Ubika Gold 50 Report March 24, 2014

Published:

The top Ubika Gold 50 gainers for the week ending March 21, 2014
include: Aldridge Minerals Inc (TSXV: AGM), Treasury Metals Inc. (TSX: TML), Lydian International Ltd. (TSX: LYD) and Freegold Ventures Ltd (TSX: FVL). To view the complete Ubika Gold 50 index report, click on the
download link.

Key Findings for the week:

  • Aldridge Minerals Inc. (TSXV: AGM) was the top gainer for the week with a 38% gain. The company’s market capitalization rose on the recent positive development at its Yenipazar property (gold), Turkey.
  • The UG 50 index decreased by 10.85% to close at 87.14. It underperformed TSXV index (0.11%), Gold (-3.49%) and S&P/TSX global gold index (-7.15%).
  • The performance of the UG 50 constituent companies was largely negative with 37 out of 47 companies recording negative performance while only seven companies reported positive performance for the week.

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