4 ASX All Ordinaries shares hitting new 52-week highs today

The All Ordinaries Index (ASX: XAO) is back in the green on Wednesday, driven higher by four shares leaping to new 52-week highs.

Right now, the All Ordinaries Index is up 0.12%, trading at 7,606.9 points.

Let’s take a closer look at four shares trading at their highest point in more than a year today.

4 ASX All Ordinaries shares soaring to 52-week highs

The Stanmore Resources Ltd (ASX: SMR) share price is on the up and up today, gaining 5% at its intraday peak to hit an all-time record high of $3.55.

The coal miner has been on a major roll over the last 12 months, gaining more than 230% in that time.

Joining the coal miner in the green is All Ordinaries biopharmaceutical share Clinuvel Pharmaceuticals Limited (ASX: CUV). It soared 3% earlier today to reach $26.65 – the highest it’s been since this time last year.

The last 12 months have been a rollercoaster for the healthcare stock. Six months before it soared to today’s high, the stock hit a low of $13.16.

Clinuvel isn’t the only All Ordinaries biopharma share posting 52-week highs today.

The share price of Neuren Pharmaceuticals Ltd (ASX: NEU) also surged to a multi-year high of $9.08 earlier today. That marked a 1.6% gain on its previous close.

The last time the stock traded at such levels was in 2007 – before the Global Financial Crisis took hold of markets around the world.

The final ASX All Ordinaries share soaring to long-forgotten highs is Aroa Biosurgery Ltd (ASX: ARX). It surged to $1.20 in afternoon trade – a 1.7% gain on its previous closing price.

The company listed on the ASX following its $45 million initial public offering (IPO) in mid-2020. Investors who got on board in its IPO did so for just 75 cents per share.

The post 4 ASX All Ordinaries shares hitting new 52-week highs today appeared first on The Motley Fool Australia.

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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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