5 ASX lithium and green metals shares hitting new 52-week highs today

Wednesday is proving to be a good day for these ASX lithium and green metals shares. They’ve each hit their highest point in at least 12 months.

While many have managed to hold onto their gains from earlier today, others have slipped into the red this afternoon.

So, which ASX lithium and green metals stocks have surged to new 52-week highs today? Let’s take a look.

5 ASX lithium and green metals shares besting 52-week records

Firefinch Ltd (ASX: FFX)

The Firefinch share price is one of today’s top performing All Ordinaries Index (ASX: XAO) shares.

At its intraday high, the gold miner and lithium developer’s stock launched to trade at $1.07 – 13.8% higher than its previous close and a new multi-year high.

Its gains came on the back of news that the company’s subsidary has received an exploration licence for the area containing the Beledjo-Koting gold deposit.

At the time of writing, the Firefinch share price has slipped slightly to trade at $1.03, 9.79% higher than it was at the end of yesterday’s session.

Core Lithium Ltd (ASX: CXO)

The Core Lithium share price also shot up today, reaching its highest point of the day early this morning.

Then, it reached a new all-time high of $1.33 – representing a 3.1% gain on it previous closing price.

Sadly, that surge didn’t hold. Right now, the ASX lithium developer’s share price has slipped to $1.27, a 0.78% fall.

The market hasn’t heard news from Core Lithium this week. However, the shock resignation of the company’s CEO sent its stock lower on Friday.

Western Areas Ltd (ASX: WSA)

Nickel producer, Western Areas also saw its share price launch higher this morning.

It reached an intraday high of $3.65, just 2 cents more than its previous closing price.

That’s also the highest the green metal share has traded for in more than 3 years.

The Western Areas share price has since slumped slightly to trade flat with its previous closing price.

Lake Resources N.L. (ASX: LKE)

The Lake Resources share price built on the gains it secured on Tuesday to reach a new 52-week high today.

The ASX lithium developer’s share price surged 14.8% yesterday on the back of a major offtake agreement.

It’s back in the green again today, gaining 3.1% at its intraday high to trade at a new 52-week record of $1.99.

It has since dropped to trade just 1.3% higher at $1.95.

AVZ Minerals Ltd (ASX: AVZ)

Finally, the AVZ Minerals share price surpassed its previous 52-week high on Wednesday before plunging into the red.

The stock’s initial surge and eventual dip today followed 9 consecutive sessions in which it gained at least 3% each day.

That culminated in the ASX lithium and green metals developer’s share price reaching $1.24 in early morning trade. That’s the highest price the company’s stock has ever reached.

However, its gains didn’t hold. At the time of writing, the AVZ Minerals share price is trading for $1.21, 1.62% lower than its previous close.

The post 5 ASX lithium and green metals shares hitting new 52-week highs today appeared first on The Motley Fool Australia.

More reading

• Why Eagers Automotive, Firefinch, Latin Resources, and Piedmont Lithium are rising today
• Why is the Firefinch (ASX: FFX) share price soaring 12% to a 14-year high?
• These 3 ASX 200 shares are topping the volume charts this Tuesday
• Why Block, Lake Resources, Nearmap, and Telix shares are racing higher
• Core Lithium (ASX:CXO) shrugs off sector falls to notch up all-time high

Motley Fool contributor Brooke Cooper 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 Bruce Jackson.

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