BELGF — Stock Film
STOCK FILMSCENE 1/11BELGF · $1.11
Stock Expert AI presents
BELGF
Bellevue Gold Limited
~4 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Bellevue Gold Limited. What it actually does.

Explores and evaluates gold properties in Australia. Holds a 100% interest in the Bellevue gold project. Now — the numbers.

on the stock market since 2020
210 employees
$1.7B market value
Revenue last year:
$362.9M
The loss that same year:
$32.9M
For every $1 it earns, the company spends $1.1.

The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
The sales picture, year by year.

Red columns mark years that ended in a loss.

$0
2021
2022
2023
2024
$362.9M
2025
In the vault right now:
$108.7M
DEBT: $245.5M
At this pace, that money lasts about 3.3 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
4.6×

This company is not turning a profit, so the market is pricing its sales instead: 4.6× for every dollar of annual revenue.

Analysts' average target sits 98% above today's price.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 4 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
Sales are growing fast8/10
WEAK SPOTS
Thin trading in the shares2/10
Thin profit on each sale3/10
The stock has lost its spark3/10
WORTH WATCHING

Trading Liquidity: The shares change hands too rarely for smooth trading.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 34% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/1
The product is selling

Sales run at $362.9M a year. A small number, but proof the product has real buyers.

1
THE RISKS · 1/3
Running at a loss

A loss of $32.9M against $362.9M in annual sales.

2
THE RISKS · 2/3
Thin trading in the shares

Getting in and out without moving the price could prove difficult. Council score: 2/10.

3
THE RISKS · 3/3
Thin profit on each sale

As the slice kept from each sale thins out, so does the profit. Council score: 3/10.

FINALE · THE GRADE
grade pending

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

One-line summary: few numbers, an untested story. Keep watching.

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Not covered, because the filings we hold do not carry it: earnings execution, the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film