8 ASX 300 shares hitting new price highs today

New share price records were set despite the broader market trading in the red.

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S&P/ASX 300 Index (ASX: XKO) shares are currently down 0.66% to 8,185.70 points.

Meantime, several companies in the index have hit new share price highs today.

ASX 300 shares setting new price records on Tuesday

Telix Pharmaceuticals Ltd (ASX: TLX)

This ASX 200 healthcare share rose to a new record price of $31.34 during intra-day trading today.

The biopharmaceutical company has been flying high since releasing its FY24 full-year results last week.

Telix revealed a 56% increase in revenue to $783.2 million and an 860% increase in net profit after tax (NPAT) to $49.9 million.

In the year ahead, management is guiding revenue of between $1.18 billion and $1.23 billion. This would represent a rise of between 51% and 57%, respectively.

Medibank Private Ltd (ASX: MPL)

Stock in the private health insurer Medibank Private lifted to an all-time high of $4.09 during trading today.

This was despite no official news pertaining to the ASX healthcare share today.

A2 Milk Company Limited (ASX: A2M)

This ASX 200 consumer staple share reached a new 52-week high of $7.85 during intra-day trading on Tuesday.

A2 Milk shares are riding the momentum wave since the infant milk formula company revealed its 1H FY25 results and announced its maiden dividend earlier this month.

Ramelius Resources Ltd (ASX: RMS)

At the time of writing, ASX 200 gold share Ramelius Resources had peaked at a new record high of $2.79 today.

Ramelius shares are having a great run, rising by around 12% in February alone.

The miner released its 1H FY25 results last week, revealing a record NPAT of $170.4 million, up 313% year over year.

Ramelius also announced a maiden fully franked interim dividend of 3 cents per share.

Perseus Mining Ltd (ASX: PRU)

With just an hour of trade remaining, fellow gold stock Perseus Mining hit a 13-year high share price of $3.03 today.

Perseus released its 1H FY25 report yesterday. The company revealed a 19% lift in revenue and a 22% increase in NPAT for the six months ending 31 December.

Perseus shares will pay an interim dividend of $2.50 per share on 8 April.

Sims Ltd (ASX: SGM)

ASX 200 materials share Sims rose to a new 52-week high of $14.45 in intra-day trading on Tuesday.

The metals recycler released its 1H FY25 results today. Sims reported an underlying NPAT of $35.1 million, up 401.4%.

Sims shares will pay an interim dividend of 10 cents per share on 19 March.

Helia Group Ltd (ASX: HLI)

This ASX 200 financial share hit an all-time high of $5.69 after the lenders' mortgage insurance provider released its full-year FY24 results today.

Helia reported a 6% lift in gross written premium to $195.6 million but an 11% decline in underlying NPAT to $220.9 million.

The company announced an increased share buyback and a special dividend.

Helia declared a fully franked final ordinary dividend of 16 cents per share plus a fully franked special dividend of 53 cents per share.

Austal Ltd (ASX: ASB)

This ASX 300 industrials stock hit a five-year high of $4.21 per share today.

Austal shares have been on an upward trajectory since the defence shipbuilder released its 1H FY25 report last week.

Austal achieved a 108.9% increase in NPAT to $25.1 million and lifted its net cash position from $3.9 million on 30 June to $212.6 million on 31 December.

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 positions in and has recommended Austal and Telix Pharmaceuticals. The Motley Fool Australia has recommended A2 Milk and Telix Pharmaceuticals. 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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