Why Neometals, Neurizer, Paladin Energy, and Perseus Mining shares are rising

These ASX shares are having a strong session on Thursday.

| More on:
A graphic showing a businessman running up a white upwards rising arrow symbolising the soaring Magellan share price today

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) has returned to form on Thursday. In afternoon trade, the benchmark index is up 0.25% to 7,110 points.

Four ASX shares that are climbing more than most today are listed below. Here's why they are rising:

Neometals Ltd (ASX: NMT)

The Neometals share price is up almost 16% to 55.5 cents. This morning, this battery materials producer provided an update on its joint venture, Primobius. According to the release, the demonstration plant trialling process improvements to the hydrometallurgical refining flowsheet have yielded outstanding results. This has seen nickel, cobalt and copper recoveries of >95%.

Neurizer Ltd (ASX: NRZ)

The Neurizer share price is up a massive 57% to 8 cents. This morning the energy company announced a binding contract with China's largest integrated hydrogen company, Meijin Energy Investments, for site assessments and operating in situ gasification sites. The agreement offers Neurizer a significant opportunity to enter China's growing hydrogen market and establish a joint venture partnership.

Paladin Energy Ltd (ASX: PDN)

The Paladin Energy share price is up 11% to 60.7 cents. Investors have been buying this uranium developer's shares after it downplayed reports that the Namibian government is seeking to take minority stakes in mines in the southern African country. Paladin owns the significant Langer Heinrich Mine in Namibia.

Perseus Mining Limited (ASX: PRU)

The Perseus Mining share price is up 5% to $1.92. This follows a rise in the gold price overnight due partly to increased market volatility. It isn't just Perseus Mining that is climbing today. The S&P/ASX All Ordinaries Gold index is up a sizeable 2.9% this afternoon.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the 'five best ASX stocks' for investors to buy right now. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now...

See The 5 Stocks *Returns as of 30 April 2025

Motley Fool contributor James Mickleboro 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.

More on Share Gainers

Businessman smiles with arms outstretched after receiving good news.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a wonderful Wednesday session for investors today.

Read more »

A man with a wide, eager smile on his face holds up three fingers.
Gold

3 reasons this ASX 200 gold mining giant could soar higher into 2026

A leading expert forecasts more outperformance from this surging ASX 200 gold stock.

Read more »

Person pointing at an increasing blue graph which represents a rising share price.
Share Gainers

Why Adriatic Metals, Catapult, Seek, and TechnologyOne shares are racing higher today

These shares are having a good time on hump day. But why?

Read more »

A woman's hand draws a stylised 'Top Ten' on a projected surface.
Share Gainers

Here are the top 10 ASX 200 shares today

ASX shares returned to positive territory this Tuesday.

Read more »

Overjoyed man celebrating success with yes gesture after getting some good news on mobile.
Share Gainers

Why Breville, Clarity, EOS, and TechnologyOne shares are racing higher today

These shares are having a strong session on Tuesday. But why?

Read more »

Person pretends to types on laptop drawn in sand.
Share Gainers

Here are the top 10 ASX 200 shares today

ASX investors had a rough start to the week today.

Read more »

A person in a gorilla suit leaps really high holding a banana, nearly doing the splits.
Share Gainers

Up 1,238% in a year, why is this ASX gold stock surging again on Monday?

The ASX gold stock is now well into ten-bagger range and still rising fast today.

Read more »

A happy investor sits at his desk in front of his laptop and does the mexican wave with his arms to celebrate the returns from his ASX dividend shares
Share Gainers

Why EOS, Gorilla Gold, Lendlease, and OFX shares are charging higher today

These shares are starting the week on a positive note. But why?

Read more »