It's been a pretty awful start to this Tuesday's trading for the S&P/ASX 300 Index (ASX: XKO) and ASX 300 shares so far today. At present, the ASX 300 has slipped by 0.32% and is back to around 7,000 points.
So given this slip for the broader markets, it might come as a surprise to see not one, not two, but five ASX 300 shares record new 52-week highs today so far. Let's discuss them.
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Five ASX 300 shares hitting new 52-week highs today
Pro Medicus Limited (ASX: PME)
The Pro Medicus share price is on fire today, no other way of putting it. This ASX 300 healthcare share has rocketed a pleasing 9.03% so far this session and is currently sitting at $77.65 a share at the time of writing.
But this morning, Pro Medicus shares climbed even higher. The company touched a new 52-week high (and all-time record high) of $78.85 just after market open this morning.
The catalyst for this new high appears to be a significant contract win for Pro Medicus which we discussed this morning.
This gain puts the Pro Medicus share price up by more than 43% year to date.
Paladin Energy Ltd (ASX: PDN)
ASX 300 uranium share Paladin is next up. Paladin shares are also having a strong session, with this company currently having risen by 5.45% to $1.10 a share, Paladin's new 52-week high.
There's been no fresh news or announcements from the company itself that explain this new high.
However, Paladin shares, like most ASX uranium shares, have been on a tear lately, thanks to the nuclear fuel's rocketing price, which has recently hit decade highs. The Paladin share price is now up more than 67% in 2023 so far.
Boss Energy Ltd (ASX: BOE)
Boss Energy is another ASX 300 uranium share that has, like Paladin, been on quite the impressive run of late. These shares are, right now, up a robust 3.17% to $4.88.
However, Boss hit a new 52-week (and all-time) high of $4.90 today. It seems that the same factors behind Paladin's ascension are at play here for Boss.
This latest move higher puts Boss Energy up a whopping 140.9% this year.
Deep Yellow Limited (ASX: DYL)
Yet another ASX 300 uranium share, Deep Yellow is next up here. In this company's case, we've seen the shares gain a pleasing 7.47% so far this session, putting Deep Yellow at $1.29 a share.
But earlier this morning, this company touched a high of $1.31, Deep Yellow's new 52-week high. Again, surging uranium prices seem to be behind this latest high watermark for the company.
The Deep Yellow share price is now up by a happy 87% this year.
United Malt Group Ltd (ASX: UMG)
Changing track now, let's discuss ASX 300 malt producer United Malt Group. United Malt shares are booming by less than the other companies on this list today, with United Malt shares gaining 0.41% at present up to $4.95 each. Nevertheless, $4.95 is a new 52-week and all-time high for this company.
This move higher could be a consequence of the upcoming merger United Malt is undertaking with the French company Malteries Soufflet. Malteries Soufflet is buying United Malt for $5 a share, so it's no surprise to see the share price tick up closer to that pricing. This gain puts the United Malt share price up 41.8% in 2023 thus far.
