The top Ubika Mining 20 gainers for the week ending October 03rd 2014 is Trevali Mining Corp. (TSX: TV). To view the complete Ubika Mining 20 index report, click on the download link.
Key Findings for the week:
• Trevali Mining Corp. (TSX: TV) was the top performer for the week with a 0.02% gain in market capitalization. The market capitalization rose on the recent positive development at its wholly-owned Caribou mine and mill complex located in the Bathurst Mining Camp of northeastern New Brunswick, Canada.
• The UM 20 index declined 8.07% this week to end at 78.64. It underperformed the TSX Venture index (-3.98%) and S&P/TSX Global Mining Index (-4.37%).
• The TSX Venture index declined 3.98% last week to close at 882.82. The decline was primarily due to selloff of resource stocks which were badly affected by weak oil and metal prices. Besides, worry about U.S. slowdown and ebola fears also contributed in the selloff.
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