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Nov. 7, 2011, 10:23 a.m. EST

Canadian stocks hesitate on Italy concerns

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By Nicole Hong

SAN FRANCISCO (MarketWatch) -- Canadian stocks tiptoed higher on Monday as investors were sidelined by fears of euro-zone debt contagion spreading to Italy. At last check, the benchmark S&P/TSX Composite Index was up 42.13 points, or 0.4%, to 12,450.38. The uncertainty surrounding Italy lifted the safe-haven appeal of gold, as Goldcorp Inc. /zigman2/quotes/225792379/delayed CA:G 0.00% shares added 2.4%. Shares of Silvercorp Metals Inc. /zigman2/quotes/210397281/delayed CA:SVM +6.41% picked up 2.9% ahead of its quarterly earnings release on Tuesday. Among decliners, base metals stocks edged down on lower copper prices, with shares of Ivanhoe Mines Ltd. /zigman2/quotes/207656050/delayed CA:IVN -1.60% dropping 3.9%. The Canadian dollar appreciated against its U.S. counterpart , as one U.S. dollar recently purchased 1.0135 Canadian, versus 1.0171 late Friday.

/zigman2/quotes/225792379/delayed
CA : Canada: Toronto
$ 1.53
0.00 0.00%
Volume: 14,051
Oct. 6, 2022 3:19p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$121.18 million
Rev. per Employee
N/A
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/zigman2/quotes/210397281/delayed
CA : Canada: Toronto
$ 3.82
+0.23 +6.41%
Volume: 416,632
Oct. 6, 2022 4:26p
P/E Ratio
18.85
Dividend Yield
0.83%
Market Cap
$635.38 million
Rev. per Employee
$211,385
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/zigman2/quotes/207656050/delayed
CA : Canada: Toronto
$ 9.24
-0.15 -1.60%
Volume: 736,248
Oct. 6, 2022 4:00p
P/E Ratio
18.64
Dividend Yield
N/A
Market Cap
$11.40 billion
Rev. per Employee
N/A
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