This has prompted plenty of coverage from the team at The Motley Fool about where investors should be scooping up value shares.

In addition to plenty of shares that may have been oversold during March, there are also ASX stocks that ignored broader market negativity and powered ahead. 

Let's look at three that have flown higher in 2026 despite broader volatility.

4DMedical Ltd (ASX: 4DX)

For those who missed it, 4DX Medical was one of the best ASX stocks to own in 2025. 

It is a medical technology company working in the field of respiratory imaging and ventilation analysis in the treatment of lung and respiratory diseases.

The company's non-invasive lung imaging technology emanates from research work undertaken at Monash University. 

It is the first FDA-cleared respiratory imaging solution that uses mathematical models and algorithms to convert sequences of X-ray images into four-dimensional quantitative data.

In the last 12 months, this ASX stock has risen 2,000%. 

Yes, you read that right. 

While this rapid pace has slowed, it has still enjoyed a 39% rise year to date. 

For context, the S&P/ASX 200 Index (ASX: XJO) is up just 2.8% in the same period. 

So, where to now for this ASX stock?

Many holders would be considering profit-taking, while those on the outside looking in might have missed the boat. 

The Motley Fool's Samantha Menzies dove into this question recently, pointing out the gamble that some investors might be taking. 

It's possible this runaway train is now rising more on hype and hope rather than concrete earnings. 

Analysts forecasts via TradingView indicate it is now above fair value by approximately 34%. 

PLS Group Ltd (ASX: PLS)

PLS is an Australian lithium-tantalum producer positioning itself at the forefront of the rapidly growing global lithium industry.

While it hasn't been all smooth sailing, PLS shares are up 25% year to date and 283% in the last 12 months. 

Global lithium prices have been driving this growth, along with its dominant market position here in Australia. 

These drivers could continue to benefit this ASX 200 stock in the long term. 

However, 17 analyst forecasts via TradingView indicate that right now, it is trading close to fair value. 

Resolute Mining Ltd (ASX: RSG)

Resolute Mining is an Australia-based gold producer.

Like most gold stocks, it rallied throughout 2025. 

But while many other companies in the sector have fallen this year, Resolute Mining shares have continued to climb a further 17% in 2026. 

Unlike the previous ASX stocks mentioned, experts think Resolute Mining shares can continue to climb. 

7 analysts via TradingView have an average one-year price target of $2.13. 

This suggests a potential upside of 47% from current levels. 

The post Will these top-performing ASX stocks keep charging higher? appeared first on The Motley Fool Australia.

This optimistic session for the local markets followed a mixed start to the American trading week over on Wall Street in the early hours of this morning.

The Dow Jones Industrial Average Index (DJX: .DJI) managed to snatch a win from the jaws of defeat, rising by 0.11%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) wasn't so lucky, though, falling 0.73%.

But let's return to Australian shares now and take stock of how today's indecisiveness affected the various ASX sectors this session.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

Even geopolitical uncertainty and concerns about an economic downturn hasn't driven investors to what was once considered a safe-haven asset.

According to CNBC, the gold futures price spiked close to an all-time high of US$5,242 per ounce in early March. But the outbreak of the Iran war, a stronger US dollar, and interest rate hike concerns have weighed heavily on the gold price. 

On Monday, the gold price sank to US$4,407 per ounce, and while it has recovered some losses at the time of writing, it's still significantly lower than just three weeks ago.

Naturally, the downward price pressure of gold has seen ASX 200 gold stocks shed some of their value this month amid weakened demand.

But after strong price rallies, some ASX gold stocks are still trading significantly higher than this time last year.

Take Resolute Mining Ltd (ASX: RSG) for example. 

The ASX 200 gold stock is 5.2% higher at the time of writing, and changing hands for $1.32 a piece. 

Over the past month, the gold producer's share price has tumbled 10.5%, but for the year to date, its value is still up 5.8%, and it is currently trading a whopping 198.2% higher than this time just 12 months ago. 

That annual increase puts it as the fourth best performer on the S&P/ASX 200 Index (ASX: XJO) over the past year.

What drove Resolute Mining's shares higher?

Resolute Mining is an Australian-listed gold producer with operations in West Africa, including the Syama mine in Mali, and the Mako operation in Senegal. The ASX gold stock joined the ASX 200 Index in November.

The company's shares shot higher over the past 12 months on the back of record-high gold prices, feasibility milestones, and a significant increase in the company's gold production figures. 

Late last year, the gold producer's updated feasibility work at its Doropo gold project in Cote d'Ivoire revealed a larger project scope than expected. This could lift Resolute's long-term production profile once approvals and funding are in place.

In January, it posted a fourth-quarter update which revealed a 10% quarter-on-quarter increase in gold production, a 26% increase in operating cash flow, and a 31% decline in capital expenditure.

Resolute Mining said it expects production of 250,000 to 275,000 ounces of gold at an all-in sustaining cost (AISC) of $2,000 to $2,200 per ounce in 2026. That's much higher than the 277,236 ounces at an AISC of $1,843 per ounce in 2025.

What do analysts expect next from the ASX gold stock?

Despite the latest share price dip, analysts are incredibly bullish about the outlook for the ASX 200 gold miner over the next 12 months.

TradingView data shows that all seven analysts have a buy or strong buy rating on the gold producer's shares. The average target price is $2.17, which implies a 67% upside at the time of writing. Although some think the share price could rocket another 121% higher to $2.88 over the next 12 months.

The post This ASX 200 gold stock has rocketed 200% higher… and there is more to come appeared first on The Motley Fool Australia.

The gold price rose to record highs, and along with it, many ASX gold shares. 

These companies also benefited from its position as a safe-haven asset.

Tariff fears, geopolitical uncertainty and global conflicts influenced investors decisions to push towards safe-haven assets like gold. 

