The top Ubika Mining 30 gainers for the week March 31 – April 04, 2014 include: North American Nickel Inc. (TSXV: NAN), Fortune Minerals Ltd (TSX: FT), Prophecy Coal Corp (TSX: PCY) and Ic Potash Corp (TSX: ICP). To view the complete Ubika Mining 30 index report, click on the download link.
Key Findings for the week of March 31 – April 04, 2014 are summarized below:
• North American Nickel Inc (TSXV: NAN) was the top performer for the week with a 19% gain in market capitalization. The stock gained on the recent positive development at its 100% owned Maniitsoq nickel-copper-cobalt-PGM project in Southwest Greenland (drill and camp contracts have been awarded).
• After losing 4.56% the previous week, the UM 30 index gained value by 3.43% this week to end at 68.98. It outperformed both TSX Venture index (1.76%) and S&P/TSX Global Mining Index (1.26%).
• The TSX Venture index gained marginally by 17.41 points or 1.76% to close at 1,007.16. During the first four days of the week, the index progressed on the possibilities of better economic growth in China and rate cut by European Central Bank, but the poor U.S. job data pushed the index down on the last day.
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