Business
Here’s why SEEK (ASX:SEK) and these ASX shares are at 52-week highs
Although the share market is tumbling lower today, that hasn’t stopped a number of shares from pushing higher.
In fact, a few have even managed to climb to 52-week highs or better. Here’s why these ASX shares are scaling new heights today:
Galaxy Resources Limited (ASX: GXY)
The Galaxy share price climbed to a multi-year high of $3.30 this morning. Investors have been fighting to get hold of the lithium miner’s shares this year due to its increasingly positive outlook. This is being driven by the growing demand for lithium from the electric vehicle and renewable energy market. This has supported a massive rebound in lithium prices. Another positive has been Galaxy’s improving production rates. After reducing production when…
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