Since its inception there have been eight component companies acquired from the Ubika Gold 20 index, two of which occurred during the past six months. Most recently, shares of Romarco Minerals Inc. (TSX: R) surged 32% after the company agreed to be taken over by OceanaGold in an all-stock transaction.
Despite a challenging year for gold stocks, the Ubika Gold 20 index outperformed the TSX Gold index by nine percentage points during the past 52 weeks. To discover more top gold stock performers, please see the complete Ubika Gold 20 index reports here >>