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

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