Gold stocks fall, though, on the back of a stronger U.S. dollar
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The Ubika Gold 20 Index has increased 5.4% since our last report dated March 26, 2018,
exceeding its benchmarks, the Gold Spot price and the Global Gold Index, which decreased
2.6% and increased 5.0%, respectively. Notable performers for this report include:
1. Kirkland Lake Gold (TSX:KL), which climbed 22% due to strong exploration results
and a positive Q1 2018 performance
2. Alacer Gold Corp. (TSX:ASR), which rose 18% due to a positive Q1 2018 performance
and near completion of its mine development
3. Premier Gold Mines Ltd. (TSX:PG), which slipped 9% due to a negative Q4 2017 and
lowered 2018 guidance
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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