ASX Stocks Trading at 52 Week High

Shares of Energy One, Aeris Resources, Ausgold and Zenith Minerals have all climbed to fresh 52 week highs driven by  strong financial performance along with resource upgrades and progress in future projects.

Energy One Limited (ASX: EOL)

had another solid year in FY2025. Group revenue went up 17% to A$61.4 million helped by a 22% rise in annual recurring revenue which hit A$60.4 million and now makes up 89% of total sales. Underlying EBITDA was A$16.2 million which is 36% higher and NPAT jumped 74% to A$5.9 million showing better margins and cost control. Operating cashflow stayed strong at A$10.5 million which helped cut net debt by 53% to A$6.7 million and the year ended with A$4.0 million cash on hand. The company also brought back dividends paying 7.5 cps which were fully franked. On the operations side Energy One added more customers reaching 449 installations across 30 countries. For the future the company is looking at 15-20% recurring revenue growth each year and wants to hit 30% cash EBITDA margins by FY2027 also planning to look at U.S acquisitions while keeping its strong base in Europe and Australia.

Aeris Resources Limited (ASX: AIS)

made a strong comeback in FY25 going back to profit with NPAT of about A$45.2 million compared to a loss of A$24.3 million in FY24. Group revenue stayed steady thanks to production at Tritton Copper, Cracow Gold and the North Queensland operations. Operating cash flow almost doubled to A$130.9 million as the company kept tight control on costs. By the end of year cash stood at A$28.2 million. Capex for the year was A$81.0 million which included mine development and exploration works and drilling at Tritton moved forward to replace reserves. Going into FY26 Aeris already has hedges on gold covering around 50% of Cracow output and the company keeps focus on replacing reserves through both brownfield and greenfield exploration to support long term copper, zinc and gold production.

Ausgold Limited (ASX: AUC)

moved forward strongly with its Katanning Gold Project in Western Australia during FY25. The year was marked by a positive Definitive Feasibility Study and also new land access agreements. The DFS showed an initial 10 year mine life with average production of around 140,000oz per year in the first four years, giving a post tax NPV of about A$0.95 billion and a quick 13 month payback at A$4,300/oz gold. After the end of the year AUC completed a A$35 million placement and also secured important freehold land for its development. On the financial side the company closed FY25 with A$12 million in cash which is now higher after the raise. A big 44,000m drilling program will start in October 2025 focusing on both open pit and underground extensions at Katanning and also regional spots like Nanicup Bridge-Zinger and Kraken. The company plans its Final Investment Decision for mid 2026 with first gold production expected late 2027.

Zenith Minerals Limited (ASX: ZNC)

made good progress on its gold and critical minerals portfolio in its last reported quarter. The Dulcie Far North resource went up by 41% to 302koz after a drilling program. The company also added 3km of new subsurface rights just south of Dulcie and received a A$275,000 grant from the Queensland Government for deep drilling at the Red Mountain Project which is seen as prospective for gold and copper-molybdenum. Zenith sold its non core Kavaklitepe Gold Project in Turkey for US$543k with settlement due in September 2025 and also raised A$3.5m through an entitlement offer to support exploration and by June the company had A$0.58m cash. Looking ahead, Zenith plans 9,000–12,000m of RC drilling at Dulcie to expand resources, a 3,000m diamond drilling program at Red Mountain and more work at the Rio Lithium Project.

(Source: Company Announcements)