2021 came with many ups and downs, both on and off the market, but these 5 ASX shares weathered the storm to come out on top.
We've taken a look at the All Ordinaries Index (ASX: XAO) – the index often used to gauge the market's performance – to find the top performing shares of last year.
If you held any of these All Ords stocks in 2021, pat yourself on the back. You've picked a winner.
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5 best performing ASX All Ords shares of 2021
Novonix Ltd (ASX: NVX) – gained 659%
Leading the All Ords is lithium-ion battery giant Novonix.
The company's shares finished 2020 trading at $1.21 before surging to close 2021 at a whopping $9.19. That's a 659% gain in just 12 months.
The company hit the ground running in January by announcing its PUREGraphite business had received a US$5.6 million grant.
Its fortunes were also driven by a strategic investment from Phillips 66 (NYSE: PSX) and the purchase of a new battery anode facility.
Cettire Ltd (ASX: CTT) – gained 657%
Cettire started 2021 as one of the ASX's newest faces before surging to close the year 657% higher than it started it. The company's stock grew from just 47 cents to $3.56 last year.
Interestingly, Cettire didn't announce much news over the period. Instead, it continuously beat its forecasted earnings and seemingly positioned itself for more growth in the future.
Liontown Resources Limited (ASX: LTR) – gained 388%
December wasn't a good month for the Liontown share price.
Fortunately, the company had rallied so much during the first 11 months of 2021, it could absorb the tumble and land well, taking its crown as the third best performing ASX All Ords share of 2021.
Over the course of 2021, the Liontown share price grew from 34 cents to $1.66.
The major catalyst for its incredible growth seems to have been its Kathleen Valley lithium project.
In other big news, Liontown demerged its non-lithium assets into spin out company Minerals 260 Ltd (ASX: MI6) last year.
AVZ Minerals Ltd (ASX: AVZ) – gained 358%
Another lithium miner has ended the year as one of the best performing ASX All Ords shares.
2021 was a brilliant year for the AVZ Minerals share price. It grew from 17 cents to 78 cents over the 12-month period.
The company is a lithium, tin, and tantalum explorer with operations in the Democratic Republic of Congo.
It continuously reported positive drill results and updates for its Manono Project over 2021, driving its share price to surge a mammoth 358%.
Imugene Limited (ASX: IMU) – gained 300%
The final top performer of the All Ords for 2021 is clinical stage immuno-oncology company Imugene.
Last year, it continued working on several pipeline products with its HER-Vaxx product approaching the completion of its Phase 2 trial at the end of 2021. The company also licenced its CAR T cell cancer therapy in May.
Having ended 2020 trading at 10 cents, the Imugene share price close 2021 trading at 40 cents.