Leading the way in 2025 were: 

• Pantoro Gold Ltd (ASX: PNR) rose 220%
• Resolute Mining Ltd (ASX: RSG) shares climbed 206%
• Regis Resources Ltd (ASX: RRL) share price roared 196% 
• Genesis Minerals Ltd (ASX: GMD) shares increased 194%
• Perseus Mining Ltd (ASX: PRU), up 121%

Among the largest gold mining companies: 

• Northern Star Resources Ltd (ASX: NST) rose by 73% in 2025.
• Evolution Mining Ltd (ASX: EVN) shares climbed 164%
• Newmont Corporation CDI (ASX: NEM) shares increased 152%.

What is happening in 2026?

According to Trading Economics, gold prices have climbed more than 16% year to date. 

Although the continuing conflict in the Middle East has influenced volatility.

Despite global gold prices rising, many of these red hot ASX gold shares have stumbled in 2026. 

Let's look how the best performing shares from last year are tracking so far in 2026. 

The only one in the positive at the time of writing is Resolute Mining Ltd (ASX: RSG) which is up 12.9%. 

The other four: 

• Pantoro Gold Ltd (ASX: PNR) down 26% 
• Regis Resources Ltd (ASX: RRL) down 7.4%
• Genesis Minerals Ltd (ASX: GMD) down almost 15%
• Perseus Mining Ltd (ASX: PRU) has fallen 7.4%

Among the largest gold mining companies, since the start of 2026, Evolution Mining Ltd (ASX: EVN) is up 7% and Newmont Corporation CDI (ASX: NEM) is up 3%, while Northern Star Resources Ltd (ASX: NST) is down 15%. 

What does this tell us?

There's more that influences gold miners and producers than just the global commodity price. 

Gold miners and producers are influenced not just by the global gold price but also by operational performance, including production costs, mine efficiency, and reserves. 

Exploration success and new discoveries can boost a miner's value, while project delays or cost overruns can hurt it. 

Regulatory, environmental, and political risks in mining jurisdictions can affect production and investor confidence. 

Finally, currency fluctuations, interest rates, and investor sentiment in equity markets also play a significant role in share price movements.

Global diversity with gold ASX ETFS

For investors looking to gain exposure to gold shares, without selecting specific companies, may benefit from more diverse gold ETFs. 

These funds can spread the risk across more than just Australian gold miners. 

Some options include: 

• Etfs Metal Securities Australia – Etfs Physical Gold (ASX: GOLD) – Tracks the price of physical gold with bullion held in London vaults.
• BetaShares Global Gold Miners ETF – Currency Hedged (ASX: MNRS) – comprises the largest global gold mining companies (ex-Australia), hedged into Australian dollars.
• VanEck Vectors Gold Miners ETF (ASX: GDX) – Provides exposure to a basket of global and Australian gold mining companies rather than the metal itself.

Alternatively, here are emerging ASX gold companies UBS has picked as winners. 

The post Which ASX gold shares have risen the most in 2026? appeared first on The Motley Fool Australia.

Milestones ticked off

The company said the decision had followed extensive technical, economic, environmental, and social evaluations, as well as receipt of the mining permit from the Côte d'Ivoire government.

The company went on to say:

This milestone underpins the company's strategy to grow annual gold production above 500,000 ounces by the end of 2028 and validates the company's commitment to disciplined growth and generating shareholder value. The development of Doropo supports production over an initial mine life of approximately 13 years, with potential opportunities for expansion and value creation throughout the region.

Resolute released an updated definitive feasibility study (DFS) for Doropo in December, which showed that the mine would produce an average of 170,000 ounces of gold per year over 13 years, for a total of about 2.5 million ounces of gold.

The project is expected to produce gold at an all-in sustaining cost of US$1,406 per ounce, compared with the current spot price of gold, which is US$5,166.60.

The project is expected to cost US$516 million to construct, up from an earlier estimate of US$373 million, reflecting a larger-scale operation processing 4.9 million tonnes of ore per year, up from 4 million.

Resolute said in the DFS that in the first five years, Doropo was expected to generate EBITDA of US$364 million, and it was expected to pay itself back in 1.7 years.

Resolute Managing Director Chris Eger said regarding today's announcement:

This Final Investment Decision represents an important growth milestone for Resolute that advances our strategy to become a diversified gold producer, on track to achieve annual production of over 500 koz by the end of 2028. This decision reflects the quality of the Doropo Gold Project, the robustness of our technical work, and our confidence in the operating environment. We expect the Project to generate significant shareholder value whilst delivering enduring benefits to host communities and national partners.

Mr Eger said in December that, as well as benefiting shareholders, the Doropo project would generate more than US$420 million in royalties and create substantial employment opportunities for the local community.

Shares in the ASX 200 gold stock were 2.6% lower on Thursday at $1.42.

The company was valued at $3.12 billion at Wednesday's close.

The post This ASX 200 gold company has just signed off on a new mine appeared first on The Motley Fool Australia.

Resolute Mining Ltd (ASX: RSG)

With a 279.75% annual increase over the past 12 months, at the time of writing, Resolute Mining shares are the fifth strongest performers on the ASX 200 Index. Its gains far outpace the index, which has risen 9.94% over the same period.

In early morning trade on Thursday, the ASX 200 mining stock is down 1.64% and changing hands at $1.50 a piece. Despite today's drop, the shares are still 22.45% higher for the year to date.

The gold producers' shares have shot higher over the past year on the back of record-high gold prices and a significant increase in the company's gold production figures. 

And analysts are bullish that it'll continue over the next year, too. They have a consensus buy rating on the ASX 200 mining stock with a maximum target price of $2.47. That implies the shares could jump another 64.23% in the next 12 months.

Predictive Discovery Ltd (ASX: PDI)

Predictive Discovery is another strong performer over the past 12 months. Its shares have stormed 185.82% higher, making it the eighth strongest annual performer on the ASX 200 Index.

At the time of writing on Thursday morning, the shares are down 1.8% at $0.9575 per share. For the year to date, they're 30.27% higher.

The company is another gold miner that has enjoyed reaping the benefits of the surging gold price. Its production numbers are expected to increase this year as well, with the miner actively developing gold deposits in Guinea's Siguiri Basin.

Analysts have a consensus buy rating on the ASX 200 mining stock. The maximum target price is $1.70 per share, which implies a potential 78.57% upside at the time of writing.

