The All Ordinaries Index (ASX: XAO) is back in the green today, driven high by three shares posting new multi-year highs. Right now, the benchmark index is up 0.3% at 7,110.5 points.
Meanwhile, these ASX All Ordinaries shares have gained as much as 6.9% today to hit their highest points in years.
So, whatâs bolstering them to long-forgotten, or never-before-seen, heights? Keep reading to find out.
3 ASX All Ordinaries shares posting multi-year highs
First off the rank is the share price of ASX All Ordinaries gold developer Tietto Minerals Ltd (ASX: TIE). The stock launched to a new all-time high of 77 cents earlier today, marking a 6.9% gain.
Interestingly, thereâs been no news from the miner this month. Additionally, the market had no reaction to its latest quarterly report, released in late October.
Though, the S&P/ASX All Ordinaries Gold Index (ASX: XGD) is gaining 3.9% right now and gold futures lifted 2.8% on Friday to reach US$1,676.60 an ounce.
The Stanmore Resources Ltd (ASX: SMR) share price also soared to a new all-time high today, reaching $3.21 in early trade despite the companyâs silence. Sadly, itâs since plunged into the red.
The ASX All Ordinaries coal share has had a ripper ride through 2022 so far, gaining more than 200% year to date.
Finally, the Syrah Resources Ltd (ASX: SYR) share price took off this morning, gaining 3.9% to reach $2.65 â its highest point since 2018.
Once again, thereâs been no news from the graphite and battery anode developer today.
Though, both it and Tietto Minerals were among the best performing ASX All Ordinaries resources shares in October.
The post 3 ASX All Ordinaries shares hitting new multi-year highs today appeared first on The Motley Fool Australia.
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More reading
- Top 3 rising ASX resources shares in October
- Why has the Paladin Energy share price surged 11% in a month?
- Up 30% in a month, the ASX coal share that still ‘seems too cheap’: expert
- 2 ASX companies producing minerals the whole world wants: expert
- 5 ASX shares that have crushed the market this year
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 Scott Phillips.
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