The top Ubika Gold 20 gainers for the week ending October 03rd 2014 is GoldQuest Mining Corp. (TSXV: GQC). To view the complete Ubika Gold 20 index report, click on the download link.
Key Findings for the week:
- GoldQuest Mining Corp. (TSXV: GQC) was the top performer of the week with 6.45% gain in the market capitalization. The market cap rose on the recent positive development at its 100% owned Tireo and Romero projects in the Dominican Republic.
- The UG 20 index fell 7.25% last week to close at 87.54 from the previous close of 94.38. It underperformed the TSXV index (-3.98%), gold (-2.21%) and S&P/TSX global gold index (-5.03%).
- The performance of the UG 20 constituent companies remained negative with only 1 out of 20 companies recording positive performance while 18 companies ended negative.
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