Bellevue Gold Limited
BGL.AXBasic MaterialsASXGold · Last scanned Jun 3, 2026
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Daily timeframeBellevue Gold Limited, together with its subsidiaries, engages in the exploration, development, mining, and processing of gold properties in Australia. The company carries a $2.28B market cap, placing it firmly in the mid-cap category. The company primarily holds interest in the Bellevue gold project located to north-west of Leinster in the Goldfields region of Western Australia.
Market Cap
$2.28B
Beta
1.51
P/E (TTM)
—
P/E (Fwd)
7.25
EPS (TTM)
$-0.04
EPS (Fwd)
$0.21
ROE
-7.1%
ROA
-2.4%
Cash
$165.1M
Total Debt
$339.7M
Free CF
-$45.0M
52W Change
61.6%
Annual Financials
Cash vs Debt
The company holds $165.1M in cash, though total debt stands at $339.7M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$45.0M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -7.1% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $298.4M (2024) to $505.8M (2025), reflecting a 70% increase over the period.
Bellevue Gold Limited's elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Bellevue Gold Limited's trajectory.