Genesis Minerals Ltd (ASX: GMD)

Genesis is another ASX 200 gold mining company to storm higher over the past year. Its shares are now 135.17% higher over the past 12 months.

At the time of writing, the stock is trading 1.52% lower at $7.455 a piece. However, it's still 1.99% higher for the year to date.

The company recently posted a strong half-year FY26 result and also announced it has signed an agreement to acquire Magnetic Resources NL (ASX: MAU) for $639 million. 

Analysts are mostly bullish on the stock, with 10 out of 13 holding a buy or strong buy rating. The maximum target price is $13, which implies a potential 75.56% upside at the time of writing. 

The post 3 ASX 200 mining stocks tipped to jump over 60% in the next 12 months appeared first on The Motley Fool Australia.

That leaves the index right on yet another record high of 9,200.9 points.

This volatile start to the trading week for Australian investors follows a decidedly negative finish to the American trading week on Saturday morning (our time).

The Dow Jones Industrial Average Index (DJX: .DJI) finished its week on a low note, sinking 1.05%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was in a similar boat, dropping 0.92%.

But let's return to this week and the local markets now with a look at how the different ASX sectors handled today's temperamental trading conditions.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

The index has been driven by some strong Australian growth stocks over the past year. And I've identified two which are tipped to keep charging higher in 2026.

Droneshield Ltd (ASX: DRO)

Droneshield shares are up another 6.31% in Wednesday lunchtime trade, to $3.20 a piece. Today's uptick means the stock is now up a whopping 302.52% for the year, too, making it the second-best annual performer on the ASX 200 index at the time of writing.

And analysts don't think the share price hike will stop anytime soon. There is a strong buy consensus on Droneshield stock, with a $5 target price over the next 12 months. That implies a huge 56.25% potential upside for investors at the time of writing. 

The company's latest share price lift comes off the back of the release of its full-year earnings results for 2025. It posted an impressive 276% revenue uplift for the 12 months to 31st December, and its EBITDA came in at $4.5 million, up from a loss of $8.6 million in 2024. 

DroneShield also said it is scaling up its production capacity from $500 million in 2025 to $2.4 billion by the end of 2026. This will be via new facilities in Australia, the United States, and Europe. The company also confirmed it has a $2.3 billion sales pipeline, representing a 92% increase in the last 12 months.

It looks like there is plenty of room for this surging defence stock to storm even higher in 2026.

Resolute Mining Ltd (ASX: RSG)

Close behind Droneshield, and the third-best-performing ASX 200 stock over the past 12 months, is Resolute Mining. The ASX mining stock only joined the ASX 200 index in November.

The gold producers' shares have shot higher over the past year on the back of record-high gold prices and a significant increase in the company's gold production figures. 

At the time of writing in Wednesday lunchtime trade, Resolute Mining shares are up 3.23% to $1.44 a piece. For the year, the shares are 294.52% higher.

Analysts are bullish on the stock going forward too. They have a consensus buy rating on the Australian growth stock with a maximum target price of $2.49. That implies the shares could jump another 72.6% in the next 12 months.

Earlier this month, the miner announced that it has been awarded a key mining permit for its Doropo Gold Project in Cote d'Ivoire. Management described the approval as a major step toward building Doropo into the company's next core producing asset.

The post 2 Australian growth stocks supercharged to surge in 2026 appeared first on The Motley Fool Australia.

Over the past 12 months, Resolute shares have surged more than 260%, ranking among the strongest performers across the ASX gold sector. That strong run may help explain why today's news has not sparked an immediate rally.

Let's unpack what was released today.

A key approval finally secured

According to the update, Resolute announced it has been awarded a key mining permit for its Doropo Gold Project in Cote d'Ivoire.

The permit is the final government approval required before the project can move into development and eventual production. It has been granted for an initial 20-year term, with the option to extend.

Management described the approval as a major step toward building Doropo into the company's next core producing asset. Once operational, Doropo is expected to play a central role in lifting group gold output beyond 500,000 ounces per year by the end of 2028.

Doropo shapes the next phase of growth

A definitive feasibility study (DFS) released late last year outlined strong economics and a long mine life.

At a gold price assumption of US$3,000 per ounce, the study delivered a post-tax net present value of about US$1.46 billion. It also outlined an internal rate of return close to 50%.

Average annual gold production is forecasted at around 170,000 ounces over the life of the mine, with higher output expected in the early years.

Cash costs and all-in sustaining costs (AISC) are projected to sit well below current spot gold prices, giving the project a solid buffer if gold prices soften.

Resolute plans to fund development using its existing balance sheet, which should limit the need for large equity raisings.

Construction is expected to begin in the first half of 2026, with first gold targeted for the first half of 2028.

Existing operations provide support

While Doropo sits at the centre of the company's growth plans, it already operates producing gold mines in Mali and Senegal.

These assets generate ongoing cash flow and provide operational diversification across West Africa. Management has been focused on improving reliability, managing costs, and using higher gold prices to strengthen the balance sheet.

Foolish Takeaway

Despite the importance of the update, investors appear to be taking a wait-and-see approach.

Nonetheless, the Doropo mining permit removes a key source of uncertainty and allows the project to move into the development phase.

The next phase will focus on delivery, including construction progress, cost control, and updates on funding and timelines.

The post Why this ASX gold producer could be on the cusp of its next breakout move appeared first on The Motley Fool Australia.

Here are the top three performers over the past 12 months, and each of them has posted gains of over 200%!

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. 

The post These 3 ASX 200 shares have soared over 200% in a year! appeared first on The Motley Fool Australia.

ASX mining shares dominate the list of companies hitting these new price milestones today.

Arguably, the most significant price peak today is for BHP Group Ltd (ASX: BHP) shares.

BHP reclaimed its place as the All Ords' largest share by market capitalisation from Commonwealth Bank of Australia (ASX: CBA) today.

CBA took the title from BHP in July 2024 during an unprecedented run that took it to a record $192 per share in June 2025.

