Balmoral Resources’ (TSX:BAR) 18% Climb Tops this Week’s Ubika Mining 20 Index Report

Published:

This week’s top gainer is Balmoral Resources (TSX: BAR), which shot up 18%. Recently, the

company announced that it has closed a C$10.0 Million Flow-Through Private Placement.

Other top Ubika Mining 20 constituent companies for the week ending November 7th 2014 are: Energy Fuels Inc. (TSX: EFR), Fortuna Silver Mines Inc. (TSX: FVI) and Ivanhoe Mines Ltd. (TSX: IVN). To view the complete Ubika Mining 20 index report, click on the download link.

Key Findings for the week:

• Balmoral Resources (TSX: BAR) was the top performer for the week with 18.00% gain in market capitalization. Recently, the company announced that it has closed the $10.0 Million Flow-Through Private Placement.

• The UM 20 index gained 5.25% this week to end at 75.37. It outperformed the TSX Venture index (0.09%) and S&P/TSX Global Mining Index (3.37%).

• The TSX Venture index gained 0.09% last week to close at 770.26 on the better performance of the incumbent companies of the index.

Interested in previous Ubika Mining reports?

Here’s the archive link
.



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