This week’s top market cap gainer is Luna Gold Corp. (TSX: LGC), which rose 1.27%. On October 7, 2014, the
company announced Q3’14 gold production of 20,188 ounces, up from 14,262 the previous
quarter.
Other top Ubika Gold 20 constituent company for the week ending October 24th 2014 is: Treasury Metals Inc. (TSX: TML). 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 1.27% gain in the price and market capitalization. Recently the company made announcements about its Q3’14 gold production, wherein it produced 20,188 ounces of gold, which is up from 14,262 produced a quarter ago and formation of “special committee” of board members with the intended purpose of exploring “strategic alternatives.”
- The UG 20 index declined 4.51% last week to close at 94.92 from the previous close of 99.40. It underperformed the TSXV index (-0.58%), gold (-0.59%) and S&P/TSX global gold index (-1.90%).
- The performance of the UG 20 constituent companies remained negative with 18 out of 20 companies recording negative performance while the remaining 2 companies ended positive.
Interested in previous UG20 reports?
Here’s the archive link.
https://smallcappower.com/wp-content/uploads/cloud.modyocdn.com/uploads/57c3e2705dd511e497fab15f0beb36da/original/UG20-27Oct.pdf
