The outperforming Aussie miner in question is New Murchison Gold Ltd (ASX: NMG).

New Murchison shares closed on Monday trading for 4.9 cents apiece. If you were able to turn the calendar back one year to 5 May 2025, you could have picked up shares at market close for just 1.6 cents each.

That sees this ASX All Ords gold stock up a whopping 206.3% in 12 months. Or enough to turn an $8,000 investment into $24,500.

And according to the team at Taylor Collison, New Murchison is well-positioned to deliver further outperformance.

Here's why.

ASX All Ords gold stock on the growth path

New Murchison reported its March quarter results on 28 April.

"We are very pleased to report on our second full quarter of production and to demonstrate continued strong operational performance," New Murchison CEO Alex Passmore said.

He noted that over the quarter, the ASX All Ords gold stock consolidated its operations at its Crown Prince gold mine, located in Western Australia.

Over the three months, the miner generated $63.6 million in cash from sales of 173,174 tonnes of ore containing 16,660 ounces of gold.

Looking ahead, Passmore said:

Exploration of NMG's tenement package accelerated with the initial focus on near-mine opportunities. Exploration is continuing to build a great foundation for NMG's development pipeline throughout our highly prospective Murchison gold fields tenement package.

Why Taylor Collison is bullish on New Murchison Gold

Following New Murchison's quarterly release, Taylor Collison said:

The A$63.6m quarterly build takes the balance sheet to A$155.6m, which we forecast to exceed A$200m by EOFY26. This removes equity dilution risk from any of the strategic pathways on the table

The broker noted that the ASX All Ords gold stock's cash balance is impressive relative to its current market cap.

According to Taylor Collison:

With no debt, no hedging and a cash balance approaching ~$190m vs ~$530m market cap, we think NMG looks undervalued vs it peers as it is now a proven producer that has genuine optionality across UG development, regional satellite pits, a standalone processing solution, or value-accretive M&A, with the late-May resource update and June UG feasibility plan as near-term catalysts to firm up the first two pathways. We continue to view Crown Prince as a platform asset rather than a single-pit story…

Then there's the potential of some passive income payouts down the road.

Taylor Collison added:

With NMG now paying tax and generating franking credits, capital return via a special dividend or formal dividend policy also emerges as a credible option should management elect to prioritise shareholder returns over reinvestment.

Connecting the dots, the broker reaffirmed its speculative buy rating on the ASX gold share with a price target of 6.8 cents a share.

That's more than 38% above New Murchison Gold's closing price on Monday.

The post Up 206% in a year, why this ASX All Ords gold stock is tipped to keep racing higher appeared first on The Motley Fool Australia.

The fast-rising miner in question is New Murchison Gold Ltd (ASX: NMG).

New Murchison Gold shares closed yesterday trading for 4.6 cents. In early morning trade on Tuesday, shares are changing hands for 4.9 cents apiece, up 6.5%. 

This sees shares in the ASX All Ords gold stock up an impressive 188.2% since this time last year, well ahead of the 15.5% 12-month gains posted by the All Ords.

New Murchison is catching some tailwinds today from an uptick in the gold price overnight amid news that the US and Iran are mulling a second round of negotiations. Gold is currently trading for US$4,758 per ounce.

Here's what else is piquing investor interest today.

ASX All Ords gold stock jumps on high-grade intercepts

Investors are bidding up New Murchison shares following the release of a new batch of promising exploratory drilling results.

The ASX All Ords gold stock has been conducting a reverse circulation (RC) drilling campaign at the Crown Prince East Pit prospect. That's a satellite deposit at New Murchison's flagship Crown Prince Gold Mine, located in Western Australia.

This morning, management reported on new high-grade gold intercepts, which they said have delineated additional mineralisation within the designed pit outline of the Crown Prince East Pit.

For the geologically inclined, management noted:

CP East is centred on a mineralised dilational zone in the local mafic unit (foliated basalt and dolerite). This zone hosts a set of sub parallel southerly dipping lodes which host gold mineralisation in quartz carbonate veins.

