Our Ubika Battery Metals Index handily beat its benchmarks over the past three months, gaining 8%
The Ubika Battery Metals Index jumped 8% since our last report dated October 23, 2017, outperforming its benchmarks, the TSX-V Index and the Global X Lithium and Battery ETF, which gained 4% and lost 13%, respectively, over the same period. Notable performers for this report include:
- Orocobre Ltd. (TSX:ORL), which climbed 34% due to strong production results and rising lithium demand
- Bacanora Minerals Ltd. (TSXV:BCN), which increased 46% as the Company secured rights to its lithium project
- Katanga Mining Ltd. (TSX:KAT), which powered as much as 82% higher as the Company announced the restart of its cobalt production, but decreased 38% due to the Democratic Republic of the Congo’s new mining code
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