Ubika Gold 50 Report April 28, 2014

The top Ubika Gold 50 gainers for the week ending April 25, 2014 include: Romarco Minerals Inc. (TSX: R), ATAC Resources Ltd. (TSXV: ATC), Endeavour Mining Corp. (TSX: EDV) and Petaquilla Minerals Ltd. (TSX: PTQ). To view the complete Ubika Gold 50 index report, click on the download link.

Key Findings for the week:

• Romarco Minerals Inc. (TSX: R) was the top gainer for the week with a 23% gain. The company’s market capitalization rose on the recent positive development on its Haile Gold Mine reserve, U.S.
• The UG 50 index gained by 4.01% to close at 80.70. It outperformed TSXV index (1.48%), Gold (0.63%) and S&P/TSX global gold index (3.93%).
• The performance of the UG 50 constituent companies was mostly positive with 30 out of 45 companies recording positive performance while 12 companies reported negative performance for the week. Rest of the companies did not report any change.