per year

Became profitable this year

Risk Analysis

No risks detected for BGL from our risk checks.

Community vs My Fair Value

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Bellevue Gold Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bellevue Gold
Historical stock prices
Current Share Price	AU$0.91
52 Week High	AU$2.06
52 Week Low	AU$0.82
Beta	1.39
1 Month Change	-0.55%
3 Month Change	-23.21%
1 Year Change	-51.72%
3 Year Change	5.20%
5 Year Change	13.75%
Change since IPO	-71.56%

Recent updates

Bellevue Gold Limited's (ASX:BGL) Price Is Right But Growth Is Lacking

Mar 24

We Think That There Are Issues Underlying Bellevue Gold's (ASX:BGL) Earnings

Mar 06

Are Investors Undervaluing Bellevue Gold Limited (ASX:BGL) By 38%?

Feb 10

Is Bellevue Gold Limited (ASX:BGL) Trading At A 40% Discount?

Jul 01

Bullish: Analysts Just Made A Meaningful Upgrade To Their Bellevue Gold Limited (ASX:BGL) Forecasts

Mar 16

Does Bellevue Gold (ASX:BGL) Have A Healthy Balance Sheet?

Dec 09

Is There An Opportunity With Bellevue Gold Limited's (ASX:BGL) 35% Undervaluation?

Nov 17

Is There An Opportunity With Bellevue Gold Limited's (ASX:BGL) 31% Undervaluation?

Aug 17

Is Bellevue Gold (ASX:BGL) Using Too Much Debt?

Mar 24

Calculating The Fair Value Of Bellevue Gold Limited (ASX:BGL)

Feb 21

Here's Why We're Not Too Worried About Bellevue Gold's (ASX:BGL) Cash Burn Situation

Jun 16

Companies Like Bellevue Gold (ASX:BGL) Are In A Position To Invest In Growth

Mar 15

We Think Bellevue Gold (ASX:BGL) Needs To Drive Business Growth Carefully

Dec 10

Here's Why We're Not Too Worried About Bellevue Gold's (ASX:BGL) Cash Burn Situation

Jul 15

Here's Why We're Not Too Worried About Bellevue Gold's (ASX:BGL) Cash Burn Situation

Mar 27

Stephen Parsons Is The MD & Executive Director of Bellevue Gold Limited (ASX:BGL) And Just Spent AU$227k On Shares

Feb 20

Shareholder Returns

	BGL	AU Metals and Mining	AU Market
7D	9.6%	1.5%	0.6%
1Y	-51.7%	-12.7%	4.9%

Return vs Industry: BGL underperformed the Australian Metals and Mining industry which returned -12.7% over the past year.

Return vs Market: BGL underperformed the Australian Market which returned 4.9% over the past year.

Price Volatility

Is BGL's price volatile compared to industry and market?
BGL volatility
BGL Average Weekly Movement	11.8%
Metals and Mining Industry Average Movement	12.2%
Market Average Movement	9.6%
10% most volatile stocks in AU Market	17.1%
10% least volatile stocks in AU Market	4.0%

Stable Share Price: BGL has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: BGL's weekly volatility (12%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	n/a	Darren Stralow	bellevuegold.com.au

Bellevue Gold Limited, together with its subsidiaries, engages in the exploration, development, mining, and processing of gold properties in Australia. It holds interest in the Bellevue gold project located to north-west of Leinster in the Goldfields region of Western Australia. The company was formerly known as Draig Resources Limited and changed its name to Bellevue Gold Limited in July 2018.

Bellevue Gold Limited Fundamentals Summary

How do Bellevue Gold's earnings and revenue compare to its market cap?
BGL fundamental statistics
Market cap	AU$1.17b
Earnings (TTM)	AU$85.29m
Revenue (TTM)	AU$471.68m

13.7x

P/E Ratio

2.5x

P/S Ratio

Is BGL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BGL income statement (TTM)
Revenue	AU$471.68m
Cost of Revenue	AU$339.24m
Gross Profit	AU$132.45m
Other Expenses	AU$47.16m
Earnings	AU$85.29m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.066
Gross Margin	28.08%
Net Profit Margin	18.08%
Debt/Equity Ratio	13.6%

How did BGL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/22 02:49
End of Day Share Price	2025/05/22 00:00
Earnings	2024/12/31
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bellevue Gold Limited is covered by 13 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mollie Urquhart	Barrenjoey Markets Pty Limited
Dale Koenders	Barrenjoey Markets Pty Limited
Daniel Morgan	Barrenjoey Markets Pty Limited

BGL Stock Overview

Rewards

Risk Analysis

Bellevue Gold Limited Competitors

Kingsgate Consolidated

Catalyst Metals

Genesis Minerals

Vault Minerals

Price History & Performance

Recent News & Updates

Consensus EPS estimates fall by 40%

Price target decreased by 17% to AU$1.31

Bellevue Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 156.454626 million.

