The Top Ubika Mining 30 market value gainers for the week January 13 – January 17, 2014 include: Mira Resources Corp. (TSXV: MRP), Great Western Minerals Group Ltd (TSXV: GWG), Prophecy Coal Corp (TSX: PCY) and Fortune Minerals Ltd (TSX: FT). To view the complete Ubika Mining 30 index report, click on the download link.
Key Findings for the week of January 13 – January 17, 2014 are summarized below:
• Mira Resources Corp (TSXV: MRP) was the top performer for the week with a 600.00% gain in market capitalization. The stock gained on the recent positive development on its Tom Shot Bank field (crude oil), Nigeria.
• After gaining 4.21% the previous week, the UM 30 index gained further by 8.88% this week to end at 65.92. It outperformed both TSX Venture index (1.01%) and S&P/TSX Global Mining Index (5.07%).
• The TSX Venture index increased by 9.79 points or 1.01% to close at 976.34 on the back of rising metal prices which pushed up mining shares.
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