Strong quarter beats midpoint of guidance
| Stock | Bellevue Gold Ltd (BGL.ASX) |
|---|---|
| Release Time | 7 Jul 2026, 8:20 a.m. |
| Price Sensitive | Yes |
Bellevue Gold Ltd beats guidance with strong quarterly performance
- 41,643oz gold produced in Q2 2026 with an average head grade of 4.5 g/t gold
- FY26 annual production of 144koz recovered and 143koz poured
- Cash and gold on hand rises to $206.4 million at the end of the quarter
Bellevue Gold Ltd (ASX: BGL) has released a preliminary production and financial update for the June 2026 quarter. The company produced 41,643oz of gold at an average head grade of 4.5 g/t. Annual production for FY26 reached 144koz recovered and 143koz poured, placing it in the upper half of the guidance range of 130-150koz. The company's balance sheet has strengthened with cash and gold on hand rising to $206.4 million at the end of the quarter. Forward gold sales commitments have been reduced by 23.0koz to 68.7koz, with no contractual deliveries until 30 June 2027. The company expects to continue to accelerate pre-deliveries into forward gold sale commitments to further de-risk its balance sheet.
FY26 production of 144koz recovered and 143koz poured
Bellevue Gold Ltd expects to continue accelerating pre-deliveries into forward gold sale commitments to further de-risk its balance sheet.