Ubika Mining 20 Soars 61% Year Over Year, Beats the TSX Mining Index

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Past month was a tough one for small cap mining stocks

Ubika Gold 20 IndIt was a tough month for the miners as the Ubika Mining 20 (UM20) index fell 7.4% from October 3 to November 5, 2016, slightly more than its benchmarks. The TSXV was down 5.6% and the TSX Mining Index was quite flat, easing 1.5%. Year over year, though, the Ubika Mining 20 powered 61% higher, surging past the 35% gain from the TSX Mining Index.

Interested in previous Mining 20 reports? Here’s the link >>