New Murchison's latest exploration program consisted of 49 RC holes totalling 5,365 metres, as well as two diamond holes, which were drilled to ascertain structural data.

Among the top results, the ASX All Ords gold stock reported 18 metres at 10.3 grams of gold per tonne from 54 metres, including 6 metres at 29.3 grams of gold per tonne from 65 metres from one hole.

A second hole returned 12 metres at 10.3g/t Au from 34 metres, including 1 metre at 42.2g/t Au from 36 metres.

"These encouraging results open the opportunity of proving up additional reserves within the close proximity of the current Crown Prince Gold Operations," management noted.

What's been happening with New Murchison Gold?

New Murchison Gold released its December quarter update on 21 January.

In its first full-quarter of production, the ASX All Ords gold stock sold 184,746 dry tonnes of crushed ore, representing 22,766 ounces of gold, to the Westgold Resources Ltd (ASX: WGX) Bluebird gold processing facility.

As at 31 December, New Murchison held $92 million in cash.

The post Up 188% in a year, why is this ASX All Ords gold stock surging again on Tuesday? appeared first on The Motley Fool Australia.

Four ASX shares that are rising more than most today are listed below. Here's why they are pushing higher:

Electro Optic Systems Holdings Ltd (ASX: EOS)

The EOS share price is up 11% to $11.12. On Monday, this defence and space company announced an agreement to acquire the MARSS counter-drone command and control business. It is a Europe-based provider of advanced software and AI systems used to detect, track, and respond to drone threats. EOS agreed an upfront cash amount of US$36 million (A$54 million) with a potential earn-out consideration of up to 100 million euros (A$174 million). This extra consideration is linked to how many new third-party contracts MARSS secures over the earn-out period.

Elevra Lithium Ltd (ASX: ELV)

The Elevra Lithium share price is up 9% to $9.98. This may have been driven by a broker note out of Macquarie Group Ltd (ASX: MQG). Its analysts have retained their outperform rating on the lithium miner's shares with an improved price target. The broker lifted its valuation to reflect higher than expected lithium prices. Though, with its price target now at $8.50 (from $7.00), Elevra Lithium's shares are trading comfortably ahead of this.

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas share price is up 2.5% to $15.16. This is despite the rare earths producer revealing that its CEO, Amanda Lacaze, is retiring after 12 years in the role. Lynas' chair, John Humphrey, remains positive on the company's outlook despite the exit. He said: "It is thanks to Amanda's hard work, drive and tenacity that Lynas is today a leading rare earths producer and critical supplier to global manufacturing supply chains. Under Amanda's leadership, the company's production and operating footprint has grown and our market value has increased from around $400 million in 2014 to close to $15 billion. This provides an excellent foundation for the company's continued growth and development."

New Murchison Gold Ltd (ASX: NMG)

The New Murchison Gold share price is up 10% to 5.6 cents. This morning, this gold miner announced high grade gold results from a reverse circulation drill program at the Lydia Gold Prospect. New Murchison Gold's CEO, Alex Passmore, commented: "We are very pleased to provide this exploration update including high grade results for the Lydia gold prospect. Lydia sits on a granted mining lease very close to the Crown Prince Operation. We believe we can leverage off existing infrastructure (offices, maintenance facility, crusher, and sampling preparation facility) to bring Lydia online relatively quickly. NMG is working towards including Lydia into its resources and reserves inventory."

The post Why EOS, Elevra, Lynas, and New Murchison Gold shares are pushing higher today appeared first on The Motley Fool Australia.

New Murchison Gold shares closed yesterday trading for 5.1 cents. In morning trade on Tuesday, shares are changing hands for 5.5 cents apiece, up 7.8%.

That sees shares in the Aussie gold miner up a whopping 450% since this time last year, smashing the 8.2% returns delivered by the benchmark index.

Here's what's catching investor interest again today.

ASX All Ords gold stock jumps on promising assays

New Murchison Gold shares are surging after the company announced high grade gold results from a recently completed reverse circulation (RC) drill program. The miner drilled 33 RC holes totalling 2,920 metres.

