BELLEVUE GOLD LIMITED (BGL)
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BGL

BGL - BELLEVUE GOLD LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 2.73
Index: ASX200 | ASX300 | ALL-ORDS

Bellevue Gold is an Australian gold producer. It is currently advancing the historic Bellevue gold mine in Western Australia, finding several new high grade lodes. The company listed on the ASX in 2005.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.88

11 Aug
2025

-0.020

OPEN

$0.91

-2.22%

HIGH

$0.91

8,305,678

LOW

$0.87

TARGET
$1.167 32.6% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
BGL: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 6.5 4.4 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A - 32.5% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 19.8 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-Di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx6.5
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx298.4 M
Book Value Per Share xxxxxxxxxxxxxxx47.6
Net Operating Cash Flow xxxxxxxxxxxxxxx114.0 M
Net Profit Margin xxxxxxxxxxxxxxx25.27 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx15.28 %
Return on Invested Capital xxxxxxxxxxxxxxx11.08 %
Return on Assets xxxxxxxxxxxxxxx9.17 %
Return on Equity xxxxxxxxxxxxxxx15.28 %
Return on Total Capital xxxxxxxxxxxxxxx11.42 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-95.6 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx58 M
Long Term Debt xxxxxxxxxxxxxxx250 M
Total Debt xxxxxxxxxxxxxxx308 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx49 M
Price To Book Value xxxxxxxxxxxxxxx3.75

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx210.6 M
Capex % of Sales xxxxxxxxxxxxxxx70.57 %
Cost of Goods Sold xxxxxxxxxxxxxxx200 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx17 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

0.7

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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UBS

04/07/2025

-1

No Rating

-

UBS is under coverage restriction for Bellevue Gold.

FORECAST
UBS forecasts a full year FY25 dividend of 0.00 cents and EPS of 6.00 cents.
UBS forecasts a full year FY26 dividend of 0.00 cents and EPS of 17.00 cents.

Bell Potter

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxx

$xx.xx

xx.xx%

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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

Jarden

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Canaccord Genuity

06/08/2025

1

Speculative Buy

$1.65

87.50%

Bellevue Gold's FY26 guidance of 130–150koz at costs (AISC) of $2,600–2,900/oz came in below the prior guidance of 149koz at $2,529/oz.

Management has hedged 39koz at an average price of circa $2,719/oz, mostly in 2H FY26, equating to 26–30% of forecast output, highlights Canaccord Genuity.

Production is expected to ramp through the year, with upside possible, suggest the analysts, if current development rates above 300m per jumbo/month continue.

FY26 growth capex is guided to -$80–90m and exploration to -$15m, while reserves have been revised down to 1.3moz due to depletion and re-modelling, explains the broker.

Canaccord revises its FY26 forecast to 140koz at $2,672/oz and expects free cash flow of $143m in FY26 and $247m in FY27, implying 12–21% yields.

Speculative Buy. Target falls to $1.65 from $1.75.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 2.00 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 9.00 cents.

Moelis

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Extra Coverage Research History >

BGL STOCK CHART

FNArena News on BGL

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