Blue Gold (B9Z) Stock Overview

Acquires, develops, finances, licenses, and operates gold mines in the Ashanti region of Ghana. More details

B9Z fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	5/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Rewards

Earnings are forecast to grow 69.71% per year

Risk Analysis

Has less than 1 year of cash runway

Negative shareholders equity

Makes less than USD$1m in revenue ($0)

Shares are highly illiquid

+ 2 more risks

B9Z Community Fair Values

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Blue Gold Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Blue Gold
Historical stock prices
Current Share Price	US$2.67
52 Week High	US$3.95
52 Week Low	US$2.29
Beta	3.28
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-27.26%

Recent updates

Shareholder Returns

	B9Z	DE Metals and Mining	DE Market
7D	12.2%	0.8%	0.1%
1Y	n/a	94.6%	13.5%

Return vs Industry: Insufficient data to determine how B9Z performed against the German Metals and Mining industry.

Return vs Market: Insufficient data to determine how B9Z performed against the German Market.

Price Volatility

Is B9Z's price volatile compared to industry and market?
B9Z volatility
B9Z Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	12.0%
Market Average Movement	5.1%
10% most volatile stocks in DE Market	12.4%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: B9Z's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine B9Z's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2023	n/a	Andrew Cavaghan	bluegoldmine.com

Blue Gold Limited acquires, develops, finances, licenses, and operates gold mines in the Ashanti region of Ghana. The company focused on the Ashanti Gold Belt located in Ghana. Blue Gold Limited was founded in 2023 and is headquartered in Grand Cayman, the Cayman Islands.

Blue Gold Limited Fundamentals Summary

How do Blue Gold's earnings and revenue compare to its market cap?
B9Z fundamental statistics
Market cap	€73.79m
Earnings (TTM)	-€12.79m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-5.8x

P/E Ratio

Is B9Z overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
B9Z income statement (TTM)
Revenue	US$0
Cost of Revenue	US$3.86m
Gross Profit	-US$3.86m
Other Expenses	US$11.21m
Earnings	-US$15.07m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	-0.46
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-29.1%

How did B9Z perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/26 19:04
End of Day Share Price	2025/12/23 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

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

Blue Gold Limited is covered by 1 analysts. 1 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
Thomas Kerr	Zacks Small-Cap Research

Blue Gold LimitedDB:B9Z Stock Report