The ASX All Ords gold stock said the exploratory drill campaign has delineated additional mineralisation within the Lydia shear zone and extended the known depth and strike of the main mineralised structure.

Management expects this will open up the opportunity to prove up additional reserves close to the miner's current Crown Prince Gold Operations. The Crown Prince Gold Mine is New Murchison's flagship asset, located in Western Australia.

The results indicated that the gold mineralisation intercepted at Lydia is similar to the Crown Prince deposit, and the shear zone is around 20 metres to 25 metres in thickness.

What did management say?

Commenting on the exploration results lifting the ASX All Ords gold stock today, New Murchison Gold CEO Alex Passmore said, "We are very pleased to provide this exploration update including high grade results for the Lydia gold prospect."

Passmore added:

Lydia sits on a granted mining lease very close to the Crown Prince Operation. We believe we can leverage off existing infrastructure (offices, maintenance facility, crusher, and sampling preparation facility) to bring Lydia online relatively quickly. NMG is working towards including Lydia into its resources and reserves inventory.

What's been happening with the ASX All Ords gold stock?

2025 was a milestone year for New Murchison Gold, with the miner transitioning from a developer to a producer following the first gold production from the Crown Prince Gold Project in the September quarter.

Commenting on the ASX All Ords stock's progress on 28 October, Passmore said:

The strong operational start, supported by an efficient ramp-up of mining and processing activities, provides a solid foundation for sustained production in the months ahead.

Importantly, ongoing exploration continued to deliver excellent results both at depth beneath the current pit base and regionally across the Abbotts Belt, reinforcing the scale and quality of our current asset base.

The post Up 450% in a year, ASX All Ords gold stock leaping higher again today on exploration results appeared first on The Motley Fool Australia.

The brightly shining company in question is New Murchison Gold Ltd (ASX: NMG).

New Murchison Gold shares are slipping today, down 2.4% to trade for 4.0 cents apiece.

Still, that sees shares in the ASX All Ords gold stock up a very impressive 300% in 2025. Or enough to turn a $10,000 investment into $40,000.

And the analysts at Taylor Collison believe it's not yet overpriced, issuing a speculative buy rating on New Murchison Gold shares towards the end of November.

"We see NMG as an emerging gold producer in Western Australia, underpinned by its initial production from the high-grade Crown Prince open pit in the Murchison region," the analyst noted.

Here's why they like this junior Aussie gold miner.

Should you buy the ASX All Ords gold stock today?

The first reason you may want to buy this ASX All Ords gold share today is the strong potential and strong start at Crown Prince.

"We see Crown Prince's high-grade feed as the centre of the story. It delivers strong margins, supporting early cash generation," Taylor Collison noted.

Noting the miner's "impressive first quarter performance", the broker said:

Crown Prince's first quarter delivered 3.2koz of gold sales and showed the operation can generate high margins from the outset. Open-pit mining produced 9.9koz at 1.92g/t, including a 7.6koz parcel grading 3.8g/t sold to Westgold Resources Ltd (ASX: WGX)  under the OPA…

In our view, this recent performance firmly supports the grade profile and consistency of Crown Prince, giving us confidence in the team and the ore body going forward.

The second reason this ASX miner could continue to amply reward shareholders is its planned underground gold mine at Crown Prince.

"We see the underground Scoping Study for Crown Prince, due late 2QFY26, as the most important technical milestone ahead," Taylor Collison noted.

The broker added:

We expect it to test gold continuity below the current pit shell and define the framework for a realistic underground operation. Our view is that NMG would only commit if resources exceed ~300koz, which we believe will be achieved and therefore, have used in our EV/oz-based valuation.

Which brings us to the third reason you might want to buy this surging ASX All Ords gold stock today. Namely the miner's strong cash flow and growth potential.

According to Taylor Collison:

The combination of a successful start to mining and a heightened gold price has left NMG in an impressive financial position. We forecast NMG to have >$100m (TCe) in cash by end of FY26, providing it with capacity to fund any development workstreams for either the UG or satellite OP deposits.

