The top Ubika Mining 20 gainers for the week ending September 26, 2014 include: Fortuna Silver Mines Inc. (TSX: FVI), North American Nickel Inc (TSXV: NAN) and Allana Potash Corp. (TSX: AAA). To view the complete Ubika Mining 20 index report, click on the download link.
Key Findings for the week:
• Fortuna Silver Mines Inc. (TSX: FVI) was the top performer for the week with a 4.95% gain in market capitalization. The stock gained following the recent development on company’s San Jose Mine located in Oaxaca, Mexico.
• The UM 20 index declined 5.12% this week to end at 85.55. It underperformed the TSX Venture index (-3.73%) and S&P/TSX Global Mining Index (-1.79%).
• The TSX Venture index declined 3.73% last week to close at 919.42. The decline was majorly due to wide-ranging sell-offs triggered by soft commodity prices and precarious U.S. economic data.
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