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Gold stocks fall, though, on the back of a stronger U.S. dollar
Ubika Gold 20 March 26, 2018 - May 11, 2018
UG20: 5.4% (-1.5% Y/Y)
Gold Price: -2.6% (7.6% Y/Y)
TSX Gold Index: 5.0% (-9.1% Y/Y)
Dollar amounts in CAD unless otherwise stated
Top Volume Gainers (m/m)
Note: All figures use price close on May 11, 2018.The Ubika Gold 20 Index has increased 5.4% since our last report dated March 26, 2018, exceeding its benchmarks, the Gold Spot price and the Global Gold Index, which decreased 2.6% and increased 5.0%, respectively. Notable performers for this report include:
- Kirkland Lake Gold (TSX:KL), which climbed 22% due to strong exploration results and a positive Q1 2018 performance
- Alacer Gold Corp. (TSX:ASR), which rose 18% due to a positive Q1 2018 performance and near completion of its mine development
- Premier Gold Mines Ltd. (TSX:PG), which slipped 9% due to a negative Q4 2017 and lowered 2018 guidance
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