BELLEVUE GOLD LIMITED (BGL)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

BGL

BGL - BELLEVUE GOLD LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 1.54
Index: ASX200 | ASX300 | ALL-ORDS

Bellevue Gold is an Australian gold producer operating the Bellevue Gold Mine in Western Australia, one of Australia’s high-grade gold mines. It listed on the ASX in 2005.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.28

09 Jul
2026

-0.020

OPEN

$1.27

-1.54%

HIGH

$1.30

3,914,638

LOW

$1.26

TARGET
$1.933 51.0% upside
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . AAR . AKA . ALK . AMI . AQI . ASL . AUC . AUE . AWJ . BC8 . BEZ . BM1 . BNZ . BTR . CEL . CMM . CNB . CVV . CY5 . CYL . DPM . EMR . EVN . EVR . FFM . FFM . FG1 . FXG . GG8 . GGP . GHM . GMD . GPR . HGO . IGO . KCN . KGL . MAT . MEI . MEK . MM8 . MML . MPK . MRT . NEM . NMG . NST . NVA . OBM . ORE . PDI . PNR . POL . PRU . RMS . RRL . RSG . RXL . SBM . SMI . SS1 . STM . STN . SVL . SX2 . TBR . TCG . TOR . TRE . TSO . TTM . USL . VAU . WAF . WGX . WIA . WMX . YRL .
FNARENA'S MARKET CONSENSUS FORECASTS
BGL: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx - 3.5 3.0 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 44.7 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 27/08 - (franking Ex-Div. 1c )

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx-3.5
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx505.8 M
Book Value Per Share xxxxxxxxxxxxxxx55.6
Net Operating Cash Flow xxxxxxxxxxxxxxx127.9 M
Net Profit Margin xxxxxxxxxxxxxxx-9.07 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx-6.65 %
Return on Invested Capital xxxxxxxxxxxxxxx-4.67 %
Return on Assets xxxxxxxxxxxxxxx-3.73 %
Return on Equity xxxxxxxxxxxxxxx-6.65 %
Return on Total Capital xxxxxxxxxxxxxxx7.81 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-62.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx6 M
Long Term Debt xxxxxxxxxxxxxxx336 M
Total Debt xxxxxxxxxxxxxxx342 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx152 M
Price To Book Value xxxxxxxxxxxxxxx1.62

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx192.1 M
Capex % of Sales xxxxxxxxxxxxxxx37.97 %
Cost of Goods Sold xxxxxxxxxxxxxxx407 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx20 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

16/06/2026

1

Outperform

$2.00

56.25%

Macquarie updates methodology and upgrades its short-term gold outlook, noting the yellow metal has had a turbulent 2026 as the Iran conflict has driven inflationary pressures.

The broker adopts a market-based price forecast for 18 months before mean reverting to the prior outlook in 2029. Outperform rating retained for Bellevue Gold while the target edges down to $ 2.00 from $2.10.

FORECAST
Macquarie forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.90 cents.
Macquarie forecasts a full year FY27 dividend of 6.00 cents and EPS of 20.67 cents.

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

(xx/xx/xxxx)

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

3

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Canaccord Genuity

05/05/2026

1

Speculative Buy

$2.35

83.59%

Canaccord Genuity maintains a Speculative Buy rating for Bellevue Gold with a target price of $2.35 following what it views as a strong March quarter performance.

The company reported gold production of 41koz, representing a 27% sequential increase and a significant beat against market expectations.

Operations trended positively as the mill reached a steady throughput of 283kt, with milled grades rising 27% to 4.7g/t as mining transitioned into higher-grade zones.

While all-in sustaining costs (AISC) of $2,578/oz were slightly above the broker's estimate, they fell -14% quarter-on-quarter due to these improved grades.

Management remains well-positioned to meet the midpoint of its FY26 guidance, while the broker highlights FY27 screens attractively with an expected production increase to 163koz.

Jarden

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Extra Coverage Research History >

BGL STOCK CHART

FNArena News on BGL

1
Australian Broker Call *Extra* Edition – Jul 08, 2026

Jul 08 2026 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – May 05, 2026

May 05 2026 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – May 04, 2026

May 04 2026 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Apr 08, 2026

Apr 08 2026 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Apr 07, 2026

Apr 07 2026 - Daily Market Reports

Latest Gold & Silver News

1
Capricorn Metals’ Wait Is (Almost) Over

Jul 07 2026 - Commodities
2
Resolute Mining Shares Ready To Rally

May 26 2026 - Technicals
3
The Greatland Resources Valuation Debate

Apr 30 2026 - Commodities
4
March Quarter Gold Medal For Newmont

Apr 28 2026 - Commodities
5
Treasure Chest: Greatland Resources

Apr 01 2026 - Treasure Chest
6
Gold’s Outlook No Longer Straightforward

Mar 19 2026 - Commodities
7
When Might Northern Star’s Woes End?

Mar 18 2026 - Commodities
8
Why Gold Beats Bitcoin & ASX Opportunities

Feb 04 2026 - Commodities
9
What In The Wild West Is Going On In Silver?

Jan 16 2026 - Commodities
10
Evolution Mining Ready To Trend High

Dec 02 2025 - Technicals