3 best performing ASX shares in the week of 2 May 2022
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
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
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
Learn more about ASX-listed stocks with
Stocks Down Under!
Subscribe to Stocks Down Under today!
No credit card needed and the trial expires automatically.
Blog Categories
Get Our Top 5 ASX Stocks for FY25
Recent Posts
Indo-Pacific Tensions Are Increasing — Could Defence Tech Stocks Be Your Next Big Win?
The Indo-Pacific region, home to more than half of the world’s population, has seen a sharp rise in geopolitical tensions.…
Here’s what you need to know about dual class shares and why the ASX still bans them in 2025
If you want to invest in the world’s biggest tech companies, you need to know about Dual class shares. Even…
Uber (NYSE:UBER): Finally mature and profitable, but with more growth to come
More than a decade and a half since it was founded, Uber (NYSE:UBER) is finally a mature company. It has…