Bellevue Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 156.454626 million.

Investor sentiment deteriorates as stock falls 16%

Bellevue Gold Limited's (ASX:BGL) Price Is Right But Growth Is Lacking

Recent updates

Consensus EPS estimates fall by 40%

Price target decreased by 17% to AU$1.31

Bellevue Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 156.454626 million.

Bellevue Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 156.454626 million.

Investor sentiment deteriorates as stock falls 16%

Bellevue Gold Limited's (ASX:BGL) Price Is Right But Growth Is Lacking

We Think That There Are Issues Underlying Bellevue Gold's (ASX:BGL) Earnings

Consensus EPS estimates fall by 20%

First half 2025 earnings released: EPS: AU$0.01 (vs AU$0.002 in 1H 2024)

Are Investors Undervaluing Bellevue Gold Limited (ASX:BGL) By 38%?

Consensus EPS estimates fall by 12%

Consensus EPS estimates fall by 16%

Price target decreased by 7.3% to AU$1.66

Consensus EPS estimates fall by 11%

Investor sentiment deteriorates as stock falls 15%

Consensus EPS estimates increase by 14%

Investor sentiment improves as stock rises 15%

Bellevue Gold Limited, Annual General Meeting, Nov 21, 2024

Price target decreased by 7.0% to AU$1.80

Price target decreased by 7.1% to AU$2.02

Now 29% undervalued after recent price drop

Bellevue Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 150.000001 million.

Is Bellevue Gold Limited (ASX:BGL) Trading At A 40% Discount?

Forecast breakeven date pushed back to 2025

Non-Executive Director recently sold AU$12m worth of stock

New major risk - Financial position

Price target increased by 7.4% to AU$2.07

New major risk - Financial position

Bullish: Analysts Just Made A Meaningful Upgrade To Their Bellevue Gold Limited (ASX:BGL) Forecasts

New major risk - Financial position

New minor risk - Shareholder dilution

Does Bellevue Gold (ASX:BGL) Have A Healthy Balance Sheet?

Now 20% undervalued

Is There An Opportunity With Bellevue Gold Limited's (ASX:BGL) 35% Undervaluation?

Bellevue Gold Limited, Annual General Meeting, Nov 23, 2023

Is There An Opportunity With Bellevue Gold Limited's (ASX:BGL) 31% Undervaluation?

Now 22% undervalued

Now 20% undervalued

Non-Executive Director recently bought AU$174k worth of stock

Price target increased by 8.5% to AU$1.59

Non-Executive Director recently sold AU$2.4m worth of stock

Is Bellevue Gold (ASX:BGL) Using Too Much Debt?

MD & Executive Director recently sold AU$18m worth of stock

Calculating The Fair Value Of Bellevue Gold Limited (ASX:BGL)

Bellevue Gold Limited Appoints Darren Stralow Bellevue as Managing Director, Effective 1 March 2023

Price target increased to AU$1.41

Bellevue Gold Limited Provides an Update on Recent Activities Aimed at Accelerating Development of its Bellevue Gold Project

Price target increased to AU$1.36

Now 20% undervalued

Bellevue Gold Limited Provides Further Positive Grade Control Results

Bellevue Gold Limited Studies Options to Toll Treat the Anticipated Ore Stockpile At Its Bellevue Gold Project

Less than half of directors are independent

Bellevue Gold Limited Completes Construction of the 343-Person Camp At Its Bellevue Gold Project in WA

Bellevue Gold Limited, Annual General Meeting, Nov 17, 2022

Bellevue Gold Limited Appoints Kate Frost as General Manager - Bellevue Gold Project

Price target decreased to AU$1.21

Bellevue Gold Limited Announces Major Milestone in the Construction of Bellevue Gold Project in WA

MD & Executive Director recently bought AU$85k worth of stock

Price target decreased to AU$1.32

Here's Why We're Not Too Worried About Bellevue Gold's (ASX:BGL) Cash Burn Situation

Less than half of directors are independent

Forecast breakeven date pushed back to 2024

Bellevue Gold Limited Announces High Grade Drilling Results to Drive Reserve Update