The S&P/ASX 200 Index (ASX: XJO) is down 0.3% today, despite the best lifting efforts of two ASX 200 gold stocks.
Ramelius Resources Ltd (ASX: RMS) shares are up 0.2% in late morning trade at $4.52 each. That sees the Ramelius Resources share price up 71.9% over 12 months, smashing the 9% one-year gains posted by the ASX 200.
Perseus Mining Ltd (ASX: PRU) shares are enjoying an even stronger run today. Perseus Mining shares are changing hands for $5.91 apiece, up 4.4%. Perseus Mining shares have gained 104.1% in 12 months.
Here’s what’s happening with the ASX 200 gold stocks today.
Ramelius Resources shares in the green on earnings boost
Ramelius shares are outperforming today following the release of the miner’s half-year results for the six months to 31 December (H1 FY 2026).
The ASX 200 gold stock reported record first-half underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) of $347.7 million, up 13% year on year.
Operating cash flow of $311.6 million was down 3% from H1 FY 2025.
And on the bottom line, the miner’s underlying net profit after tax (NPAT) slipped 6% year on year to $160 million.
On the passive income front, management declared a fully-franked interim dividend of 3 cents per share, in line with last year’s interim payout.
As at 31 December, Ramelius held cash and bullion of $694.3 million, down 14% since the end of June.
Commenting on the results, Ramelius managing director Mark Zeptner said:
It is pleasing to be able to report such strong financial results in what remains a transitional period for Ramelius following the combination with Spartan last year. Operationally, performance was in line with our expectations highlighted in the 5-Year Growth Pathway released in October 2025â¦
The company’s current growth projects, including the development of the Never Never underground at Dalgaranga and the Mt Magnet processing plant upgrades, are progressing well with first ore from Never Never delivered to Mt Magnet this week and engineering / early site works underway for the plant upgrade.
Which brings us toâ¦
ASX 200 gold stock lifts on doubled dividend
Perseus Mining also reported its half-year results this morning.
Revenue for the six months came in at US$608.5 million, up 5% year on year.
But the ASX 200 gold stock saw earnings and profits slip from H1 FY 2025.
EBITDA of US$315.5 million was down 10.5%, while profit after tax of $185.5 million declined by 7.8%.
Perseus reported operating cash flow of US$193.4 million for the half year, and held net cash and bullion of US$755 million as at 31 December.
Management declared an unfranked interim dividend of 5 Aussie cents per share. That’s up 100% from last year’s interim payout.
Looking at what could impact the ASX 200 gold stock ahead, the Aussie gold miner reaffirmed its full-year FY 2026 market guidance of 400,000 to 440,000 ounces of gold production at an all-in sustaining cost (AISC) of US$1,600 to US$1,760 per ounce.
“As we have flagged, the first half of 2026 reflected a period where our mine sites transitioned into new mining areas along with significant advancement of our capital growth projects,” Perseus CEO Craig Jones said.
Jones added:
With a strong balance sheet, high-margin operations, and a clear growth path, we believe we are well-positioned to continue delivering long-term value for our shareholders.
The post 2 ASX 200 gold stocks outperforming on big news on Friday appeared first on The Motley Fool Australia.
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More reading
- Ramelius Resources delivers first Never Never ore, cuts major gold hedges
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Motley Fool contributor Bernd Struben 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.