As the halfway mark looms on 2021, Stockhead recaps the ASX stocks have more than tripled in just a single day this year.

9 stocks have taken the climb, half of which occurred in February.

 

The stock which tripled in a day twice in a week

One stock achieved the feat twice and in consecutive days – Canberra casino operator Aquis Entertainment (ASX:AQS).

It noted up a 211 per cent gain on 18 February and a 248 per cent gain on 19 February representing a 2 day gain of over 1000 per cent.

The mysterious climb occurred despite the company not releasing any news either morning.

As of June 30, the stock was at 23 cents which is a retreat from its all time highs but is a gain over over 500 per cent since February.

 

The record holder

Standing head and shoulders above the rest is iron ore play Mindax Limited (ASX:MDX).

We’ve included MDX on a small technicality, because the stock was suspended for nearly two years before May 14 when it re-entered the bourse.

But it raised $2 million to recommence trading, and as if that wasn’t enough it got the blessing Foreign Investment Review Board (FIRB) approval for Norton Gold Fields’ proposed earn-in for its Mt Forrest Project.

Norton Gold Fields is a subsidiary of China-based Zijin Mining Group and the Mt Forrest Project has a proven JORC resource of over 1.7 billion tonnes.

Sitting in second with a 458 per cent gain on February 17 is Province Resources (ASX:PRL) which was one of the first companies to enter the hydrogen space this year.

After previous stints in furniture assembly and vanadium exploration it snapped up two projects in WA’s north west.

 

The other ASX stocks to have tripled in a day in 2021

The first stock to have tripled in a day is Rent.com.au (ASX:RNT) which back on February 2 announced tech entrepreneur Bevan Slattery backed the company with a $2 million investment.

The rest of the list is made up of resources and energy stocks.

Lefroy (ASX:LEX) made 2021’s first major discovery at its gold-copper Burns prospect in WA and it rose 237 per cent after announcing it to the market on February 23.

Only one day later copper-zinc explorer Venturex Resources’ (ASX:VXR) was boosted by a $58 million funding package for its Sulphur Springs project headed by Bill Beament, boss of $12.2 billion gold miner Northern Star (ASX:NST).

While March had no stocks triple in a day, April saw oil microcap Oilex (ASX:OEX) gain 300 per cent in the early days of the month.

OEX announced the acquisition of GSPC’s 55 per cent interest in its Indian project US$2.2 million was approved. This meant Oilex now held the participating interest exclusively to itself.

June saw two resources stocks gain more than triple in a day.

The first was Globe Metals and Mining (ASX:GBE) which rose after the Malawi government gave recommendation approval for GBE to receive a mining licence.

The second was Coda Minerals (ASX:COD), which along with its exploration partner Torrens Mining (ASX:TRN) hit 200m of “intense IOCG alteration” at the ‘Elizabeth Creek’ project in South Australia.