5 ASX All Ords stocks smashing new multi-year highs on Tuesday

These shares are scaling new heights on Tuesday. But why?

| More on:
A young man pointing up looking amazed, indicating a surging share price movement for an ASX company

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

Much to the delight of investors across Australia, the All Ordinaries (ASX: XAO) index is booming again on Tuesday.

And while the index is trading way off its highs, that hasn't stopped some ASX All Ords stocks from hitting multi-year highs of their own today.

Here are five ASX All Ords stocks achieving this milestone:

Alpha HPA Ltd (ASX: A4N)

The Alpha HPA share price climbed to a multi-year high of $1.21 today. On Monday, this lithium-ion battery materials company released an update that revealed that production of high-purity Al-nitrate has continued with cumulative production having now reached 150 tonnes at its target rate.

Bellevue Gold Ltd (ASX: BGL)

The Bellevue Gold share price hit a multi-year high of $1.65 today. This ASX All Ords gold developer's shares have been on fire since the release of an announcement last week which revealed cash flow generation plans.

Cettire Ltd (ASX: CTT)

The Cettire share price hit a new multi-year high of $3.66 earlier today before dropping into the red. Investors have been buying this online luxury retailer's shares after it delivered very strong growth in FY 2023 despite the cost of living crisis.

Latin Resources Ltd (ASX: LRS)

The Latin Resources share price reached a multi-year high of 38 cents today. Late last month, this lithium developer revealed that multiple spodumene pegmatites were intersected in reconnaissance drilling along strike south-west of the Colina Deposit in Brazil.

Leo Lithium Ltd (ASX: LLL)

The Leo Lithium share price hit a new high of $1.29 today. The lithium developer recently announced the production of its first direct shipped ore (DSO) from the Goulamina Lithium Project in Mali. The first revenue from DSO is on track to be received during the fourth quarter of 2023. The ASX All Ords stock anticipates the export of DSO ore for 6 to 9 months in advance of spodumene production.

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 recommended Cettire. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on 52-Week Highs

A beautiful ocean vista is shown with a woman whose back is to the camera holding her arms up in triumph as she stands at the top of a rock feeling thrilled that ASX 200 shares are reaching multi-year high prices today
52-Week Highs

3 ASX 300 shares smashing new highs while the market dives

These three shares are running hot amid a market meltdown.

Read more »

Three hikers lift their arms in jubilation as they reach a rocky peak overlooking a sensational view of water and mountains with a blue sky surrounding them.
52-Week Highs

3 blue chip ASX 200 shares smashing new highs on Wednesday

These names are finishing the year strongly.

Read more »

Ten smiling business people wave to the camera after receiving some winning company news.
ETFs

10 red-hot ASX ETFs that smashed new highs today

Do you own any of these lucky exchange-traded funds?

Read more »

Two kids stare open-mouthed at what's under their bed.
52-Week Highs

5 under-the-radar ASX 200 shares smashing new highs today

These shares are bucking the market big time.

Read more »

A piggy bank on the cloud in the blue sky symbolising a record high share price.
52-Week Highs

10 ASX 200 shares smashing new highs while the market sinks

Do you own any of these market-defying stocks?

Read more »

A woman looks up at a plane flying in the sky with arms outstretched as the Flight Centre share price surges
Travel Shares

Why the Qantas share price can keep flying to new highs

Qantas shares' new record highs are forecast to be broken in 2025 by this top broker.

Read more »

three businessmen high five each other outside an office building with graphic images of graphs and metrics superimposed on the shot.
Financial Shares

Why did the IAG share price just hit a 5-year high?

Shareholders of this insurance giant are smiling on Tuesday. What's going on?

Read more »

An excited man stretches his arms out above his head as he reaches a mountain peak representing two ASX 200 shares reaching multi-year high prices today
52-Week Highs

This ASX 200 stock just hit a 14-year high following an upgrade from Macquarie

You’d have to go all the way back to May 2010 to find the ASX 200 stock trading at higher…

Read more »