The Top Ubika Mining 30 market value gainers for the week March 03 – March 07, 2014 include: Quest Rare Minerals Ltd. (TSX: QRM), Focus Graphite Inc (TSXV: FMS), Great Western Minerals Group Ltd (TSXV: GWG) and North American Nickel Inc (TSXV: NAN) . To view the complete Ubika Mining 30 index report, click on the download link.
Key Findings for the week of March 03 – March 07, 2014 are summarized below:
• Quest Rare Minerals Ltd (TSX: QRM) was the top performer for the week with a 16.07% gain in market capitalization (the average weekly volume for Glen Eagle Resources Inc is less than the 50,000 cut-off set by Ubika). The stock gained on the recent positive development at its Strange Lake B-Zone rare earth project, Québec.
• After gaining 4.46% the previous week, the UM 30 index declined by 0.11% this week to end at 74.89. It underperformed TSX Venture index (1.72%) but outperformed S&P/TSX Global Mining Index (-1.74%).
• The TSX Venture index increased marginally by 17.64 points or 1.72% to close at 1,043.01. The index rose modestly on strong U.S. job data.
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