5 ASX 200 stocks smashing 52-week-plus highs on Tuesday

Investors just sent these five ASX 200 stocks soaring to multi-year highs. But why?

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

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!

A beautiful ocean vista is shown with a woman whose back is to the camera holding her arms up in triumph as she stands at the top of a rock feeling thrilled that ASX 200 shares are reaching multi-year high prices today

Image source: Getty Images

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.

Motley Fool contributor Bernd Struben 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.

More on 52-Week Highs

a person stands arms outstretched on the top of a mountain with a beautiful sunrise in the sky
52-Week Highs

3 ASX 200 shares, including Macquarie and BHP, smashing new 52-week-plus highs today

Investors just sent Macquarie, BHP, and this top ASX 200 share to new one-year-plus highs. But why?

Read more »

A young woman raises her hands in joyful celebration as she sits at her computer in a home environment.
52-Week Highs

This ASX tech stock just hit a 52-week high after soaring 35% in a month

Investors have sent this ASX tech share to a yearly high.

Read more »

Children skipping and jumping up a hill.
52-Week Highs

QBE shares just hit a decade high. Is it too late to buy?

QBE shares just hit decade highs after a strong start to 2026.

Read more »

A team of people giving the thumbs up sign.
52-Week Highs

Transurban, Aurizon, Ampol shares hit fresh multi-year highs: Buy, sell or hold today?

These ASX 200 shares have significantly outpaced the index so far in 2026.

Read more »

Hand of a woman carrying a bag of money, representing the concept of saving money or earning dividends.
52-Week Highs

Can these ASX shares hitting 52-week highs keep rising?

It could be time to take profits on these winning stocks.

Read more »

An older couple enjoying their retirement come together in their warm heated home with fire cracker sparklers.
52-Week Highs

These ASX stocks have hit the ground running in June – can they keep rising?

Where to next for these red hot shares?

Read more »

A young woman raises her hands in joyful celebration as she sits at her computer in a home environment.
52-Week Highs

3 top ASX shares at 52-week highs I'd still buy

A 52-week high should not automatically scare investors away if the business still has room to improve over time.

Read more »

Man smiling on top of rocks with mountains in the background.
52-Week Highs

Are these ASX shares a buy, hold or sell after hitting fresh 52-week highs?

Is there any upside left for these shares?

Read more »