The CBA share price is $150.35 on Tuesday, up 0.85%, while BHP shares are $49.66, up 2.54%, at the time of writing.

The BHP share price hit a two-year high of $50.08 this morning.

But today isn't all about BHP shares.

Plenty of other ASX All Ords shares have smashed new multi-year highs as well.

Here's a sample.

ASX All Ords shares reaching new price highs

As stated earlier, mining shares dominate the list of company highs today, so let's focus on them first.

Besides BHP, two other large-cap ASX diversified miners hit new 52-week share price highs.

The Mineral Resources Ltd (ASX: MIN) share price rose 2.8% to a 52-week high of $64.05.

South32 Ltd (ASX: S32) shares hit a 52-week high of $4.54 per share, up 3.4%.

Among the ASX All Ords gold shares, Newmont Corporation CDI (ASX: NEM) lifted 1.9% to a record high of $181.91.

The Resolute Mining Ltd (ASX: RSG) share price soared 10.3% to a 52-week peak of $1.50.

Ramelius Resources Ltd (ASX: RMS) shares surged 3.5% to a record $5.09.

Regis Resources Ltd (ASX: RRL) shares increased 2.8% to a multi-year high of $8.58.

Copper and gold miner Firefly Metals Ltd (ASX: FFM) lifted 5.8% to a 52-week high of $2.20 per share.

Among ASX silver shares, Silver Mines Ltd (ASX: SVL) rose 12.5% to a 52-week high of 27 cents.

Canaccord Genuity sees more growth ahead for Sun Silver Ltd (ASX: SS1) shares, which rose 6.5% to a record $2.47 apiece today.

ASX All Ords lithium shares also hit new price peaks.

Shares in lithium and nickel producer IGO Ltd (ASX: IGO) increased 2% to a two-year high of $9.50.

The Winsome Resources Ltd (ASX: WR1) share price lifted 11.7% to an 18-month high of 67 cents.

Hot Chili Ltd (ASX: HCH) shares soared 9.2% to a 52-week high of $1.89.

Among ASX All Ords copper shares, Capstone Copper Corp CDI (ASX: CSC) soared 8.8% to a record $16.27 per share.

The Develop Global Ltd (ASX: DVP) share price rose 5.8% to a four-year high of $5.67.

What about ASX All Ords shares from other sectors?

ASX All Ords retail stock Nick Scali Limited (ASX: NCK) ascended 1.9% to a record $26.08 per share.

Engineering services company Monadelphous Group Ltd (ASX: MND) lifted 3.6% to a record $30.98.

Testing and inspection services provider ALS Ltd (ASX: ALQ) rose 1.4% to a record $24.41.

The post ASX All Ords shares smashing 52-week highs today appeared first on The Motley Fool Australia.

The gold price is up 0.5% to US$4,958 per ounce, a new record, at the time of writing.

ASX gold shares and ASX gold ETFs are going nuts on Friday.

Get this: the S&P/ASX All Ords Gold Index (ASX: XGD) soared 1,322 points higher to a record 21,612.2 points this morning.

That equates to a staggering 6.5% gain in one day. By comparison, the S&P/ASX All Ordinaries Index (ASX: XAO) is up 0.34%.

The screaming gold price continues to defy expectations.

Just three months ago, top broker Goldman Sachs predicted that gold would rise to US$4,900 per ounce by the end of 2026.

Well, that happened today, and it's only January.

The broker conducted a poll of institutional investors in November and found one in three expect gold to go above US$5,000 per ounce.

That seems increasingly likely.

The gold price is up by just under 15% in the year to date.

The market pushed the yellow metal 7% higher this past week alone after US President Donald Trump slapped a new 10% tariff on goods from eight European nations to punish their opposition to his aspirations to buy Greenland.

The gold price rocketed 65% in 2025, following a 27% gain in 2024, largely due to central banks diversifying away from the US dollar.

Let's see what ASX gold shares and ETFs are doing today.

Hold on to your hats… this is going to be fun.

ASX gold shares soar as gold price hits new record

Let's focus on the large-cap ASX gold shares first.

The Northern Star Resources Ltd (ASX: NST) share price is up 6.23% to $27.81.

Northern Star shares dropped 8.1% yesterday after the miner disappointed the market with its December quarter report.

Northern Star's report, significant because it's the largest gold miner by market cap on the ASX, combined with news of lower unemployment in Australia, which raised the prospects of an interest rate hike this year, weighed on gold shares and ETFs yesterday.

The Evolution Mining Ltd (ASX: EVN) share price is up 6.59% to $15.04.

Newmont Corporation CDI (ASX: NEM) shares are up 4.64% to $179.90 apiece.

Among the mid-cap ASX gold shares, Ramelius Resources Ltd (ASX: RMS) shares are up 8.3% to $4.96.

The Greatland Resources Ltd (ASX: GGP) share price is up 9.81% to $14.22.

The Genesis Minerals Ltd (ASX: GMD) share price is $8.06, up 8.04%.

Perseus Mining Ltd (ASX: PRU) shares are up 6.6% to $6.46 apiece.

Westgold Resources Ltd (ASX: WGX) shares are up 6.67% to $7.76.

The Capricorn Metals Ltd (ASX: CMM) share price is up 4% to $15.47.

Vault Minerals Ltd (ASX: VAU) shares are up 4.76% to $5.94 apiece.

Regis Resources Ltd (ASX: RRL) shares are up 8.64% to $8.24.

How about ASX small-cap gold shares?

Among the small-cap ASX gold shares, Resolute Mining Ltd (ASX: RSG) shares are up 8.14% to $1.40.

The Pantoro Gold Ltd (ASX: PNR) share price is 5.83% higher at $5.45.

Meeka Metals Ltd (ASX: MEK) shares are up 3.57% to 29 cents.

Kingsgate Consolidated Ltd (ASX: KCN) shares are up 2.48% to $7.03 apiece.

The Golden Horse Minerals Ltd CDI (ASX: GHM) share price is 0.64% higher at 79 cents.

Black Cat Syndicate Ltd (ASX: BC8) shares are up 5.24% to $1.56.

