3 ASX All Ords shares cracking new 52-week highs on Tuesday

Despite the All Ords trading in the red today, these companies are flying.

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The ASX All Ords is 0.48% in the red in afternoon trading, currently at 7,489.6 points.

But some ASX stocks are going their own way on Tuesday.

Here are three companies setting new 52-week share price highs today.

The ASX All Ords shares hitting new highs

CSR Limited (ASX: CSR)

Shares in building products supplier CSR reached a 52-week high of $6.10 today. The last price-sensitive news out of CSR came on 4 July when it announced an acquisition. CSR has bought long-standing client Woven Image, a designer and manufacturer of sustainable acoustic solutions for walls and ceilings, for $43 million. The purchase was completed last Friday. The ASX All Ords share is up 38% in 12 months.

Air New Zealand Limited (ASX: AIZ)

ASX travel share Air New Zealand smashed a new 52-week peak of 77 cents today. The latest major news out of the company was its FY23 results on 24 August. Air New Zealand reported a net profit after tax (NPAT) of $412 million vs. a loss of $591 million in the COVID-impacted FY22. The ASX All Ords share is up 28% over the past 12 months.

Emerald Resources NL (ASX: EMR)

ASX gold mining share Emerald Resources hit a new 52-week high of $2.55. The most recent price-sensitive news came yesterday when Emerald Resources released its supplementary bidder's statement. This pertains to its off-market takeover offer for the unlisted gold miner Bullseye Mining Limited, which it announced on 27 July. The ASX All Ords share is up 118.5% in 12 months.

Motley Fool contributor Bronwyn Allen 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.

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