The Top Ubika Mining 30 market value gainers for the week January 27 – January 31, 2014 include: New Zealand Energy Corp. (TSXV: NZ), Denison Mines Corp (TSX: DML) 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 January 27 – January 31, 2014 are summarized below:
• New Zealand Energy Corp. (TSXV: NZ), which produces, develops and explores oil and natural gas in New Zealand, was the top performer for the week with a 10.00% gain in market capitalization. The stock gained on the recent positive development on its Taranaki Basin property in New Zealand’s North Island.
• After losing 0.15% the previous week, the UM 30 index decreased marginally by 0.12% this week to end at 65.90. It outperformed TSX Venture index (-1.65%) but underperformed S&P/TSX Global Mining Index (1.15%).
• The TSX Venture index decreased by 15.99 points or 1.65% to close at 951.32 on the worries about European deflation and currency troubles in emerging markets.
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