This week’s top market cap gainer is Luna Gold Corp. (TSX: LGC), which climbed 28%. The company recently announced a steep increase in its Q3’14 gold production, wherein it produced 20,188 oz of gold, up from 14,262 oz produced a quarter ago.
Other top Ubika Gold 20 constituent companies for the week ending November 7th 2014 are: Premier Gold Mines Ltd. (TSX: PG), Alacer Gold Corp. (TSX: ASR), Rio Alto Mining Ltd. (TSX: RIO) and Roxgold Inc. (TSXV: ROG).
To view the complete Ubika Gold 20 index report, click on the download link.
Key Findings for the week:
- Luna Gold Corp. (TSX: LGC) was the top performer of the week with 27.59% gain in the price and market capitalization. Recently the company announced steep increase in its Q3’14 gold production, wherein it produced 20,188 oz of gold, up from 14,262 oz produced a quarter ago.
- Roxgold Inc. (TSXV: ROG) gained 28.97% primarily on the increase in number of shares outstanding (46.2 million increase).
- The UG 20 index gained 7.15% last week to close at 84.58 from the previous close of 78.94. It outperformed the TSXV index (0.09%), gold (0.43%) but underperformed S&P/TSX global gold index (7.61%).
Interested in previous UG20 reports?
Here’s the archive link.
https://smallcappower.com/wp-content/uploads/cloud.modyocdn.com/uploads/0162152068d711e4a135e934a8911c78/original/UG20-_10Nov14.pdf
