S&P/ASX 200 Index (ASX: XJO) giants like BHP Group Ltd (ASX: BHP) and Westpac Banking Corp (ASX: WBC) have given investors decent returns over the past year. But there are some much smaller and lesser-known ASX shares which are earning investors a huge amount more money.
Dividend gains and passive income are one thing, but enormous returns are just as great for investors looking for a way to make cash. Here are two overlooked shares which have rocketed this year.
Dateline Resources Ltd (ASX: DTR)
Dateline Resources is an Australian-based gold and rare earth mining and exploration company focused in the United States. Its main projects include the Colosseum Gold-REE Project in California and the Gold Links Mine in Colorado. The company also has an interest in the Argos Strontium Project. The project focuses on strontium minerals used in magnets and pyrotechnics.
The ASX miner's shares are trading 7.14% higher on Thursday morning at 29 cents per share. Dateline Resources has seen some incredible share price growth recently. The stock is trading an explosive 9,733.33% higher than this time last year. That means just $500 invested 12 months ago is now worth $49,166.65!
It looks like the small-cap miner could have some good growth prospects too. It's important to note that the company has not defined a rare earths resource at Colosseum yet which is economically viable to mine. But it is currently conducting an evaluation of its gold system at the same site. This will determine if developing a gold mine is worthwhile or not. If it is, Dateline Resources could be set for even more growth.
Servcorp Limited (ASX: SRV)
Servcorp provides flexible workspace solutions like serviced offices, virtual offices, and coworking spaces in major cities around the world. Founded in Sydney, the company is able to offer businesses access to a professional and prestigious address, across 150 locations. It can also give IT and administrative support to help clients operate more flexibly and cost-effectively.
The ASX small-cap company's shares are trading 0.57% lower at the time of writing, at $7.02 a piece. Over the past month, the shares have slumped 4.62%, but over the year, they're still 43.27% higher.
Servcorp's shares have stormed higher at the same surprising rate as Dateline Resources, with its investors enjoying some robust gains over the past 12 months as the under-the-radar business continues strengthening.
The company recently posted record profits, rising free cash flow, and maintains a cash and investment balance north of $140 million. Shareholders have also been rewarded dividends of 28 cents per share in FY25, up 12% from the prior year and management has indicated that in FY26, payouts won't fall below 30 cents.
