Bellevue Gold (ASX:BGL) Moat Score: 3/10 (As of Jun. 27, 2026)


ASX:BGL Bellevue Gold Ltd ASX:BGL
37 GF Score
Price A$1.29
! 3 Warning Signs
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What is Bellevue Gold Moat Score?

Bellevue Gold ASX:BGL -0.39% 37 Moat Score is 3 as of Jun. 27, 2026. GuruFocus rates ASX:BGL with a GF Score™ of 37/100. The stock has 3 warning signs investors should review. Among 2,615 Metals & Mining companies, Bellevue Gold ranks better than 94.03% on this metric.

Bellevue Gold has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

Bellevue Gold has No Moat: Bellevue Gold Ltd has very weak competitive advantages. The company operates in the highly competitive gold mining industry with limited market share and lacks significant IP or regulatory barriers to establish a stronger moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Bellevue Gold might have No Moat - Very weak/transient advantages.

Bellevue Gold  (ASX:BGL) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Bellevue Gold Moat Score Related Terms

ASX:BGL vs NEM, AU: Moat Score Comparison

For the Gold subindustry, Bellevue Gold's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bellevue Gold Moat Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Bellevue Gold's Moat Score distribution charts can be found below:

* The bar in red indicates where Bellevue Gold's Moat Score falls into.


ASX:BGL
37GF Score
Bellevue Gold Ltd ASX:BGL
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
Bellevue Gold (ASX:BGL) has a Moat Score of 3 as of Jun. 27, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Bellevue Gold ranks #156 out of 2615 companies in the Metals & Mining industry, placing it in the top 6%.
Is Bellevue Gold's Moat Score too high?
Bellevue Gold's current Moat Score is 3. The Metals & Mining industry median Moat Score is 1.00. Bellevue Gold's value of 3 is 200% above this industry median. Based on the distribution chart, Bellevue Gold ranks #156 out of 2615 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Bellevue Gold has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Bellevue Gold's Moat Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Bellevue Gold ranks #156 out of 2615 companies for Moat Score. This places Bellevue Gold in the top 6% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Bellevue Gold's value of 3 is 200% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Metals & Mining company?
The median Moat Score among Metals & Mining companies is 1.00, based on 2,615 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bellevue Gold's current Moat Score of 3 is 200% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Metals & Mining industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellevue Gold's current Moat Score is 3. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellevue Gold stock overvalued right now?
Bellevue Gold (ASX:BGL) has a current Moat Score of 3. The current Moat Score is 3 and 200% above the Metals & Mining industry median of 1.00. Bellevue Gold's overall GF Score™ is 37/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Bellevue Gold (ASX:BGL), the current Moat Score is 3 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bellevue Gold Business Description

Other Exchanges BELGF:USA
Address 24 Outram Street, Ground Floor, West Perth, Perth, WA, AUS, 6005
Bellevue Gold Ltd is a gold exploration company. The single operating segment of the company is the exploration and evaluation of minerals, mining, and processing of Gold in Australia. The company projects include the Bellevue Gold Project which is located in the northwest of Kalgoorlie in Western Australia, the Kathleen Valley Project, and the South Yandal Gold Project.
37GF Score

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