The Ubika Gold 20 Index (UG20) jumped 14.2% over the past month, outperforming both the TSX Mining Index and the price of gold with 7.8% and 6.2% monthly gains, respectively. Of the 20 constituent companies, 18 finished the month in positive territory with 16 registering double-digit returns, led by soaring shares of Argonaut Gold (TSX: AR).
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