Risk factor
Considerable default risk
Profitability factor
Very low or no dividends
About
Bellevue Gold Limited, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia. It holds a 100% interest in the Bellevue gold project covering an area of approximately 2,700 km2 located to north-west of Kalgoorlie, Western Australia; the Yandal gold project covering an area of 867 km2 in Western Australia; and the Kathleen Valley gold project located in 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 was incorporated in 2004 and is based in West Perth, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair valu
Target Price
The average target price of BGL.AX is 1.3 and suggests 12% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de
Buy
Sell