The Ubika Base Metals 20 Index of Canadian base metals stocks surpassed its benchmark over the past couple of months
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The Ubika Base Metals 20 Index has returned 6% since our last report dated September 25, 2017, outperforming its benchmarks, the TSXV and the Base Metal Juniors indices, which have returned 1% and 3%, respectively, over the same period. Notable performers for this report include:
- Copper Mountain Mining (TSX:CMMC), which surged 42% following an improved quarterly performance.
- Tinka Resources (TSXV:TK), which climbed 27% as a resource update for the Ayawilka project increased its zinc reserves by 130%.
- Solitario Zinc Corporation (TSX:SLR) fell 12% as zinc prices levelled off after a rally in the summer.
Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own units in any of the companies mentioned above.
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