Ubika Gold 20 Index Beats Benchmark as the Gold Price Trends Upward ?EUR?

August 08, 2017 / smallcappower.com / Article Link

The Ubika Gold 20 (UG20) remained positive following a higher gold price as the TSX Gold index lost nearly 3% during the past six weeks

The UG20 index has gained 1.0% since our last report dated June 19th, 2017, outperforming its benchmark TSX Gold index. The TSX Gold index declined 2.6% while the gold price increased 1.3% over the same period. The strong performance of the index can be attributed to a mix of a rising gold price and strong company-specific performances since the last report. Strong company-specific performances can be attributed largely to Kirkland Lake Gold (TSX: KL), which returned 26% over the period, and Premier Gold Mines (TSX: PG), which gained 15%. We discuss these companies, and more, in this edition of the UG20 report.

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

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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.

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