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

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

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

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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.

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