Why 4DS, Lindian Resources, Red 5, and Wildcat Resources shares are racing higher

These ASX shares are having a strong start to the week.

| More on:
An investor sits at her desk and stretches her arms above her head in delight.

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) is having a tough start to the week. In afternoon trade, the benchmark index is down 0.6% to 7,235.3 points.

Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising:

4DS Memory Ltd (ASX: 4DS)

The 4DS share price is up 25% to 18.2 cents. This morning, this semiconductor company revealed significantly better results than those that were announced last month for its random-access memory (ReRAM) cells in the megabit array. Management notes that write speeds were 9.5 nanoseconds, which significantly outperforms DRAM write speeds.

Lindian Resources Ltd (ASX: LIN)

The Lindian Resources share price is up 2% to 25.5 cents. This follows the release of drilling results from the rare earths explorer's Kangankunde project in Malawi. Lindian's Executive Chairman, Asimwe Kabunga, commented: "Kangankunde's scale continues to grow and this is attracting the interest of a number of parties seeking to secure offtake from our planned Stage 1 operation."

Red 5 Limited (ASX: RED)

The Red 5 share price is up 21% to 26.7 cents. Investors have been buying this ASX gold share following news of a major block trade before the market open. Someone picked up 372,897,512 units in Red 5 for an 18.2% premium of 26 cents per share. There are rumours that fellow gold miner Genesis Minerals Ltd (ASX: GMD) was behind the purchase.

Wildcat Resources Ltd (ASX: WC8)

The Wildcat Resources share price is up 83% to 44 cents. This has been driven by the release of drilling results from the lithium explorer's Tabba Tabba Lithium Tantalum Project near Port Hedland in Western Australia. The initial results from 21 holes confirm that pegmatite bodies contain significant widths and grades of lithium mineralisation. This project is close to some major tier-one lithium projects.

Should you invest $1,000 in Bitcoin.ℏ right now?

Before you buy Bitcoin.ℏ shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Bitcoin.ℏ wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

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 Fallers

Frustrated stock trader screaming while looking at mobile phone, symbolising a falling share price.
Share Fallers

Why Block, Corporate Travel Management, Judo, and Zip shares are sinking today

These shares are missing out on the good times on Friday. But why?

Read more »

Man with a hand on his head looks at a red stock market chart showing a falling share price.
Share Fallers

These were the worst-performing ASX 200 shares in April

These shares were out of form last month. But why?

Read more »

Man waiting for his flight and looking at his phone.
Travel Shares

Corporate Travel shares crash 11% as Trump tariffs bite

Trump’s tariffs are roiling Corporate Travel shares on Friday.

Read more »

A young man clasps his hand to his head with his eyes closed and a pained expression on his face as he clasps a laptop computer in front of him, seemingly learning of bad news or a poor investment.
Share Fallers

Why Brainchip, DroneShield, Resolute Mining, and Woodside shares are falling today

These shares are under pressure on Thursday. What's going on?

Read more »

Man with a hand on his head looks at a red stock market chart showing a falling share price.
Share Fallers

Why Appen, Bank of Queensland, Novonix, and Ora Banda shares are falling today

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

Read more »

A woman with a sad face looks to be receiving bad news on her phone as she holds it in her hands and looks down at it.
Share Fallers

Why Brainchip, Catalyst Metals, Northern Star, and Pact Group shares are tumbling today

These shares are having a tough time on Tuesday. But why?

Read more »

A man holds his head in his hands, despairing at the bad result he's reading on his computer.
Share Fallers

Why Brambles, Bravura, Pantoro, and Telix shares are sinking today

These shares are starting the week in the red. But why?

Read more »

Frustrated stock trader screaming while looking at mobile phone, symbolising a falling share price.
Share Fallers

Why DroneShield, Generation Development, Oneview, and PWR shares are falling today

These shares are ending the week in the red. But why?

Read more »