These 18 ASX stocks have gained over 1,000 per cent in 6 years
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A company that goes from small cap to ASX200 contender is every investor’s dream. While it’s not a quick process and not overly common, these companies are heading the right way.
Stockhead analysis shows that of the companies listed since September 2014, 18 have advanced by over 1,000 per cent, and some have even made it into the ASX200.
Here’s a list of all ASX stocks which have gained over 1,000 per cent in six years:
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Following behind and also on a gain over 8,000 per cent is Bellevue (ASX:BGL). While Bellevue’s success has been more spread out over a number of years, it too has risen off exploration success at its namesake gold project.
Other big movers include Ramelius Resources (ASX:RMS), which has had exploration success at multiple projects and has grown itself through acquisitions, as well as current takeover target Cardinal Resources (ASX:CDV).
But even long-term producers have also witnessed big spikes, one example being St Barbara (ASX:SBM).
While the buy now, pay later (BNPL) boom was yet to begin in 2014, Zip Co (ASX:Z1P) makes the list because it entered the ASX via the shell of Rubiana Resources.
The BNPL sector has taken off ever since as new companies entered the space and it became popular with Australian consumers. According to consumer site Mozo, 5.8 million people now have an account with a provider.
Another tech winner is ASX200 company Altium (ASX:ALU). This firm makes PC-based electronics design software for engineers who design printed circuit boards.
In the health sector winners include opthamology biotech Opthea (ASX:OPT), which has seen clinical trial success, and radiology software stock Pro Medicus (ASX:PME) which has been successful on the sales front.