Two stocks from very different industries ran more than 300 per cent on the ASX this week, while battery metals nickel and lithium continue to produce big winners.
FLASHPOINT - TRANSCRIPT
Tim - But first here's Matt Birney with the ASX Runners of the Week.
Tim - Thanks to Argonaut
Matt Birney - Thanks Tim
Matt Birney - Well GreenTech Metals nearly quadrupled this week after discovering lithium rock chips in the Pilbara. Its stock hiked from 10.5 cents to 44.5, up 323 per cent.
Matt Birney - Golden Mile Resources hit the highest grades of nickel yet at the company’s Southern WA project. Its share price took flight to 6.5 cents after closing out last week at around 2.
Matt Birney - Mark Creasy backed Azure Minerals also turned heads, putting on $200m in market value when it hit an incredible 105m lithium intersection grading 1.26 per cent. Its stock rocketed 85 per cent from 62.5 cents to $1.16, and even dragged neighbouring explorer Errawarra Resources along by 141 per cent in the nearology stampede that followed.
Matt Birney - And finally dual-listed digital health-tech provider Advanced Health Intelligence charged from 8.5 to 40 cents after nearly 10-bagging on the NASDAQ despite no news in the market. A move that caused the ASX to wade in with a please explain.
Matt Birney - No surprises there with a 370 per cent hike and no announcement.