This week’s top market cap gainer is Roxgold Inc. (TSXV: ROG), which jumped 12% on the company’s recent announcement (October 14, 2014) of a $30 million bought-deal financing to advance its Yaramoko project in Burkina Faso.
Other top Ubika Gold 20 constituent companies for the week ending October 17th 2014 are: Dalradian Resources Inc. (TSX: DNA), Premier Gold Mines Ltd. (TSX: PG) and Guyana Goldfields Inc. (TSX: GUY). To view the complete Ubika Gold 20 index report, click on the download link.
Key Findings for the week:
- Roxgold Inc (TSXV: ROG) was the top performer of the week with 11.9% gain in the price and market capitalization. The price rose on the company’s recent announcement (October 14, 2014) of a $30 million bought-deal financing to advance its Yaramoko project, Burkina Faso.
- The UG 20 index gained 7.46% last week to close at 99.40 from the previous close of 92.40. It outperformed the TSXV index (-2.06%), gold (1.24%) and S&P/TSX global gold index (-0.04%).
- The performance of the UG 20 constituent companies remained positive with 12 out of 20 companies recording positive performance while the remaining 7 companies ended negative.
Interested in previous UG20 reports?
Here’s the archive link.
https://smallcappower.com/wp-content/uploads/cloud.modyocdn.com/uploads/077a4390586211e4b061c9ba75db0085/original/UG20-_20thOct_1.pdf
