3 best performing ASX shares in week 9, 28 February 2022
Marc Kennis, March 7, 2022
Best performing ASX shares
This week’s best performing ASX shares are Grange Resources (ASX:GRR), up 50.3%, Hammer Metals (ASX:HMX), up 41.8%, and Yancoal Australia (ASX:YAL), up 39.8%.
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1. Grange Resources (ASX:GRR)
Industry: Basic Materials
Grange Resources (ASX:GRR) owns and operates iron ore mining and pellet production business located in the northwest region of Tasmania. GRR focuses on magnetite projects in two main areas, namely, Savage River Operation, Southdown Project and North Pit Underground Development Project.
Market Cap: $1.3BN
12 month high / low: $0.44 – $1.155
2. Hammer Metals (ASX:HMX)
Industry: Basic Materials
Hammer Metals (ASX:HMX, formerly Midas Resources Limited) is a minerals exploration company with a focus on gold, iron ore, copper projects in Australia.
Market Cap: $77M
12 month high / low: $0.041 – $0.12
3. Yancoal Australia (ASX:YAL)
Industry: Energy
Yancoal Australia (ASX:YAL) is a coal miner. Operating five mines and managing five others across New South Wales, Queensland and Western Australia, Yancoal currently employs approximately 3,000 people, sourcing the majority of them from the local communities in which they operate.
Market Cap: $6.4BN
12 month high / low: $1.925 – $5.28
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