3 best performing ASX shares in the week of 2 May 2022

Marc Kennis Marc Kennis, May 9, 2022

Best performing ASX shares

The three best performing ASX shares in the week of 2 May 2022 were Metalstech (ASX:MTC), up 44%, Red Sky Energy (ASX:ROG), up 27.3%, and Castile Resources (ASX:CST), up 25%.

 

GET A 30-DAY FREE TRIAL TO STOCKS DOWN UNDER

 

1. Metalstech (ASX:MTC)

Industry: Resources

Metalstech Limited (ASX:MTC) is involved in gold and lithium exploration. The company has two major projects Sturec Gold Project and Cancet Lithium Project.

Market Cap: $60m

12 month high / low: $0.12 – $0.80

 

Metalstech

 

 

2. Red Sky Energy (ASX:ROG)

Industry: Energy

Red Sky Energy Limited (ASX:ROG) is an oil and gas exploration company that is focused on coal seam gas (CSG). The Company continues to review other opportunities in Australasia and South East Asia.

Market Cap: $37M

12 month high / low: $0.0045 – $0.013

 

Red Sky Energy

 

 

3. Castile Resources (ASX:CST)

Industry: Resources

Castile Resources Ltd (ASX:CST) is in the business of mineral exploration and development in the Northern Territory. Castile’s strategy is to explore the Projects, including by undertaking follow up drilling and identifying and exploring exploration targets in project areas that have not been effectively tested. It holds interest in “The Rover Project” and “The Warumpi Project”.

Market Cap: $45m

12 month high / low: $0.155 – $0.30

 

Castile Resources

 

 

Learn more about ASX-listed stocks with
Stocks Down Under!

 

Subscribe to Stocks Down Under today!

 

GET A 30-DAY FREE TRIAL

 

No credit card needed and the trial expires automatically.

 

 

Blog Categories

Get Our Top 5 ASX Stocks for FY26

Recent Posts

paladin

Paladin Energy (ASX:PDN) Jumps 10% as Revenue Surges Past A$177M

Paladin Energy (ASX: PDN) Surges as Uranium Producer Era Begins Paladin Energy (ASX: PDN) gave investors reason to cheer as…

mpw

Metal Powder Works (ASX: MPW) Falls 14% — Growing Pains or a Setup for Long-Term Gains?

Metal Powder Works Plunges 14% as Growth Story Faces Reality Check Metal Powder Works (ASX: MPW) took a sharp fall…

Blinklab

Blinklab (ASX:BB1): Is this exciting company the next ResApp?

Blinklab (ASX:BB1) is the answer to the question of how you could help children with autism – a response that…