Electrovaya Surges 41%, Tops the Ubika Sustainability 20

Chris Thompson| Head of Research | Ubika Research | Chris@UbikaResearch.com| 1 (416) 574-0469
Patrick Smith | Analyst | Ubika Research | Patrick@UbikaResearch.com | 1 (647) 444-5506
Alp Erdogan | Analyst | Ubika Research | Alp@UbikaResearch.com | 1 (647) 479-5690
William Xiao | Associate | Ubika Research | william.x@gicpartners.com | 1 (647) 828-4632

The Ubika Sustainability 20 Index (US20) sees two penny stocks blossom as the Index beats its two benchmarks

Ubika Sustainability 20 (May 7, 2018 - June 22, 2018)

US20: 7.3% (+14.7% Y/Y)

TSX Venture: -2.4% (-1.9% Y/Y)

DJSI – NA40: 2.1% (13.0% Y/Y)

Dollar amounts in CAD unless otherwise stated

Top Volume Gainers (m/m)

Ubika Sustainability Index sees Two Penny Stocks Blossom

The Ubika Sustainability 20 Index (US20) increased 7.3% since our last report dated May 7, 2018, outperforming its two benchmarks, the TSX-V and Dow Jones Sustainability North America 40 indices, which fell 2.4% and rose 2.1%, respectively, over the same period. Notable performers for this report include:

  1. Cielo Waste Solutions Corp. (CSE:CMC), which has jumped 26% since our last report despite the receival of permits for its new plant.
  2. good natured Products Inc. (TSXV:GDNP), which climbed 8% following the acquisition of a major new client.

This Content is Exclusive to Our Members

Login below

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

The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.