ASX All Ordinaries Gold Stocks to have in your portfolio
Gold continues to shine as investors look for stability amid market uncertainty along with ongoing inflation pressures and these ASX listed gold miners are well placed to benefit from this trend.
ASX All Ordinaries Gold Stocks
Evolution Mining Limited (ASX: EVN)
Northern Star Resources (ASX: NST)
Perseus Mining Limited (ASX: PRU)
Resolute Mining Limited (ASX: RSG)
Evolution Mining Limited (ASX: EVN)
had another solid quarter and proved why it is seen as a steady gold producer with good cash flows.
For the September 2025 quarter, gold output came in around 174koz along and this helped the company hit a record net mine cash flow of $366 million which is nearly 20% higher than its old record.
The balance sheet also got stronger as gearing dropped down to 11% and cash balance improved to $780 million even after paying back $170 million debt during the quarter.
With the rise of gold prices this year, the company is set up well to ride this momentum.
Northern Star Resources (ASX: NST)
had a great start to FY26 as In the September 2025 quarter, the company sold around 381koz of gold with an AISC of $2,522/oz.
Costs were relatively high due to spending on future expansion but the core business generated about $183 million net mine cash flow.
The company held around $1.51 billion in cash and bullion even after paying $416 million in dividends.
Northern Star for FY26 is expecting gold sales between 1.7–1.85Moz and an AISC range of $2,300–$2,700 per ounce as it stays well placed to benefit from high gold prices.
Perseus Mining Limited (ASX: PRU)
delivered a steady September 2025 quarter with its multi-mine strategy across West Africa, producing 99,953 ounces of gold at an AISC of US$1,463/oz.
The company finished the quarter sitting on about US$837 million in cash and bullion and has no debt.
Perseus is now pushing ahead with the Nyanzaga project in Tanzania where plant construction is going on and underground work also kicked off at Yaoure which should bring higher-grade ore later on.
FY26 guidance is 400,000–440,000 ounces at US$1,460–US$1,620/oz AISC and with several growth projects happening at same time, the company looks in a good spot to grow.
Resolute Mining Limited (ASX: RSG)
in the September 2025 quarter managed stable operations across West Africa and is moving forward with few key growth plans.
It produced about 59,857 ounces of gold with a group AISC of around US$2,205/oz.
Net cash went up to US$136.6 million while revenue for the year till now is US$664.1 million and EBITDA is US$292.8 million.
The Doropo project in Cote d’Ivoire is also moving ahead with approvals and feasibility progress and production is expected around 2028 after the final investment decision.
(Source: Company Announcements)
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