Nevsun Resources Continues to Surge in the Base Metals Sector

Vendetta Mining Corp. (TSXV:VTT) was also a top performer in the Ubika Base Metals 20 Index

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The Ubika Base Metals 20 Index has slipped 0.5% since our last report dated April 9, 2018, underperforming its benchmarks, the TSX-V and the Base Metal Juniors indices, which have increased 1.3% and 5.6% over the same period. Notable performers for this report include:

  • Nevsun Resources (TSX:NSU), which gained 39% after rejecting an acquisition proposal led by Euro Sun Mining Inc. and Lundin Mining Corporation.
  • Vendetta Mining Corp. (TSXV:VTT), which climbed 15% due to the initiation of the Pegmont Project’s field program.
  • Tethyan Resources Corp. (TSXV:TETH), which fell 37% following its negative Q4/2017 performance.

To find out more about Vendetta Mining Corp (VTT:CA), please visit the company’s Investor Hub.

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Ubika Research/SmallCapPower has received compensation from Vendetta Mining Corp (VTT:CA) to provide analyst research coverage. For full disclosure please visit here >>.

Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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