The top Ubika Mining 30 gainers for the week April 07 – April 11, 2014 include: Northern Graphite Corp. (TSXV: NGC), Argex Titanium Inc (TSX: RGX) and North American Nickel Inc (TSXV: NAN). To view the complete Ubika Mining 30 index report, click on the download link.
Key Findings for the week of April 07 – April 11, 2014 are summarized below:
• Northern Graphite Corp. (TSXV: NGC) was the top performer for the week with an 8% gain in market capitalization. The stock gained on the recent positive development at its Bissett Creek project, Canada.
• After gaining 3.43% the previous week, the UM 30 index lost 3.13% this week to end at 66.82. It underperformed both TSX Venture index (-0.93%) and S&P/TSX Global Mining Index (-0.37%).
• The TSX Venture index declined marginally by 9.39 points or 0.93% to close at 997.77. The market declined along with the other global indices on the worry of overvaluation of U.S. technology sector that dampens the global demand of equities.
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