The S&P/ASX 200 Index (ASX: XJO) has climbed 1.12% in early afternoon trade on Tuesday. Over the year to date, the index has risen 1.71% and it's 5.93% higher than this time last year. The index increase is decent, but some ASX shares have significantly outperformed.
Here are the top three performers over the past 12 months, and each of them has posted gains of over 200%!
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Droneshield Ltd (ASX: DRO)
At the time of writing on Tuesday afternoon, Droneshield shares are up 6.52% to $3.68 a piece. That translates to a 10.36% year-to-date increase and has pushed the stock price a huge 492.74% above where it was this time last year.
The counter-drone technology company has been firmly in the spotlight over the past six months. Its share price spiked to an all-time high in October before crashing 74% over the next six weeks. The trading price is now 44% below that previous peak, but analysts are bullish that the ASX 200 company's share price will keep on climbing this year.
The business is robust; it posted a strong quarterly result last week, and it has a fantastic growth strategy in place for 2026.
The team at Bell Potter recently said that the company's sales growth was stronger than it had expected, giving it a competitive advantage going forward.
Resolute Mining Ltd (ASX: RSG)
Resolute Mining shares are 4.44% higher at $1.34 a piece at the time of writing. For the year to date, the shares are up 8.23% and they're now an impressive 253.16% above trading levels this time 12 months ago.
The ASX 200 mining stock reached a seven-year high of $1.50 a piece late last week and delivered very strong fourth-quarter results the week prior.
The robust results support the potential for more share price gains going forward, too. TradingView data shows analysts have a buy consensus on the shares, with a maximum target price of $250 a piece. That implies a potential 85.63% upside for investors at the time of writing.
Westgold Resources Ltd (ASX: WGX)
The Westgold share price has climbed 1.08% in early afternoon trade on Tuesday. At the time of writing, the shares are changing hands at $7.08 each. For the year to date, the gold miner's shares have climbed 9.69% and over the year, they've surged 213.05%.
The ASX 200 company and its shares have ridden the wave of the latest gold price rally. Meanwhile, the miner also revealed record gold production and a doubling of its cash build for the December quarter.
The team at RBC Capital Markets think Westgold shares have more room to run, too. The broker gives the stock a buy rating with a price target of $7.80, which implies a potential 10.2% increase this year, at the time of writing.