(By the way, Warwick Grigor, an analyst at Far East Capital, offered some advice on how to select small-cap gold stocks to buy this week.)

What about ASX gold ETFs?

The Betashares Global Gold Miners Currency Hedged ETF (ASX: MNRS) streaked 4.87% to a record $18.94 per unit today.

MNRS was the best performer among the 423 ETFs on the Australian share market last year.

The VanEck Gold Miners AUD ETF (ASX: GDX) is up 4.54% to $157.45.

Perth Mint Gold (ASX: PMGOLD) is up 2.29% to $71.92 per unit.

Global X Physical Gold (ASX: GOLD) is up 2.63% to $66.27 per unit.

VanEck Australian Resources ETF (ASX: MVR), the No. 1 performer among ETFs holding ASX shares in 2025, is up 1.22% to $47.41.

The post ASX gold shares go crazy as gold price rips toward US$5,000 on Friday appeared first on The Motley Fool Australia.

Resolute Mining shares closed yesterday trading for $1.335. In early morning trade on Thursday, shares are changing hands for $1.315 apiece, down 1.5%.

For some context, the ASX 200 is up 0.7%, following US stock markets higher after Donald Trump pulled back on his military and tariff threats over Greenland.

With today's dip factored in, Resolute Mining shares remain up a blistering 222% since this time last year. This gives the West African-focused gold miner a market cap of $2.8 billion.

Now, here's what investors are mulling over today.

(*Note, all dollar figures below are in US dollars.)

ASX 200 gold stock dips on update

Resolute Mining shares are slipping following the release of the company's fourth-quarter (Q4 2025) update.

Highlights from the three months to 31 December include a 10% quarter-on-quarter increase in gold production to 65,918 ounces.

The ASX 200 gold stock produced the yellow metal at an all-in sustaining cost (AISC) of $1,877 per ounce, down from $2,205 per ounce in Q3 2025.

And quarterly capital expenditure (excluding exploration) declined by 31% from the prior quarter to $18.4 million.

In other core financial metrics, the ASX 200 gold stock reported operating cash flow generation of $85.7 million, up 26% from Q3.

And on the balance sheet, the miner held cash, cash equivalents, and bullion of $266 million at the end of 2025.

Looking to the year ahead, Resolute Mining provides 2026 production guidance of 250,000 to 275,000 ounces of gold at an AISC of $2,000 to $2,200 per ounce.

That compares to full-year 2025 gold production of 277,236 ounces at an AISC of $1,843 per ounce.

Resolute Mining shares could be under some pressure today, however, with 2024 gold production coming in at 339,869 ounces.

What did management say?

Commenting on the quarterly results for the ASX 200 gold stock today, Resolute Mining CEO Chris Eger said, "Despite supply chain challenges in Mali and the transition to stockpile processing at Mako, we have achieved strong financial and operating performance."

Eger added:

Gold production was in-line with initial guidance and net cash generation over the year was $140 million driven by a very strong Q4. We advanced key projects such as the SSCP and Mako Life Extension Project, managed operating costs across all sites, restructured the executive teams, delivered exploration success and stabilised government relations.

2025 also saw Resolute Mining acquire the Doropo and ABC Projects in Cote d'Ivoire (formerly Ivory Coast).

Eger noted that Doropo is on track for maiden gold production in the first half of 2028.

Looking to future potential growth prospects for the ASX 200 gold stock, Eger said, "Exploration remains at the heart of Resolute's strategy, underpinning our ambition to deliver sustained growth and maximise long-term shareholder value."

The post Up 222% in a year, $2.8 billion ASX 200 gold stock delivers 'very strong' fourth quarter appeared first on The Motley Fool Australia.

After that run, the stock eased late last week, closing down around 2.3% at $1.29 as the gold price softened. Even so, Resolute shares remain well above levels seen a year ago, and recently reached a 5-year high at $1.35.

With the share price having moved sharply higher, attention is now turning to what has driven the rally and whether it can be sustained.

Here are the key factors investors are weighing up.

What's behind Resolute's strong run

Resolute Mining is an Australia-listed gold producer with operations in West Africa, including the Syama mine in Mali and the Mako operation in Senegal.

The company has more than 30 years of experience in exploration, development and production, and has produced over 9 million ounces of gold across 10 mines.

While gold miners typically benefit from rising bullion prices, Resolute's rally has gone beyond simply riding the commodity cycle. Improving project economics, exploration success and a clearer growth strategy have all helped lift investor confidence.

One important catalyst has been updated feasibility work at the Doropo gold project in Cote d'Ivoire. The revised studies point to improved economics and a larger project scope, which could lift Resolute's long-term production profile once approvals and funding are in place.

The company will host a quarterly webcast and guidance update on Thursday 22 January, where management is expected to discuss its latest quarterly results.

Why investors kept buying even as gold prices dipped

Despite the recent dip, several factors have supported Resolute's strong performance.

Firstly, the stock still looks reasonably valued compared with many peers on a price-to-sales basis. Resolute trades at roughly 2 times sales, compared with around 6 times for Evolution Mining Ltd (ASX: EVN), suggesting the market is still pricing Resolute more conservatively.

Secondly, both revenue and earnings have been growing strongly for Resolute, pointing to improving scale and operating momentum.

And finally, expectations around its 2026 guidance have helped underpin sentiment, as investors look for clarity on production and costs.

Even with gold easing slightly, prices remain historically strong. That continues to support Resolute's cash flow outlook, especially if geopolitical risks or interest rate cuts lift safe-haven demand later this year.

The risks the market is still weighing up

That said, operating in West Africa carries added risk compared with many Australian-based miners.

Resolute has faced challenges in the past, including periods of regulatory uncertainty in Mali and changes in leadership. Political stability, government policy and permitting timelines can all influence operations, sometimes with little warning.

There are also execution risks to consider. Delivering consistent production, controlling costs and managing capital spending remain critical, particularly as the company looks to advance growth projects.

The capital required to develop projects such as Doropo means future returns will depend heavily on management's ability to execute plans on time and within budget.

What's next?

