The Top Ubika Mining 30 market value gainers for the week March 17 – March 21, 2014 include: Mira Resources Corp. (TSXV: MRP), Argex Titanium Inc (TSX: RGX) and Allana Potash Corp (TSX: AAA). To view the complete Ubika Mining 30 index report, click on the download link.
Key Findings for the week of March 17 – March 21, 2014 are summarized below:
• Mira Resources Corp (TSXV: MRP) was the top performer for the week with a 33% gain in market capitalization. The stock gained on company’s decision to develop the Tom Shot Bank field (crude oil), Nigeria and $5M non-brokered private placement.
• After losing 1.38% the previous week, the UM 30 index declined further by 5.39% this week to end at 69.88. It underperformed both TSX Venture index (0.11%) and S&P/TSX Global Mining Index (-0.72%).
• The TSX Venture index increased marginally by 1.12 points or 0.11% to close at 1,043.01. The index rose modestly on better prospect for U.S. economy.
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