Ubika Gold 50 Report March 17, 2014

Published:

The top Ubika Gold 50 gainers for the week ending March 14, 2014 include: Sandspring Resources Ltdw (TSXV: SSP), Rubicon Minerals Corp (TSX: RMX), Aldridge Minerals Inc (TSXV: AGM) and Alacer Gold Corp (TSX: ASR). To view the complete Ubika Gold 50 index report, click on the download link.

Key Findings for the week:

  • Sandspring Resources Ltd (TSXV: SSP) was the top gainer for the week with a 38% gain. The company’s market capitalization rose on the recent positive development at its flagship Gold-Copper project, Toroparu in Guyana, South America.
  • The UG 50 index increased by 5.76% to close at 97.75. It outperformed TSXV index (-0.9%), Gold (3.2%) and S&P/TSX global gold index (6.1%).
  • The performance of the UG 50 constituent companies was mostly positive with 29 out of 47 companies recording positive performance for the week.

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