Resolute's 217% share price surge over the past year reflects strong gold prices and improving company fundamentals. However, after such a sharp run, attention is now shifting from momentum to delivery.

With the gold prices softening and a key guidance update approaching, the next few weeks could prove decisive for Resolute shares. Clear targets and steady results may support further upside, while any disappointment could see the stock consolidate after a huge year.

The post Resolute Mining shares have surged 217% in a year. Can the momentum last? appeared first on The Motley Fool Australia.

The S&P/ASX 200 Materials Index (ASX: XMJ) rose 2.3% to hit an eight-year high of 22,523.1 points this morning.

The materials sector is a long way out in front of the other 10 market sectors. The second best performer is real estate, up 0.9%.

A slew of ASX mining shares have also reset their 52-week highs today as commodity values continue to spike.

Meanwhile, the benchmark S&P/ASX 200 Index (ASX: XJO) is up 0.92% after a strong night on Wall Street.

The S&P 500 Index (SP: INX) hit a new record of 6,986.33 points last night, and finished 0.16% higher for the session.

The Dow Jones Industrial Average Index (DJX: .DJI), which tracks 30 selected S&P 500 stocks, also hit a record 49,633.35 points.

Surging commodity values continue to push ASX mining shares higher.

Let's take a look.

Commodity prices just keep going…

The hottest commodity on the global market right now, silver, is up 0.37% to US$84.24 per ounce at the time of writing.

The silver price has risen an astounding 30% in just one month and is up 181% year over year.

The lithium carbonate price leapt 8.6% in overnight trading to US$21,797.74 per tonne.

The commodity has surged 60% over the past month and has doubled year over year.

The aluminium price rose 1.3% overnight to US$3,189.8 per tonne. That's an 11% monthly gain and a 24% increase over 12 months.

The iron ore price rose 0.2% to US$108.25 per tonne. Iron ore is up 2% over the past month and almost 10% over 12 months.

The gold price is down 0.25% at US$4,586 per ounce, but up 6.5% over the month and 72% year over year.

The copper price is 1% lower at US$5.93 per pound. Copper futures are up 11% over the month and 38% year over year.

The red metal hit a record above US$6 per pound last week.

Let's check out the impact on ASX mining shares today.

ASX mining shares smashing 52-week highs today

ASX 200 iron ore and lithium miner Mineral Resources Ltd (ASX: MIN) rose 2.8% to a 52-week high of $60.20.

The market's largest pure-play copper share, Sandfire Resources Ltd (ASX: SFR), reached a 52-week peak of $19.58, up 4.4%.

The biggest pure-play lithium share, PLS Group Ltd (ASX: PLS), also hit a 52-week high of $4.92, up 3.1%.

Liontown Ltd (ASX: LTR) shares rose 4.2% to $2.24, and IGO Ltd (ASX: IGO) lifted 1.2% to $9.02 — both new 52-week highs.

The Elevra Lithium Ltd (ASX: ELV) share price ripped 11.6% to a 52-week high of $10.19.

ASX 200 diversified miner South32 Ltd (ASX: S32) hit a 52-week high of $4.04 per share, up 3.6%.

Unico Silver Ltd (ASX: USL) shares ripped 6.6% to a 52-week high of $1.13.

ASX 200 gold share Newmont Corporation CDI (ASX: NEM) lifted 0.8% to a record high of $167.99.

The Resolute Mining Ltd (ASX: RSG) share price rose 3.8% to a 52-week peak of $1.35.

Ramelius Resources Ltd (ASX: RMS) shares surged 3% to a record $4.52.

Gold and copper miner, Greatland Resources Ltd (ASX: GGP) lifted 5.1% to a 52-week high of $12.58 per share.

Aluminium stock Alcoa Corporation CDI (ASX: AAI) hit a 52-week high of $98.32 per share, up 3.8%.

The post ASX mining shares on fire! New 52-week highs today appeared first on The Motley Fool Australia.

The ASX All Ords, which is comprised of 500 companies, slightly outperformed the benchmark S&P/ASX 200 Index (ASX: XJO).

The ASX 200 increased by 6.8% and provided total returns of 10.32%.

The main reason for the All Ords' outperformance was the impact of a greater number of small-cap shares than the ASX 200.

ASX small-cap shares have market capitalisations between a few hundred million dollars and $2 billion.

Small-caps ripped in 2025 for several reasons, including falling interest rates, which reduced the cost base of young companies with debt.

The rising value of gold explorers was also a factor, according to Blackwattle portfolio managers, Robert Hawkesford and Daniel Broeren.

Demonstrating this, every single one of the five best-performing ASX All Ords shares for capital growth last year were small-caps.

And three junior gold miners were among them.

The question is, are they still good buys for the new year after such strong price growth in 2025?

Are these ASX All Ords stars still good buys?

The experts weigh in.

DroneShield Ltd (ASX: DRO)

Defence company Droneshield achieved the highest share price growth of its ASX All Ords peers in 2025.

The Droneshield share price leapt 300% to close at $3.08 on 31 December.

Droneshield is benefitting from a massive increase in global defence spending amid greater geopolitical turmoil.

Bell Potter has a buy rating on this ASX All Ords share with a 12-month price target of $4.50.

In a note, the broker said:

We expect 2026 will be an inflection point for the global counter-drone industry with countries poised to unleash a wave of spending on RF detect and defeat solutions.

Consequently, we believe DRO should see material contracts flowing from its $2.5b potential sales pipeline over the next 3-6 months as defence budgets roll over to FY26e.

Resolute Mining Ltd (ASX: RSG)

ASX All Ords gold share Resolute Mining skyrocketed 206% to finish the year at $1.23.

Resolute Mining is an African-focused gold miner currently developing a third gold project, Doropo, in Cote d'Ivoire.

The new mine will supplement existing production from the Syama mine in Mali and the Mako mine in Senegal.

Canaccord Genuity has a buy rating on Resolute Mining shares with a price target of $2.30.

Core Lithium Ltd (ASX: CXO)

This ASX All Ords lithium share leapt 206% higher to close out 2025 at 28 cents per share.

