
S&P/ASX All Ords Index (ASX: XAO) shares are 0.54% higher at 9,180.6 points on Tuesday.
The ASX All Ords has risen 4.9% over the past 12 months, while gold miner Catalyst Metals Ltd (ASX: CYL) has soared 95%.
This means if you’d invested $10,000 in this gold stock last year, your investment would be worth $19,500 today.
On Tuesday, the Catalyst Metals share price is $7.81, up 2%, as the gold price continues to recover from the late January rout.
Like all ASX gold shares, Catalyst has benefited from a skyrocketing gold price.
The gold price ripped 27% in 2024 and added another 65% last year.
Despite the recent rout, the gold price remains 17% higher in the year to date at US$5,020 per ounce at the time of writing.
UBS forecasts the gold price to reach US$6,200 per ounce in the first quarter of CY26, and to stay there through the September quarter.
What is Catalyst Metals?
The company owns the Plutonic gold mine in Western Australia and the Bendigo exploration project in Victoria.
Catalyst Metals expanded its Plutonic operations in 2025 with the aim of increasing its reserves from 1.5 Moz to 2 Moz.
The miner says this would allow it to increase its production rate from 100,000 ounces per year to 200,000 ounces per year.
In its 2Q FY26 update, Catalyst Metals announced record quarterly gold production of 28,176 ounces at Plutonic.
The average realised price was A$2,776 per ounce, and the average all-in sustaining cost (AISC) was A$2,565 per ounce.
Catalyst retained its FY26 production guidance of 100,000 to 110,000 ounces with an AISC of A$2,200 to A$2,650 per ounce.
Broker ratings on this ASX All Ords gold share
The consensus rating among five experts following Catalyst Metals shares on Trading View is a strong buy.
The share price target range is wide, at a minimum of $11.31 per share and a maximum of $18.90.
So, even if the gold miner only met the minimum expectation, an investment today would be worth 45% more this time next year.
If it met the average expectation of $14.30 per share, you’d be up 83%.
Morgans recommends buying Catalyst Metals shares. Last week, the broker raised its price target from $12.51 to $14.56 per share.
Bell Potter also has a buy rating with a recently increased target of $13.50.
Canaccord Genuity also says buy, with a raised target of $13.25 per share.
The post $10,000 invested in this ASX All Ords share a year ago is now worth $19,500 appeared first on The Motley Fool Australia.
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Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.