The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is having a strong finish to the week. In afternoon trade the benchmark index is up 0.7% to 5,693 points.
Four shares ending the week with especially strong gains are listed below. Here's why they are ending the week with a bang:
The Galaxy Resources Limited (ASX: GXY) share price has continued its strong run and is up a further 3.5% to $3.17. This latest gain means that the lithium miner's shares have risen over 58% in just three months. Investors appear confident that Galaxy is in a strong position to profit from the burgeoning electric vehicle market.
The Netcomm Wireless Ltd (ASX: NTC) share price has jumped 12% to $1.21 despite there being no news out of the broadband technology company. But as I pointed out yesterday when its shares fell to a 52-week low, its shares did look reasonably good value consider management's outlook for FY 2018.
The Pilbara Minerals Ltd (ASX: PLS) share price has stormed 8% higher to 77 cents. The lithium miner's shares have been on a tear since it announced a binding agreement with China-based Great Wall Motor Company for Stage 2 off-take from its flagship Pilgangoora Lithium-Tantalum Project in Western Australia. Its shares have almost doubled in value in a month.
The Pioneer Credit Ltd (ASX: PNC) share price is up 3.5% to $2.64 after the financial services company provided a positive trading update. As a result of its strong performance thus far, management expects earnings to increase 48% in FY 2018. With growth like that, Pioneer could be worth a closer look.