This adds to the investment thesis as it reduces funding risk for any future growth initiatives.

Clear upside to New Murchison Gold share price target

Taylor Collison has a price target of 4.1 cents on the ASX All Ords gold stock. Now, that's only 2.5% above current levels.

But the broker noted that there's a "clear upside to our valuation".

Taylor Collison concluded:

Our valuation only incorporates the Crown Prince OP production scenario and does not take into account the potential upside from the development of other open pits or the underground prospect below the current OP.

We view these as the biggest catalysts to the valuation in the future and expect them to have a positive impact on the share price.

The post Up 300% this year, 3 reasons to buy this ASX All Ords gold stock today appeared first on The Motley Fool Australia.

At the time of writing, the gold price is US$4,148 per ounce, up 0.8% today and up 57% in the year to date.

Trading Economics analysts said the gold price hit a three-week high on expectations of another interest rate cut in the US.

The analysts said growing economic uncertainty in the US had increased the likelihood of a rate cut.

The US Government has been shut down for 40 days now.

Meantime, new data shows job losses in the US economy last month, particularly in government and retail sectors.

On top of that, US consumer sentiment has fallen to a three-and-a-half-year low.

The analysts commented:

Traders are pricing in about a 64% chance of a 25-basis-point Fed cut in December, with Fed Governor Stephen Miran advocating a larger half-point reduction amid falling inflation and rising unemployment.

Meantime, America's biggest bank, JPMorgan, now projects the gold price could surpass US$5,000 per ounce next year.

JPMorgan isn't alone in its optimistic predictions.

French bank Societe Generale SA also says the gold price will reach US$5,000 per ounce by the end of next year.

Goldman Sachs is tipping US$4,900 per ounce by the end of 2026.

ASX gold shares surge on Tuesday

The S&P/ASX All Ordinaries Gold Index (ASX: XGD) is up 2.63% today, while the S&P/ASX All Ords Index (ASX: XAO) is down 0.09%.

The market's biggest ASX gold share, Northern Star Resources Ltd (ASX: NST), is trading 3.45% higher at $26.06.

The Evolution Mining Ltd (ASX: EVN) share price is up 1.9% to $11.29.

Newmont Corporation CDI (ASX: NEM) shares are 4.29% higher at $136.47.

The Genesis Minerals Ltd (ASX: GMD) share price is $6.24, up 3.48% today.

Perseus Mining Ltd (ASX: PRU) shares are $5.18, rising 3.1%.

Westgold Resources Ltd (ASX: WGX) shares are up 0.87% to $5.77.

Perth Mint Gold (ASX: PMGOLD) shares are up 2.27% to $63.15.

Among the ASX small-cap gold shares, Barton Gold Holdings Ltd (ASX: BGD) shares are up 7.14% to $1.20.

New Murchison Gold Ltd (ASX: NMG) shares are 6.1% higher at 3.5 cents apiece.

The Kingsgate Consolidated Ltd (ASX: KCN) share price is up 3.1% to $4.65.

The Golden Horse Minerals Ltd CDI (ASX: GHM) share price is up 4.9% to 75 cents.

Black Cat Syndicate Ltd (ASX: BC8) shares are up 5.39% to $1.08.

The Dateline Resources Ltd (ASX: DTR) share price is up 0.69% to 29 cents.

What about ASX gold ETFs?

Among the gold exchange-traded funds (ETFs), Betashares Global Gold Miners Currency Hedged ETF (ASX: MNRS) is up 4.1% to $13.59 per unit.

MNRS seeks to mirror the performance of the Nasdaq Global ex-Australia Gold Miners Hedged AUD Index and invests in 56 stocks.

The VanEck Gold Miners AUD ETF (ASX: GDX) is up 3.7% to $117.85 per unit.

The GDX ETF tracks the NYSE Arca Gold Miners Index (AUD) and invests in 63 stocks.

Global X Physical Gold ETF (ASX: GOLD) is up 2.35% to $58.26 per unit.

The GOLD ETF seeks to mirror the growth in the Australian dollar gold price.

