The top Ubika Mining 30 gainers for the week May 05 – May 09, 2014 include: Wildcat Silver Corp. (TSX: WS), Simba Energy Inc (TSXV: SMB) 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 May 05 – May 09, 2014 are summarized below:
• Wildcat Silver Corp. (TSX: WS) was the top performer for the week with a 13% gain in market capitalization. The stock gained on the recent positive development at its 80% owned Hermosa silver-manganese project, Santa Cruz County, Arizona.
• After gaining 0.81% the previous week , the UM 30 index lost 5.13% this week to end at 63.30. It underperformed both TSX Venture index (-2.30%) and S&P/TSX Global Mining Index (-2.58%).
• The TSX Venture index decreased by 23.36 point or 2.30% to close at 991.10. The index declined on the less than expected job data in Canada (Statistics Canada reported employment decline by 28,900 in April), possibility of slowdown in China and Ukrainian crisis.
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