Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Bellevue Gold Limited ( (AU:BGL) ) has shared an announcement.
Bellevue Gold Limited reported a strong performance in the December 2024 quarter with gold production reaching 26,059 ounces and sales totaling 26,230 ounces at an average price of A$3,339 per ounce. The company anticipates increased production and lower costs in the second half of FY25, with a forecasted annualized production rate of 200,000 ounces by Q4 FY25. Additionally, Bellevue Gold is advancing its commitment to sustainability with a target to achieve net-zero greenhouse gas emissions by CY26. The company has completed a debt restructuring with Macquarie Bank and continues to invest in growth and exploration, though free cash flow was negative $25 million for the quarter.
More about Bellevue Gold Limited
Bellevue Gold Limited operates in the gold mining industry, focusing on the exploration and production of gold. The company is based in Perth, Australia, and is listed on the Australian Securities Exchange under the ticker BGL.
YTD Price Performance: -0.44%
Average Trading Volume: 7,891,726
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$1.44B
Find detailed analytics on BGL stock on TipRanks’ Stock Analysis page.