The post Why are ASX gold shares and ETFs soaring today? appeared first on The Motley Fool Australia.

New Murchison Gold shares are up 6.3% at the time of writing, trading for 3.4 cents apiece.

Here's what's grabbing ASX investor interest today.

ASX All Ords gold stock ramping up production

The New Murchison Gold share price is storming higher following a production update from the miner's Crown Prince Gold Mine, located in Western Australia.

On 8 September, the ASX All Ords gold stock reported that the first gold bearing ore had been crushed, assayed, and stockpiled at Crown Prince. New Murchison then trucks the ore to Westgold Resources Ltd (ASX: WGX)'s Bluebird gold processing facility, 36 kilometres distant.

September's achievement marked the evolution of the gold explorer into a gold producer, following the decision to develop Crown Prince in June 2025.

So, development has been moving apace.

And today, the ASX All Ords gold stock confirmed that the pace of development remains on track after a strong second month of mining and crushing.

The miner said it is now fully ramped up with 60,877 dry tonnes of ore at an agreed grade of 3.95 grams of gold per tonne (g/t Au) trucked to the Bluebird gold processes facility.

New Murchison Gold noted that, in line with its Ore Purchase Agreement with Westgold, the agreed monthly recoverable gold ounces in ore trucked to Bluebird were 7,285 ounces. The related ore sales payment is due at the end of November.

What did management say?

Commenting on the ramp-up boosting the ASX All Ords gold stock, New Murchison CEO Alex Passmore said, "Our second month has completed the ramp up of the mine and with a concerted effort from our operations team with the support of Ozland Mining and MLG Crushing has exceeded expectations for our second month."

Passmore added:

We have a strong foundation for production in November. We are very pleased with the successful delivery of our first mine and while retaining focus on ongoing operations the company is now able to refocus our exploration effort to support future opportunities.

The foundation for November Passmore mentions involves the unreconciled production inventory on site at the end of October. This was reported to be approximately 37,900 wet tonnes of Crown Prince ore on the ROM awaiting crushing and approximately 11,200 wet tonnes of crushed high-grade product.

How has the ASX All Ords gold stock been tracking?

With today's intraday boost factored in, the New Murchison Gold share price is up 240% in 2025.

The post Up 240% this year, guess which ASX All Ords gold stock is lifting off again today appeared first on The Motley Fool Australia.

The gold price soared above US$4,000 per ounce for the first time in overnight trading on Wednesday (Australian time).

However, the materials sector's overall lead last week masked a substantial sell-off of ASX 200 gold shares on Friday.

Investors took profits on the final day of trading after the US dollar strengthened and Israel and Hamas agreed to a ceasefire.

The S&P/ASX All Ords Gold Index (ASX: XGD) rose 2.14% between Monday and Thursday, before plummeting 3.51% on Friday.

By comparison, the S&P/ASX 200 Index (ASX: XJO) fell 0.32% over the five trading days to close at 8,958.3 points on Friday.

Only four of the 11 market sectors finished the week in the green.

Let's recap.

ASX 200 gold mining shares sold off on Friday

The market's largest ASX 200 gold mining share, Northern Star Resources Ltd (ASX: NST), fell 1.47% over the week to close at $24.05.

The Evolution Mining Ltd (ASX: EVN) share price declined 0.46% to $10.93 on Friday.

Newmont Corporation CDI (ASX: NEM) shares fell 0.75% to $129.25.

Ramelius Resources Ltd (ASX: RMS) shares fell 4.5% to $3.82 while Genesis Minerals Ltd (ASX: GMD) lost 4.72% to close at $5.85.

The Perseus Mining Ltd (ASX: PRU) share price dropped 4.25% to $4.73.

Small-cap and mid-cap gold shares were a mixed bag..

ASX 200 newcomer Greatland Resources Ltd (ASX: GGP), rose 9.19% to close out the week at $8.08.

The Dateline Resources Ltd (ASX: DTR) share price fell 16.9% to 54 cents.

Kingsgate Consolidated Ltd (ASX: KCN) lifted 5.3% to $3.97.

