3 ASX All Ordinaries shares hitting new multi-year highs today

These three ASX shares rocketed to long-forgotten highs this morning.

| More on:
Rocket powering up and symbolising a rising share price.

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 All Ordinaries Index (ASX: XAO) is back in the green today, driven high by three shares posting new multi-year highs. Right now, the benchmark index is up 0.3% at 7,110.5 points.

Meanwhile, these ASX All Ordinaries shares have gained as much as 6.9% today to hit their highest points in years.

So, what's bolstering them to long-forgotten, or never-before-seen, heights? Keep reading to find out.

3 ASX All Ordinaries shares posting multi-year highs

First off the rank is the share price of ASX All Ordinaries gold developer Tietto Minerals Ltd (ASX: TIE). The stock launched to a new all-time high of 77 cents earlier today, marking a 6.9% gain.

Interestingly, there's been no news from the miner this month. Additionally, the market had no reaction to its latest quarterly report, released in late October.

Though, the S&P/ASX All Ordinaries Gold Index (ASX: XGD) is gaining 3.9% right now and gold futures lifted 2.8% on Friday to reach US$1,676.60 an ounce.

The Stanmore Resources Ltd (ASX: SMR) share price also soared to a new all-time high today, reaching $3.21 in early trade despite the company's silence. Sadly, it's since plunged into the red.

The ASX All Ordinaries coal share has had a ripper ride through 2022 so far, gaining more than 200% year to date.

Finally, the Syrah Resources Ltd (ASX: SYR) share price took off this morning, gaining 3.9% to reach $2.65 – its highest point since 2018.

Once again, there's been no news from the graphite and battery anode developer today.

Though, both it and Tietto Minerals were among the best performing ASX All Ordinaries resources shares in October.

Motley Fool contributor Brooke Cooper 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 52-Week Highs

Woman attached to rocket flies into the air
52-Week Highs

Scores of ASX mining shares hit 52-week highs

BHP, Rio Tinto, South32, and Mineral Resources shares are among those that hit 52-week highs today.

Read more »

A graphic image of three upward pointing arrows with smoke coming from their bottoms, indicating the arrows are taking off just like the Althea share price today
52-Week Highs

Why Rio Tinto, Evolution Mining and BHP shares just smashed new 52-week highs

BHP, Rio Tinto, and Evolution Mining shares are lifting off today.

Read more »

A man in a business suit holds his coffee cup aloft as he throws his head back and laughs heartily.
Resources Shares

ASX mining shares dominate stocks hitting 52-week highs

BHP, Fortescue, Rio Tinto, and Evolution Mining shares are among those that hit 52-week highs today.

Read more »

Three satisfied miners with their arms crossed looking at the camera proudly
Resources Shares

Major ASX 200 mining shares hit 52-week highs

BHP, Fortescue, and Rio Tinto shares set new 52-week highs today.

Read more »

Concept image of a businessman riding a bull on an upwards arrow.
52-Week Highs

2 ASX 200 mining stocks smashing new 52-week highs on Thursday

Investors just sent these two ASX 200 mining stocks rocketing to one-year-plus highs. But why?

Read more »

A female sharemarket analyst with red hair and wearing glasses looks at her computer screen watching share price movements.
Materials Shares

ASX lithium shares outperform as ASX 200 tumbles to four-month low

Several ASX lithium shares have hit new 52-week highs amid the broader market tumbling to a four-month low.

Read more »

Concept image of a businessman riding a bull on an upwards arrow.
Materials Shares

6 ASX lithium shares streak to new 52-week highs

Six ASX lithium shares including Pilbara Minerals have reset their 52-week highs due to rising commodity values.

Read more »

A bearded man holds both arms up diagonally and points with his index fingers to the sky with a thrilled look on his face over these rising Tassal share price
52-Week Highs

Why are Core Lithium shares soaring 27% to a 52-week high today?

Core Lithium shares have new momentum due to higher lithium prices and an update released this week.

Read more »