Core Lithium shares have benefitted from rising lithium prices over the past six months.

Investors are now anticipating the re-opening of Core's flagship Finniss Project, which was put into care and maintenance in early 2024 due to weak commodity prices.

Core Lithium released a restart plan last year and reckons it can get Finniss up and running within a month.

But the company needs to find new financial partners first.

Last week, Goldman Sachs retained its hold rating on this ASX All Ords lithium share.

While the broker raised its share price target from 14 cents to 18 cents, this is well below where Core Lithium is trading today.

The post Brokers rate 3 ASX All Ords shares that more than tripled in value in 2025 appeared first on The Motley Fool Australia.

The S&P 500 Index (SP: INX) soared 16.39% and delivered total returns, including dividends, of 17.88%, according to S&P Global.

The S&P 500 reached a record 6,945.77 points in December before closing the year at 6,845.5 points.

The Nasdaq Composite Index (NASDAQ: .IXIC) did even better, rising 20.36% with total returns of 21.33%.

The Nasdaq Composite hit its peak in October at 24,019.99 points before closing at 23,241.99 points on 31 December.

The Dow Jones Industrial Average Index (DJX: .DJI), which tracks the performance of 30 selected S&P 500 stocks, rose 12.97% and delivered total returns of 14.92%.

The Dow Jones Index closed 2025 at 48,063.29 points, and hit a new record overnight at 49,209.95 points.

By comparison, S&P/ASX 200 Index (ASX: XJO) shares rose 6.8% and produced total returns of 10.32% in 2025.

The ASX 200 rose to a record 9,115.2 points in October before finishing the year at 8,714.3 points.

The S&P/ASX All Ords Index (ASX: XAO), which tracks the top 500 companies, rose by 7.11% and gave a total return of 10.56%.

The ASX All Ords closed 2025 at 9,018.8 points after hitting a record in October at 9,414.6 points.

Top 5 US stocks and ASX shares of 2025

According to Yahoo Finance, the top five US stocks for growth last year were:

1. Flash memory designer and manufacturer Sandisk Corp (NASDAQ: SNDK), up 548%

2. Data storage company and hardware manufacturer, Western Digital Corp (NASDAQ: WDC), up 335%

3. Computer data storage company, Micron Technology Inc (NASDAQ: MU), up 222%

4. Global data storage solutions company, Seagate Technology Holdings PLC (NASDAQ: STX), up 220%

5. US stocks trading platform provider, Robinhood Markets, Inc. (NASDAQ: HOOD), up 183%

The top five ASX All Ords shares for growth were:

1. Anti-drone technology company DroneShield Ltd (ASX: DRO), up 300%

2. Gold miner Pantoro Gold Ltd (ASX: PNR), up 220%

3. Gold explorer Predictive Discovery Ltd (ASX: PDI), up 220%

4. Gold miner Resolute Mining Ltd (ASX: RSG), up 206%

5. Lithium miner Core Lithium Ltd (ASX: CXO), up 206%

Check out the best performing ASX 200 shares here.

What's next for US stocks in 2026?

In its 2026 investment outlook, Morgan Stanley projected that S&P 500 shares will rise to 7,800 points by the end of the new year.

That would represent an annual gain of 13%.

The broker expects US earnings and cash flow growth due to a market-friendly policy mix, interest rate cuts, corporate tax cuts from the 'One Big Beautiful Act', positive operating leverage, and the re-emergence of pricing power and AI-driven efficiency gains.

Serena Tang, Morgan Stanley's Chief Global Cross-Asset Strategist, said:

There will be some bumps along the way, but we believe that the bull market is intact.

Another broker, UBS, predicts the S&P 500 will lift to 7,300 points by June and 7,700 points by Christmas.

UBS said US stocks will be driven by about 10% earnings growth and lower interest rates.

In an article, the broker said: 

In addition to the transformative force of AI, we believe the structural trends of electrification and longevity will also drive equity performance for the long term.

Tactically, we believe AI beneficiaries are broadening out both within and beyond tech, and we see opportunities in companies facilitating grid modernization and supply critical raw materials.

In the longevity field, we expect strong growth in the obesity, oncology, and medical device markets.

Check out which US stocks are most popular with Aussie investors and why.

The post US stocks vs. ASX shares in 2025 appeared first on The Motley Fool Australia.

S&P/ASX All Ords Index (ASX: XAO) shares delivered total returns (capital growth plus dividends) of 10.56% last year.

The ASX All Ords tracks the performance of the market's top 500 companies by market capitalisation.

The S&P/ASX Small Ords Index (ASX: XSO), which tracks companies ranked 101 to 300 by market cap, delivered a total return of 24.96%.

Small-cap shares typically have market caps between a few hundred million dollars and $2 billion.

So, why was it such a great year for the smaller players?

ASX small-cap shares make a comeback

Blackwattle Investment Partners portfolio managers, Robert Hawkesford and Daniel Broeren, who run the fund manager's Small Cap Quality Fund, said ASX small-cap shares outperformed largely due to the rising value of junior gold explorers.

In a recent update, Hawkesford and Broeren said geopolitical instability prompted investors to buy precious and critical metals shares.

Additionally, interest rate cuts worldwide encouraged investors to buy companies in earlier stages of growth because "smaller cap companies offer the greatest range of opportunities".

Lower interest rates reduce smaller companies' debt servicing costs and boost their earnings potential.

Perpetual portfolio managers Alex Patten and James Rutledge, co-portfolio managers of the Perpetual Smaller Companies Fund, said the economic landscape "decisively" turned in favour of ASX small-cap shares in 2025.

They point out that during the August earnings season, the ASX Small Ords Index lifted 8.5% while the S&P/ASX 100 rose by 2%.

Patten said:

You're starting to see some decent outperformance from small caps and micro caps.

This is the first time that's happened in a number of years.

Over the past few years, when rates were going up quite quickly, that's not typically a great environment for small caps.

But now that rates are starting to come down, we're seeing more interest in small and micro caps and bit more liquidity in the market.