Black Cat Syndicate Ltd (ASX: BC8) fell 5.3% to $1.34.

New Murchison Gold Ltd (ASX: NMG) shares rose 6.7% to 3.2 cents per share.

On Thursday, we discussed 7 ASX small-cap gold shares that have skyrocketed in 2025 as the gold price continues its run.

What about other ASX 200 mining shares?

The BHP Group Ltd (ASX: BHP) share price lifted 0.33% to $42.22.

The Fortescue Ltd (ASX: FMG) share price fell 0.67% to $19.16.

Rio Tinto Ltd (ASX: RIO) shares edged 0.07% higher to $125.15.

The Mineral Resources Ltd (ASX: MIN) share price leapt 8.7% to $44.14.

Pure-play copper share, Sandfire Resources Ltd (ASX: SFR) rose 7.9% to $16.13 on Friday.

Capstone Copper Corp (ASX: CSC) shares rose 5.6% to $14.20.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

The post ASX 200 gold shares sold off on Friday after gold price breaks through US$4,000 per ounce appeared first on The Motley Fool Australia.

At the time of writing, the gold price is US$4,011 per ounce, representing an astonishing 53% gain in the year to date.

The S&P/ASX All Ordinaries Gold Index (ASX: XGD) is up 98% in 2025 and smashed a new record of 16,969.9 points earlier today.

By comparison, the S&P/ASX All Ordinaries Index (ASX: XAO) has lifted just 9.5% over the same period.

Goldman Sachs says the gold price is receiving much support from central bank purchases, particularly in emerging markets.

A recent World Gold Council survey found 95% of central banks expect global gold holdings to continue increasing over the next year.

Of course, the strong commodity price is great news for the big ASX 200 gold shares.

The Northern Star Resources Ltd (ASX: NST) share price is up 60% in 2025, while Evolution Mining Ltd (ASX: EVN) is up 133%.

Newmont Corporation CDI (ASX: NEM) shares have lifted 120% in the year to date.

While that's impressive, the most spectacular gains are being seen among the ASX small-cap gold shares.

Here are some examples.

7 superstar ASX small-cap gold shares

Dateline Resources Ltd (ASX: DTR)

This ASX small-cap gold share has streaked into the stratosphere in 2025.

Dateline Resources shares have skyrocketed 9,600% in 2025 to trade at 48.5 cents apiece on Thursday.

Dateline Resources is an Australian-based company focused on gold mining and exploration targets in the United States.

The company owns 100% of the Colosseum Gold-REE Project in the Walker Lane Trend in East San Bernardino County, California.

This ASX small-cap gold share has a market capitalisation of $2.2 billion.

Dateline Resources lodged its response to an ASX price query today.

Barton Gold Holdings Ltd (ASX: BGD)

The Barton Gold share price has soared 412% higher in the year to date, trading at $1.28 on Thursday.

Barton Gold is a mineral exploration company in South Australia.

Its projects include Tarcoola, a brownfield open-pit mine, and Tunkillia, which has a 1.5Moz Au JORC Mineral Resource Estimate.

Barton Gold shares have a market capitalisation of $289 million.

New Murchison Gold Ltd (ASX: NMG)

New Murchison Gold shares have more than tripled in value in 2025.

The New Murchison Gold share price has soared 240% in the year to date to trade at 3.4 cents today.

New Murchison Gold is a mineral exploration company that owns substantial tenements in the Murchison goldfield in Western Australia.

This ASX small-cap gold share has a market capitalisation of $404 million.

Kingsgate Consolidated Ltd (ASX: KCN)

The Kingsgate share price has ripped 209% in the year to date, trading at $3.98 today.

Kingsgate is an Australian gold and silver producer and the owner and operator of the Chatree Gold Mine in central Thailand.

It also owns and operates the Nueva Esperanza Gold-Silver Project in the renowned Maricunga Belt in northern Chile.

Kingsgate Consolidated shares have a market capitalisation of $1.03 billion.

Yesterday, Kingsgate announced the highest quarterly production at Chatree since the restart.

