Bellevue Gold (BGL) is held by 21 ASX ETFs. Over all time it fell 17.6%: on $10,000, −$1762. We explain 13 big moves in that time.
About BGL
- SectorMaterials
- IndustryMaterials
- Size$2.3b
- Held by21 ETFs
- Big moves13 in all time
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +18.8%9 Apr 2026· Commodity
Bellevue Gold shares surged 18.85% due to a broad gold price rally and positive production/cash flow growth, with the ASX up on Iran ceasefire and sector-wide gains in gold miners.
- +8.1%1 Apr 2026· Unknown
No specific catalyst identified from the provided news article for the date of the price move.
- −9.1%23 Mar 2026· Sector Flow
Bellevue Gold fell with the ASX gold sector on Friday due to broader gold price weakness and sector-wide sell-off.
- −8.4%19 Mar 2026· Operational
Shares fell sharply on production shortfalls and cash burn concerns, highlighted in company-specific news.
- −8.2%2 Feb 2026· Commodity
Gold price crashed 15% in a historic selloff around this date, hitting ASX gold miners hard.
- +8.4%21 Jan 2026· Operational
Bellevue Gold shares rose 8.43% on the back of broad gold sector momentum, analyst/broker picks of gold winners, and a positive operational update highlighting strengthened output.
- −9.8%22 Oct 2025· Unknown
No clear cause identified from available news; the 29Metals article does not directly explain Bellevue Gold's decline.
- +8.4%16 Apr 2025· Takeover / M&A
Bellevue Gold's stock rose amid takeover speculation and rising gold prices near US$3,300.
- −21.8%15 Apr 2025· Capital Raise
A weak quarterly report forced Bellevue Gold to raise A$156 million via a placement at a discount, triggering a sharp share price drop and takeover speculation.
- −12.8%24 Mar 2025· Unknown
No direct news articles were found; the sharp decline is likely due to an unpublicized company-specific development or broader market/commodity factors.
- −14.0%6 Jan 2025· Analyst
Bellevue Gold's share price fell sharply after a broker downgrade from The Australian, citing negative analyst action.
- −9.1%2 Sep 2024· Unknown
The stock dropped sharply despite reporting a maiden net profit, likely due to profit-taking after a strong run or the news not meeting high expectations.
- −21.6%26 Jul 2024· Unknown
Insufficient evidence available to determine the cause of the abnormal price drop.
Held by 21 ETFs
Of every $10,000 in each fund, how much is in BGL today.
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$800.80%
- ISOiShares S&P/ASX Small Ordinaries ETF$800.80%
- VSOVanguard MSCI Australian Small Companies Index ETF$400.40%
- OZRSTATE STREET SPDR S&P/ASX 200 RESOURCES ETF$300.30%
- QREBetaShares Australian Resources Sector ETF$290.29%
- MTUMBetaShares Australian Momentum ETF$290.29%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$240.24%
- IESGiShares Core MSCI Australia ESG ETF$200.20%
- VETHVanguard Ethically Conscious Australian Shares ETF$190.19%
- GEARBetaShares Geared Australian Equities Complex ETF$190.19%
Why did BGL fall 21.8% on 15 Apr 2025?
Bellevue Gold
A weak quarterly report forced Bellevue Gold to raise A$156 million via a placement at a discount, triggering a sharp share price drop and takeover speculation.
The news articles from April 14-15, 2025 specifically mention Bellevue Gold's $156m capital raise and weak quarter, which align directly with the date and magnitude of the price drop. A capital raise typically causes dilution and a discounted placement price, explaining the 21.8% decline. Takeover talk is mentioned but the primary driver is the equity raise necessitated by poor hedging outcomes.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
News coverage
What it did to the 21 ETFs holding BGL
On $10,000 in each fund, at the weight it holds today
- SSO0.80% of the fund−$18
- ISO0.80% of the fund−$17
- VSO0.40% of the fund−$9
- OZR0.30% of the fund−$7
- QRE0.29% of the fund−$6
- MTUM0.29% of the fund−$6
- EX200.24% of the fund−$5
- IESG0.20% of the fund−$4
- VETH0.19% of the fund−$4
- GEAR0.19% of the fund−$4
The 10 that hold it most. All 21 are listed on the page under Held by.