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

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

| More on:

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:

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

Image source: Getty Images

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

Man smiling on top of rocks with mountains in the background.
52-Week Highs

What are brokers saying about these ASX shares hitting 52-week highs

Can these shares keep rising?

Read more »

Three climbers scramble up a rocky peak overlooking a vast snow covered mountain range with an icy blue sky beyond them.
52-Week Highs

What are experts saying about these red hot ASX 200 shares?

These stocks are soaring right now.

Read more »

A man sits on a bench atop a mountain with a laptop, making investments with a green ESG mind.
52-Week Highs

Are these ASX stocks hitting 52-week highs a buy, hold, or sell?

Can these market winners keep rallying?

Read more »

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 200 titans charging to new one-year-plus highs today

Investors just sent these three ASX 200 titans surging to new 52-week-plus highs. But why?

Read more »

Businessman smiles with arms outstretched after receiving good news.
52-Week Highs

Why this reliable ASX dividend stock just climbed to a fresh multi-year high

This ASX dividend stock just touched its highest level since 2023.

Read more »

green arrow rising from within a trolley.
Defensive Shares

Woolworths' $37 share price is near an all-time high, so why am I going to buy some as soon as possible?

Why I still see Woolworths shares as a buy despite trading near all-time highs.

Read more »

A kid and his grandad high five after a fun game of basketball.
52-Week Highs

Telstra just hit a 10-year high. Has this ASX income giant still got more to give?

Telstra’s breakout to a multi-year high is turning heads.

Read more »

Two friends giving each other a high five at the top pf a hill.
52-Week Highs

Are these ASX shares hitting 52-week highs still worth buying?

Is there any more upside for these stocks?

Read more »