The top Ubika Gold 50 gainers for the week ending February 21, 2014 include: Freegold Ventures Ltd (TSX: FVL), Reservoir Minerals Inc. (TSXV: RMC), Eco Oro Minerals Corp (TSX: EOM), Vista Gold Corp (TSX: VGZ) and GoldQuest Mining Corp (TSXV: GQC). To view the complete Ubika Gold 50 index report, click on the download link.
Key Findings for the week:
• Freegold Ventures Ltd. (TSX: FVL) was the top gainer for the week with an 11.63% gain. The company’s market capitalization rose on the recent positive development at its Golden Summit property (gold mine), Alaska.
• The UG 50 index decreased marginally by 0.35% to close at 89.82. It underperformed TSXV index (2.54%), Gold (0.42%) and S&P/TSX global gold index (2.01%).
• The performance of the UG 50 constituent companies was mixed with 19 out of 48 companies recording positive performance while 22 companies reported negative performance for the week.
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