3 Best Performing ASX shares in week 4, 24 January 2022
Marc Kennis, January 31, 2022
Best performing ASX shares: In a very tough week for equities markets, there we still some stocks doing well. Aston Minerals (ASX:ASO), that we flagged as a great trading opportunity very recently, was up 20% last week. It’s up more than 70% since we flagged it!
Myer (ASX:MYR) was up 14.9% for the week, while Mindax’s (ASX:MDX) 14.3% rise rounds out the top 3 best performing ASX shares last week.
1. Aston Minerals (ASX:ASO)
Industry: Materials
Aston Minerals (ASX:ASO) explores for cobalt, nickel, copper, gold, and silver deposits. Its flagship project is its Edleston Gold Project in the Canadian province of Ontario. What makes this company particularly interesting is that it has Tolga Kumova on its board with more than 11% ownership in the stock.
Market Cap: $172M
12 month high / low: $0.235 – $0.029
2. Myer (ASX:MYR)
Industry: Consumer cyclicals
Myer Holdings Limited (MYR) is an Australian department store group with a network of 61 stores across Australia. MYR’s stores offer fashion and apparel for men, women and children; accessories; cosmetics; homeware; furniture; electrical goods and general merchandise. MYR also provides a consumer loyalty program.
Market Cap: $345M
12 month high / low: $0.635 – $0.28
3. Mindax (ASX:MDX)
Industry: Materials
Mindax (ASX:MDX) is a mineral exploration company with a portfolio of minerals projects in Western Australia. The Company retained its iron project, consisting of a parcel of seven mining tenements for 54 km2 at Mt. Forrest, located in Western Australia, and its exploration licence (Exploration Licence 51/1705) in the Meekatharra region of Western Australia during the year and has continued to review the development options for the Mt. Forrest Iron Project.
Market Cap: $76m
12 month high / low: $0.235 – $0.015
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