Exposure to Aussie economy

Patten and Rutledge also point out that ASX small-cap shares are more influenced by the domestic economy while large-caps are globally exposed.

Many ASX small-cap shares are domestic cyclicals, with retailers and residential building companies reporting an uptick in demand last year.

Smaller companies also benefitted from moderating wage growth.

ETF provider Global X reported strong inflows into its ASX small-cap shares ETFs in November.

This reflected investors' desire to diversify away from large-caps with stretched valuations, such as the ASX bank shares.

Global X said:

Whether investors are aiming for the top 300 Australian companies rather than just the top 200, or focusing exclusively on smaller companies, small-caps could be making a comeback.

The impact of rising small-caps last year can be seen in the annual returns of Australia's key indices.

Total returns of key ASX indices

5 best ASX small-cap shares for price growth in 2025

These were the five best-performing ASX small-cap shares for capital growth in 2025.

1. Anti-drone technology company DroneShield Ltd (ASX: DRO), up 300%

2. Gold miner Pantoro Gold Ltd (ASX: PNR), up 220%

3. Gold explorer Predictive Discovery Ltd (ASX: PDI), up 220%

4. Gold producer Resolute Mining Ltd (ASX: RSG), up 206%

5. Gold explorer Southern Cross Gold Consolidated CDI (ASX: SX2), up 204%

The post Why 2025 was the year of the ASX small-cap shares appeared first on The Motley Fool Australia.

The S&P/ASX 200 Materials Index (ASX: XMJ) rose by 31.71% and produced total returns, including dividends, of 36.21%.

The sector outperformed the benchmark S&P/ASX 200 Index (ASX: XJO) by more than 4:1.

Wilson Asset Management lead portfolio manager Matthew Haupt expects the new year to remain favourable for ASX mining shares.

China is pivoting its construction focus from property to AI infrastructure, providing support to iron ore and aluminium prices.

China is also implementing measures to support electric vehicle (EV) manufacturing, which bodes well for lithium prices.

The measures include a plan to double EV charging capacity to 180 gigawatts by 2027 amid EVs forming the majority of new car sales in China for the first time in October.

Many of the best-performing commodities of 2025 reflect the green energy transition taking hold of the global economy, as well as a preference for safe-haven investing.

The silver price ripped 147%, gold rallied 65%, lithium increased 58%, copper rose 42%, and aluminium increased 17%.

Amid all these tailwinds, here are two ASX mining shares with buy recommendations from the experts.

Capstone Copper Corp CDI (ASX: CSC)

The Capstone Copper share price has risen by 43.5% over the past 12 months.

The ASX copper mining share closed at $14.54 apiece on Friday.

Capstone Copper has a portfolio of long-life copper mines in Chile, Mexico, and the United States.

Macquarie has a buy rating on Capstone Copper shares with a 12-month price target of $17.

In a recent note, the broker said:

We increase CSC EPS 9%/18% in CY25/26e due to Cu price upgrades, remaining our preference in the Cu space due to its strong organic growth profile and attractive relative value.

Resolute Mining Ltd (ASX: RSG)

The Resolute Mining share price has charged 201% higher over 12 months.

The ASX gold mining share closed at $1.24 on Friday.

Resolute Mining is an African-focused gold miner currently developing a third gold project, Doropo, in Cote d'Ivoire to supplement existing production from the Syama mine in Mali and the Mako mine in Senegal.

Resolute Mining shares ascended into the benchmark index in the December rebalance.

Macquarie has an outperform rating on Resolute Mining shares with a 12-month price target of $1.45.

The broker raised its price target after Resolute issued a major update on Doropo last month.

The post 2 ASX mining shares to buy for 2026 appeared first on The Motley Fool Australia.

The silver price rose by a staggering 147% and reached a record US$83.62 per ounce in December.

Demand for silver increased due to surging industrial usage and the US designating it a critical material.

The gold price increased another 65% in 2025, its greatest annual rise in more than four decades, building on its 27% gain in 2024.

Strong central bank purchasing, lower interest rates, and less confidence in the US dollar as the reserve currency fuelled the rally.

A Goldman Sachs poll conducted in November found that one in three institutional investors expect gold to rise above US$5,000 this year.

Lithium began a long-awaited recovery in July after three years of dramatic declines followed by stagnation.

The lithium carbonate price rose 58% in 2025 amid improving demand for batteries, EVs, and new infrastructure.

Analysts at Trading Economics say the lithium carbonate price is now at a 19-month high.

Copper, which is a key ingredient in electrification, rose 42% as the green energy transition pushed global demand higher.

Commodity price strength led to the materials sector experiencing the strongest capital growth of the 11 market sectors in 2025.

The S&P/ASX 200 Materials Index (ASX: XMJ) rose by 31.71% and produced total returns, including dividends, of 36.21%.

Materials outperformed the benchmark S&P/ASX 200 Index (ASX: XJO) by more than 4:1.

The ASX 200 rose 6.8% and delivered total returns of 10.32%.

Mining stocks dominate the materials sector, so let's check out the top performers of 2025.

5 best ASX 200 mining shares for capital growth

Pantoro Gold Ltd (ASX: PNR)

This ASX 200 gold share skyrocketed 220% to close out 2025 at $4.89.

Pantoro Gold only joined the benchmark index in the December quarter rebalance.

Its 52-week high in 2025 was $6.61.

Resolute Mining Ltd (ASX: RSG)

Fellow ASX 200 gold share Resolute Mining streaked 206% to finish the year at $1.23.

Its 52-week high was $1.32.

Liontown Ltd (ASX: LTR)

The Liontown share price roared 197% higher to finish the year at $1.58.

The ASX lithium share's 52-week high was $1.75.

Regis Resources Ltd (ASX: RRL)

The Regis Resources share price exploded 196% to close at $7.55 on 31 December.

The ASX 200 gold share's 52-week high was $7.83.

Genesis Minerals Ltd (ASX: GMD)

The Genesis Minerals share price soared 194% to close out the year at $7.25.

Its annual high was $7.63.

The post 5 best ASX 200 mining shares of 2025 appeared first on The Motley Fool Australia.