The Ubika Mining 30 Report March 04, 2014

Published:

The Top Ubika Mining 30 market value gainers for the week February 24 – February 28, 2014 include: Mira Resources Corp (TSXV: MRP), Simba Energy Inc (TSXV: SMB), Denison Mines Corp (TSX: DML) and Avalon Rare Metals Inc (TSX: AVL) . To view the complete Ubika Mining 30 index report, click on the download link.

Key Findings for the week of February 24 – February 28, 2014 are summarized below:

• Rodinia Lithium Inc (TSXV: RM) was the top performer for the week with a 66.67% gain in market capitalization. The stock gained on the recent positive development at its Diablillos Property (Lithium-Potash), Salta, Argentina.

• After losing 0.47% the previous week, the UM 30 index increased by 4.46% this week to end at 74.97. It outperformed both TSX Venture index (0.36%) and S&P/TSX Global Mining Index (-2.43%)..

• The TSX Venture index increased marginally by 3.71 points or 0.36% to close at 1,025.37. The index gained on the better than expected fourth quarter economic growth of Canada.

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