Base Metals Stocks Shine as Copper Price Rallies

0
714

The Ubika Base Metals 20 Index of Canadian base metals stocks surpassed its benchmark over the past couple of months

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”reg” ihc_mb_template=”7″ ]

[/ihc-hide-content]

The Ubika Base Metals 20 Index has returned 6% since our last report dated September 25, 2017, outperforming its benchmarks, the TSXV and the Base Metal Juniors indices, which have returned 1% and 3%, respectively, over the same period. Notable performers for this report include:

  • Copper Mountain Mining (TSX:CMMC), which surged 42% following an improved quarterly performance.
  • Tinka Resources (TSXV:TK), which climbed 27% as a resource update for the Ayawilka project increased its zinc reserves by 130%.
  • Solitario Zinc Corporation (TSX:SLR) fell 12% as zinc prices levelled off after a rally in the summer.

Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own units in any of the companies mentioned above.

To read our full disclosure, please click on the button below: