Newalta Corporation (TSX:NAL) tops the Ubika Sustainability 20 index with a 70% gain
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The Ubika Sustainability 20 Index (US20) returned 1% since our last report dated November 27, 2017, underperforming its two benchmarks, the TSX-V and Dow Jones Sustainability North America 40 indices, which returned 4% and 7%, respectively, over the same period.
Notable performers for this report include:
New Flyer Industries Inc. (TSX:NFI), which returned 18% following the acquisition of Arboc Specialty Vehicles as well as issuing a strong 2018 outlook.
Electrovaya Inc. (TSX:EFL), which plunged 71% due to the insolvency proceedings affecting its Litarion subsidiary.
good natured Products Inc. (TSXV:GDNP), which climbed 17% following a successful round of financing.
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