Zacks Small-Cap Research Initiates Coverage on Nasdaq listed Blue Gold Limited

Rhea-AI Summary

Blue Gold (Nasdaq: BGL) announced that Zacks Small-Cap Research initiated independent equity research coverage on Dec. 3, 2025, assigning a price target of $20.00. The report describes Blue Gold as a vertically integrated gold fintech and technology company. The full Zacks report is available on the Zacks website. This initiation provides a new third-party analyst valuation and broader institutional visibility for shareholders and the market.

- Zacks Small-Cap Research and Senior Analyst Tom Kerr, CFA, today initiated independent research coverage of Blue Gold Limited 

- Initiation of Vertically Integrated Gold Fintech Company with A Price Target Of $20.00

NEW YORK, NY, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL) (“Blue Gold” or the “Company”), a next-generation gold development and technology company, today announced that Zacks Small-Cap Research ("Zacks") has initiated equity research coverage on the Company. The full equity research report is available on the Zacks website.

About Blue Gold Limited
Blue Gold Limited (Nasdaq: BGL) is a next-generation gold development company focused on acquiring and aggregating high-potential mining assets across strategic global jurisdictions. The Company’s mission is to unlock untapped value in the gold sector by combining disciplined resource acquisition with innovative monetization models, including asset-backed digital instruments. Blue Gold is committed to responsible development, operational transparency, and leveraging modern financial technologies to redefine how gold is produced, accessed, and owned in the 21st century.

Blue Gold prioritizes growth, sustainable development, and transparency in all our business practices. We believe that our commitment to responsible mining will enable us to create value for our shareholders while minimizing our environmental footprint.

Link to Report: Zacks website

Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor for forward-looking statements provided by Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on these forward-looking statements, which are current only as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Important factors that could cause actual results to differ materially from those discussed or implied in the forward-looking statements include, but are not limited to: general economic or political conditions; negative economic conditions that could impact Blue Gold Limited and the gold industry in general; reduction in demand for Blue Gold Limited's products; changes in the markets that Blue Gold Limited targets; and any change in laws applicable to Blue Gold Limited or any regulatory or judicial interpretation.  As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. These and other important factors and risks are discussed in Blue Gold Limited’s shell company report on Form 20-F, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 1, 2025, and other filings with the SEC.  In light of these risks, uncertainties, and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results, and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events, or otherwise. For more information regarding Blue Gold Limited, please visit https://bluegoldmine.com.

No Offer or Solicitation
This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption.

For Further Information Contact:
Tavistock Communications
BlueGold@tavistock.co.uk
+44 20 7920 3150

Skyline Corporate Communications Group, LLC
Scott Powell, President
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: info@skylineccg.com

FAQ

What did Zacks announce about Blue Gold (BGL) on Dec. 3, 2025?

Zacks Small-Cap Research initiated independent coverage of Blue Gold (BGL) on Dec. 3, 2025 and published a report with a $20.00 price target.

How does the Zacks initiation affect Blue Gold (BGL) investors?

The initiation provides a new analyst valuation and may increase visibility among investors and research subscribers.

Where can investors read the full Zacks report on Blue Gold (BGL)?

The full equity research report is available on the Zacks website according to the company announcement.

What price target did Zacks give Blue Gold (NASDAQ: BGL)?

Zacks assigned a $20.00 price target to Blue Gold in its initiation report.

Does the Zacks initiation change Blue Gold's business operations?

No operational changes were announced; the news relates to third-party research coverage and valuation only.