The S&P/ASX 200 Index (ASX: XJO) is up 0.7% in afternoon trade on Tuesday, with these five ASX 200 stocks smashing new 52-week-plus highs.
So, which large-cap shares are hitting new one-year-plus highs today?
Read on!
ASX 200 stocks cracking new 52-week-plus highs
The first company marching to new highs today is National Australia Bank Ltd (ASX: NAB).
Shares in the bank stock are up 1.2% in afternoon trade today, swapping hands for $44.17 apiece.
That's not just a 52-week high for NAB shares; if the bank can hold onto these gains, it will represent a new all-time closing high. NAB shares are up 11% in a year, and the stock trades on a fully franked dividend yield of 3.8%.
The second ASX 200 stock notching new 52-week-plus highs today is Evolution Mining Ltd (ASX: EVN).
Evolution Mining shares have been on a tear, supported by the miner's own operational successes and the surging gold price. Gold itself hit new all-time highs of US$3,749 per ounce this morning.
Evolution Mining shares are up 1.2% today, changing hands for $10.22 apiece. That sees shares up 133% in 12 months and also would mark a new record high closing price. Evolution shares trade on a 2.0% fully franked dividend yield.
Moving on to the third ASX 200 stock smashing new one-year-plus highs, we have Lynas Rare Earths Ltd (ASX: LYC).
Shares in the Aussie rare earths miner have benefited from the Western world's pursuit of rare earths elements outside of China's dominating control. Lynas shares are up 7.2% today, trading for $16.39 a share.
You'd have to go back to September 2011 to find Lynas shares closing at a higher price than this.
What other stocks are hitting new one-year-plus highs?
Remember the record high gold price?
Well, that's also helped propel Newmont Corp (ASX: NEM) onto today's list of ASX 200 stocks at new highs.
Shares in the gold mining giant are up 1.7% today, currently changing hands for $126.96 apiece.
Newmont shares first listed on the ASX on 27 October 2023 after the American-based miner acquired then-Australian gold stock Newcrest Mining. If Newmont can hold these gains until the close, it will represent the highest closing price since joining the ASX.
Which brings us to our fifth ASX 200 stock smashing new 52-week-plus highs, Seek Ltd (ASX: SEK).
Shares in the online job advertising company are up 1.6%, trading for $29.38 apiece. That sees the Seek share price up 22% in a year. Seek also trades on a fully franked 1.6% dividend yield.
And if Seek shares can hold these gains to close, it will mark the highest closing price since March 2022.
