The top Ubika Mining 30 gainers for the week April 14 – April 17, 2014 include: Denison Mines Corp. (TSX: DML), Alderon Iron Ore Corp. (TSX: ADV) and Lumina Copper Corp. (TSXV: LCC). To view the complete Ubika Mining 30 index report, click on the download link.
Key Findings for the week of April 14 – April 17, 2014 are summarized below:
• Denison Mines Corp. (TSX: DML) was the top performer for the week with a 1% gain in market capitalization (other companies have too low average weekly volume traded). The stock gained on the announcement of definitive agreement for acquisition of International Enexco Limited by DML.
• After losing 3.13% the previous week, the UM 30 index lost further 2.27% this week to end at 65.30. It underperformed both TSX Venture index (0.10%) and S&P/TSX Global Mining Index (0.40%).
• The TSX Venture index increased marginally by 1 point or 0.10% to close at 998.77 on positive Chinese and US economic data.
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