New-Look Sustainability 20 Index Goes for the ‘Green’

Our Ubika Sustainability 20 index of Canadian cleantech stocks has surged 30% year over year

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Our revised Ubika Sustainability (US20) Index is up 1% since our last report dated July 31, 2017, on par with the TSX-V Index and underperforming the DJSI North America Index, which have returned 1% and 4%, respectively, over the same period. Notable performers for this report include:

  1. Ballard Power Systems (TSX: BLDP), which saw its stock jump 26% after a $264mm order backlog announcement.
  2. Questor Technologies Inc. (TSXV: QST), which posted strong earnings growth for the second consecutive quarter.
  3. Newalta Corporation (TSX: NAL), which continues to report losses, and was removed from the S&P/TSX SmallCap Index.

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

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