A total of 23,922 ounces of gold and 205,841 ounces of silver were produced, representing an 18% quarterly increase in gold production.

Golden Horse Minerals Ltd CDI (ASX: GHM)

The Golden Horse share price has leapt 204% in the year to date, trading at 73 cents today.

Golden Horse is undertaking a regional strategy to define JORC resources and fast-track production across multiple gold prospects in Western Australia.

Golden Horse holds one of the largest land parcels in the renowned Southern Cross Greenstone Belt. Its flagship project is Hopes Hill.

This ASX small-cap share has a market capitalisation of $117 million.

Black Cat Syndicate Ltd (ASX: BC8)

Black Cat shares are up 144% in the year to date, trading at $1.39 today.

This Western Australian gold producer has a substantial and growing portfolio of high-grade projects in prime gold regions.

Its projects include the Paulsens Gold Operation in the Pilbara, the Kal East Gold Project east of Kalgoorlie, and the Coyote Gold Operation in the Western Tanami.

Black Cat achieved first gold at the Myhree open pit at Kal East in the second half of 2024, followed by first gold at Paulsens in December.

This ASX small-cap gold share has a market capitalisation of $989 million.

Black Cat gave investors an update on its progress at Kal East yesterday.

Meeka Metals Ltd (ASX: MEK)

The Meeka Metals share price is up 159% in the year to date, trading at 21 cents on Thursday.

Meeka Metals has a portfolio of high-quality fully-owned projects in Western Australia.

Its flagship mine is the Murchison Gold Project, which has a high-grade 1.2Moz at 3g/t Au Mineral Resource on granted mining leases.

Meeka Metals has a 10-year production plan in place for the Murchison Gold Project. The miner reported first gold in July.

The miner hopes to produce up to 76koz per annum (averaging 65koz per annum for the first seven years).

This ASX small-cap gold share has a market capitalisation of $605 million.

The post 7 ASX small-cap gold shares skyrocketing in 2025 appeared first on The Motley Fool Australia.

Here's what happening.

ASX shares posting new 52-week highs

Up first we have Farm Pride Foods Ltd (ASX: FRM).

Shares in the Aussie egg company are up 4.8% to 22 cents in very thin trade today.

This puts the ASX share up 83.3% in a year and trading at its highest levels since February 2022.

At the company's half-year results (H1 FY 2025), reported on 26 February, Farm Pride reported an after tax profit of $1.6 million, up from a loss of $920,000 in H1 FY 2024. Management noted this marked the first half-yearly profit the company had achieved since the financial year ending 30 June 2018.

The second ASX share hitting new 52-week plus highs despite today's sinking market is Australian Agricultural Co Ltd (ASX: AAC).

Shares in the Australian beef producer are up 0.3% today, changing hand for $1.535 apiece.

While that's a slender intraday gain, it sees the Australian Agricultural share price up 9.6% in a year and trading at the highest level since June 2023.

The last price-sensitive news from the ASX share was the release of its half-year results (H1 FY 2025).

Australian Agriculture reported a 17.0% year on year increase in revenue to $195.5 million and a statutory net profit after tax of $23.6 million, up from a loss of $105.5 million in H1 FY 2024. However, with operating profit margins sliding from 18.1% to 10.3%, operating profits fell 32.9% year on year to $20.2 million.

Rounding off the list of ASX shares shrugging off today's market sell-down to hit new 52-week highs is New Murchison Gold Ltd (ASX: NMG), formerly known as Ora Gold.

The New Murchinson Gold share price is up 7.7% to 1.4 cents a share, giving it a market cap of just over $108 million. This puts the share price up 40% in a year.

The ASX share closed up 33.3% on Monday following a promising exploration update from the Garden Gully Gold Project in Western Australia.

Commenting on the exploration results earlier this week, New Murchison Gold CEO Alex Passmore said:

While we caution that assays are awaited …we are pleased to report the strong visual indications of mineralisation in a key extensional area for the Crown Prince resource.

The post 3 ASX shares leaping to new 52-week highs in today's sinking market appeared first on The Motley Fool Australia.