S&P/ASX All Ords (ASX: XAO) shares rose strongly by 2.67% during September.
This was somewhat unusual by historical standards, as September is often a weak month for ASX shares.
However, investors certainly welcomed the reversal of historical trends!
Meanwhile, analysts on CommSec raised a bunch of ASX shares to 'strong buy' status last month.
In this article, we take a look at five of those picks from the ASX All Ords index.
5 ASX All Ords shares upgraded to 'strong buy' ratings
Boss Energy Ltd (ASX: BOE)
The Boss Energy share price is currently $3.39, up 2.89% for the day.
The uranium explorer released a positive production update for its Honeymoon Uranium Mine in South Australia at the beginning of the month.
The company said the commissioning and ramp-up to steady-state production were proceeding according to plan.
Boss Energy's first NIMCIX production column also achieved nameplate uranium production, which managing director Duncan Craib described as a "pivotal point" in the project's development.
The ASX All Ords energy share is down 20.5% in the year to date.
Select Harvests Ltd (ASX: SHV)
The Select Harvest share price is steady at $3.68 on Tuesday.
Last month, the almond producer completed an institutional equity raising that netted about $61.7 million.
Management said there was significant demand from both existing and new shareholders. Institutional shareholders took up approximately 72% of their entitlements.
The retail component of the equity raising is expected to raise approximately $18.3 million. The retail booklet was lodged last week.
The proceeds of the equity raising will be used to repay some debt and raise processing capacity.
This ASX All Ords consumer staples share is up 27.3% in the year to date.
Firefly Metals Ltd (ASX: FFM)
The FireFly share price is $1.07, up 0.47% on Tuesday.
Last month, the copper-gold explorer reported more high-grade assay results and new high-grade copper zones at its Green Bay Copper-Gold Project in Canada.
The company also completed a $65 million institutional share placement at 95 cents per share.
At the time, that represented a 9.1% discount to the last closing price of $1.045 on 23 September.
This ASX All Ords copper share is up 67.2% in the year to date.
WA1 Resources Ltd (ASX: WA1)
The WA1 Resources share price is currently $14.82, down 1.72% for the day.
In September, the company announced it had signed a negotiation protocol with Tjamu Tjamu (Aboriginal Corporation) RNTBC. That's the native title representative body for the Kiwirrkurra People.
The protocol relates to WA1's 100%-owned West Arunta Project in Western Australia.
The ASX All Ords mineral explorer is up 16% in the year to date.
Ora Banda Mining Ltd (ASX: OBM)
The Ora Banda Mining share price is 62 cents, down 1.6% for the day.
Last month, Ora Banda released an update on its Riverina and Sand King underground mines at the Davyhurst Gold Project.
The news included expectations of first development ore at Sand King in the December quarter.
The company aims to increase its annual production from 77,084 ounces now to between 140,000 and 160,000 ounces in FY26. The update sent the ASX All Ords stock 3.57% higher.
Ora Banda was the top-performing ASX All Ords gold share of FY24, up 162% to 34 cents by 30 June.
As my colleague Bernd reported, the miner enjoyed tailwinds from strategic asset sales, promising exploration results, and a $30 million capital raise to advance Sand King operations.
The ASX All Ords mining share is up 146% in the year to date.
