Ubika Gold 20 Report May 26, 2014

The top Ubika Gold 20 gainers for the week ending May 23, 2014 include: Sulliden Gold Corp (TSX: SUE), Premier Gold Mines Ltd. (TSX: PG), GoldQuest Mining Corp. (TSXV: GQC), B2Gold Corp. (TSX: BTO) and Romarco Minerals Inc. (TSX: R). To view the complete Ubika Gold 20 index report, click on the download link.

Key Findings for the week:

• Sulliden Gold Corp. (TSX: SUE) was the top gainer for the week with a 36% gain. The company’s market capitalization rose on the announcement that it had signed a binding agreement with Rio Alto Mining Limited (TSX: RIO) to combine their business.
• The UG 20 index gained 1.09% to close at 94.83. It underperformed TSXV index 1.17%) but outperformed Gold (-0.07%) and S&P/TSX global gold index (-0.15%).
• The performance of the UG 20 constituent companies was mixed with 10 out of 20 companies recording negative performance while 7 companies reported positive performance for the week. Rest of the companies did not report any change.