The All Ordinaries Index (ASX: XAO) is up 4.74% in 2025, with these two ASX All Ords stocks doing a lot of the heavy lifting.
In a year that's seen the gold price surge from US$2,625 per ounce on 1 January to Wednesday's US$3,338 per ounce – marking a year-to-date gain of 27% – it may not come as much of a surprise that both of these fast-rising companies earn their keep digging the yellow metal from the ground.
So, which two ASX All Ords stocks would already have doubled your investment in 2025?
Read on!
Pantoro Gold shining bright
The first ASX All Ords stock I wish I'd bought at the start of the year, but didn't, is Pantoro Gold Ltd (ASX: PNR).
Now this one is a bit tricky, due to the company's 1-for-17 reverse stock split in April.
At the time, the miner noted that the new structure "reduces volatility resulting from short term trading and better reflects the company's market position with respect to production, cash flow and balance sheet strength".
So, we'll need to amend the January prices to reflect that each share trading at that time is worth the equivalent to 17 Pantoro Gold shares today. (Note, many stock tracking services have already made that adjustment.)
With that amendment in mind, on 2 January, I could have bought shares in the ASX All Ords stock for $1.55 apiece. Yesterday, those shares closed the day trading for $3.51 each. That sees this gold stock up 126% this calendar year.
Or enough to turn a $5,000 investment into $11,319.75.
On 1 May, Pantoro announced a major milestone, revealing it had repaid its last outstanding loans to be officially debt free.
ASX All Ords stock leading the pack
The second ASX All Ords stock that would have more than doubled your money already this year is Catalyst Metals Ltd (ASX: CYL).
On 2 January, Catalyst Metals shares closed the day trading for $2.60. On Wednesday, those same shares ended the day changing hands for $6.37 apiece. This sees shares in the Aussie gold miner up a tidy 145% year to date.
Or enough to turn a $5,000 investment into $12,249.51.
A lot has been going right for Catalyst Metals and its shareholders this year.
Most recently, on 16 May, the ASX All Ords stock enjoyed a big lift after reporting that it had received the final environmental approval from the Department of Energy, Mines, Industry Regulation and Safety to develop its Trident gold project, located in Western Australia.
Management said they now have all the required environmental approvals in place to commence gold mining at the project.
