Base metals interest cools, led by a falling copper price
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The Ubika Base Metals 20 Index eased 9% since our last report dated February 5, 2018, underperforming its benchmarks, the TSX-V and the Base Metal Juniors indices, which have declined 4% and 3%, respectively, over the same period. Notable performers for this report include:
- Arizona Mining Inc. (TSX:AZ), which slipped 4%, in spite of a strong updated PEA and the receival of State permits.
- Excelsior Mining Corp. (TSX:MIN), which climbed 19%, due to advancement of the permitting process.
- Capstone Mining Corp. (TSX:CS), which decreased 5%, following the sale of its Minto asset.
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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