The top Ubika Gold 20 gainers for the week ending August 15, 2014 include: Rio Alto Mining Ltd (TSX: RIO), Kirkland Lake Gold Inc (TSX: KGI), Luna Gold Corp (TSX: LGC) and Guyana Goldfields Inc (TSX: GUY). To view the complete Ubika Gold 20 index report, click on the download link.
Key Findings for the week:
- Rio Alto Mining Ltd (TSX: RIO) was the top market cap gainer of the week after climbing 102.76% last week. The stock’s market cap increased after RIO completed the acquisition of Sulliden Gold Corporation (TSX: SUE) by including 151.7 million shares issued as consideration under the arrangement.
- The UG 20 index increased 0.42% to close at 108.05 from the previous close of 107.60. It outperformed both the TSXV index (-0.16%) and S&P/TSX global gold index (0.36%).
- The performance of the UG 20 constituent companies was mixed with 10 out of 20 companies recording negative performance and 10 companies reporting positive performance for the week.
https://smallcappower.com/wp-content/uploads/cloud.modyocdn.com/uploads/213d954026ce11e4aa4b7f70ef814ff9/original/UG20-18aug.pdf
