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Blue Lagoon Resources Inc. Stock AnalysisComprehensive stock analysis for Blue Lagoon Resources Inc. (BLLG.CN) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisBLLG.CN
BLLG.CN
Blue Lagoon Resources Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
BLLG.CN
Home🔹Stocks🔹Blue Lagoon Resources Inc.

Blue Lagoon Resources Inc.

FRC Coverage
BLLG.CN•CNQ

Blue Lagoon Resources Inc.

FRC Coverage
BLLG.CN•CNQ
Sentiment

Your view on BLLG.CN

Sentiment
Your view
BLLG.CN
Blue Lagoon Resources Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
BLLG.CN
Company Overview

Overview

What the company does, where it operates, and who runs it.

*Blue Lagoon Resources Inc. has paid FRC a fee for research coverage and distribution of reports.

About Blue Lagoon Resources Inc.

Industry
Gold
Sector
Basic Materials
CEO
Rana Gurvinder Vig
Headquarters
750 West Pender Street Suite 1200, Vancouver, BC, CA
Industry
Gold
Sector
Basic Materials
CEO
Rana Gurvinder Vig
Headquarters
750 West Pender Street Suite 1200, Vancouver, BC, CA
Description

Blue Lagoon Resources Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold deposits. The company holds 100% interests in the Dome Mountain project covering an area of 22,000 hectares located in the town of Smithers, northwest British Columbia. It also holds interest in the Pellaire gold project, which consists of 13 contiguous claims covering an area of 7119.69 hectares located in the Chilcotin range of south-central British Columbia. In addition, the company holds the Big Onion project, that includes 15 contiguous mineral claims covering an area of 4,810 hectares in northwest British Columbia.

FRC Research
Buy
Fair Value Estimate
CAD$1.74

Transitions into a Revenue- Generating Gold Producer

Report · Jan 16, 2026

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FRC Research
Buy
Fair Value Estimate
CAD$1.74

Transitions into a Revenue- Generating Gold Producer

Report · Jan 16, 2026

Sign in to view

FRC Research

Research Reports

FRC analyst coverage and recommendations.

Past Reports

Historical coverage archive.

Analyst Notes

Ongoing commentary and updates from FRC analysts.

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks the stock is worth vs. the current price.

FRC's fair value estimate for Blue Lagoon Resources Inc., and the rating behind it. BLLG.CN last traded at C$0.81; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Blue Lagoon Resources Inc.. Starting points for Blue Lagoon Resources Inc.: EPS -C$0.05, beta 0.75 — an Gold name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Blue Lagoon Resources Inc.. Blue Lagoon Resources Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Blue Lagoon Resources Inc.. Trailing twelve-month EPS for Blue Lagoon Resources Inc. stands at -C$0.05. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Blue Lagoon Resources Inc.. Blue Lagoon Resources Inc. has reported as a listed company since 2019. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Blue Lagoon Resources Inc. valued side by side against its closest peers. Blue Lagoon Resources Inc. is measured against Gold peers within the Basic Materials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Which funds and firms own the stock.

Which institutions hold Blue Lagoon Resources Inc., and how their positions are changing. At a C$117.1M market value, institutional positions materially move Blue Lagoon Resources Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.

Insider Trading

Recent buying and selling by company executives.

Buying and selling by Blue Lagoon Resources Inc. executives and directors. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.

Senate Trading

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Blue Lagoon Resources Inc.. Blue Lagoon Resources Inc. is a C$117.1M Basic Materials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely.

House Trading

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Blue Lagoon Resources Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Blue Lagoon Resources Inc.. Coverage tracks Blue Lagoon Resources Inc. within Gold (Basic Materials). Press releases and market coverage, newest first.

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Research Reports

3 reports

*Blue Lagoon Resources Inc. has paid FRC a fee for research coverage and distribution of reports.

Jan 16, 2026

Transitions into a Revenue- Generating Gold Producer

Explore Blue Lagoon Resources Inc.'s potential gold production and resource expansion at Dome Mountain, with insights on EBITDA and market trends.

Thumbnail for Transitions into a Revenue- Generating Gold Producer
Jul 22, 2025

Dome Mountain Mine – Site Visit Report

FRC’s site visit to BLLG’s Dome Mountain mine reveals community support and operational progress. Read the full report for insights.

Thumbnail for Dome Mountain Mine – Site Visit Report
Jul 7, 2025

All Set to Reopen High-Grade Gold Mine in B.C.

Blue Lagoon Resources reopens high-grade Dome Mountain gold mine in B.C., targeting Q4-2025 production. Strong cash flow, M&A potential. Learn more.

Thumbnail for All Set to Reopen High-Grade Gold Mine in B.C.
1 report
Feb 11, 2023

Near-Term Production Potential With Exploration Upside in B.C.

PDF
5 notes

*Blue Lagoon Resources Inc. has paid FRC a fee for research coverage and distribution of reports.

Apr 20, 2026·4 months agoLatest
Company Announcement

Ramps up production at the Dome Mountain mine in B.C.

FRC Analyst's Comment

BLLG has reached a key operational milestone at Dome Mountain, achieving consistent production of 100 tonnes per day (tpd), and progressing toward its 150 tpd target. The company has doubled its underground workforce, and expanded equipment, to support higher output, while already generating ~$5-$6M in concentrate sales to date.

This update signals a clear transition into steady-state production. We believe BLLG could potentially process 40,000–50,000 tpy in its first year, producing 12–15 Koz of gold. First-year EBITDA is estimated at $30-$40M. 

Apr 20, 20264 months agoLatest
Feb 23, 2026·5 months ago
Company Announcement

Completes second gold & silver sale

FRC Analyst's Comment

BLLG has completed its second gold and silver sale from the Dome Mountain project in B.C., receiving a $1.4M advance for 1,000 tonnes of mineralized material delivered to its milling partner, Nicola Mining (TSXV: NIM). We believe BLLG could potentially process 40,000–50,000 tpy in its first year, producing 12–15 Koz of gold. First-year EBITDA is estimated at US$24–$30M, implying an EV/EBITDA of 2.85x, below the sector average of 6.62x, suggesting the company’s shares are relatively inexpensive compared to its peers. 

Feb 23, 20265 months ago
Jan 5, 2026·7 months ago
Company Announcement

Sells ~$1M of gold and silver

FRC Analyst's Comment
Positive – BLLG has completed its first gold and silver sale from the Dome Mountain project in B.C., receiving a $1M advance for 1,000 tonnes of mineralized material delivered to its milling partner, Nicola Mining (TSXV: NIM). Final settlement is expected following processing, with grades and metal recoveries to be confirmed. Becoming a revenue-generating company is an important step, as the market generally assigns higher value to producers. We believe BLLG could potentially process 40,000–50,000 tpy in its first year, producing 11–14 Koz of gold. First-year EBITDA is estimated at US$23–29M, implying an EV/EBITDA of 3.1x, below the sector average of 4.6x, suggesting the company’s shares are relatively inexpensive compared to its peers. Read our full site visit report here.
Jan 5, 20267 months ago
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