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May 17, 2012, 5:38 p.m. EDT

Canada stocks buoyed by gold rebound

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By Wallace Witkowski, MarketWatch

SAN FRANCISCO (MarketWatch) — Gold prices helped Canadian stocks break their four-day losing streak Thursday, but just barely, as futures for the precious metal bounced off 10-month lows.

Shares of Barrick Gold Corp. /zigman2/quotes/209252292/delayed CA:ABX -2.41%  closed up 6.9%, Goldcorp Inc. /zigman2/quotes/225792379/delayed CA:G +1.77%  jumped 6.9%, Yamana Gold Inc. /zigman2/quotes/206359073/delayed CA:YRI -2.76%  shares rose 4.6%, Eldorado Gold Corp. /zigman2/quotes/207321207/delayed CA:ELD -2.52% rose 5.8%, and Kinross Gold Corp. /zigman2/quotes/200423011/delayed CA:K -2.34%   shares advanced 6.5%.

The S&P/TSX Composite Index  rose less than 0.1% to 11,330.68 as the S&P/TSX Capped Materials Index /zigman2/quotes/210598474/delayed XX:TORGC195 -2.52%  advanced 3.7%. For the week, the S&P/TSX Composite Index is down 3.1%.

Gold for June delivery /zigman2/quotes/210036777/delayed GCM22 -0.46%  rose $38.30, or 2.5%, to settle at $1,574.90 an ounce on the New York Mercantile Exchange. Read more on gold turnaround.

The S&P/TSX Capped Energy Index /zigman2/quotes/210598495/delayed XX:TORGC187 -3.44% rose 0.1%, led by Suncor Energy Inc. /zigman2/quotes/204570600/delayed CA:SU -3.51%  , which traded up 0.3%, and Canadian Natural Resources Ltd. /zigman2/quotes/203742161/delayed CA:CNQ -3.19%  , with shares up 1.5%.

Oil for June delivery /zigman2/quotes/209724914/delayed CLM22 -0.95%  slipped 25 cents, or 0.3%, to settle at $92.56 a barrel on the Nymex.

The Canadian dollar continued its fall against its U.S. counterpart /zigman2/quotes/210561978/realtime/sampled USDCAD +0.6078%  with the greenback buying C$1.0193, compared with C$1.0118 late Wednesday.

/zigman2/quotes/209252292/delayed
CA : Canada: Toronto
$ 24.32
-0.60 -2.41%
Volume: 3.72M
Jan. 21, 2022 4:18p
P/E Ratio
17.19
Dividend Yield
1.89%
Market Cap
$43.27 billion
Rev. per Employee
N/A
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/zigman2/quotes/225792379/delayed
CA : Canada: Toronto
$ 1.15
+0.02 +1.77%
Volume: 5,400
Jan. 21, 2022 3:59p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$81.05 million
Rev. per Employee
N/A
loading...
/zigman2/quotes/206359073/delayed
CA : Canada: Toronto
$ 5.29
-0.15 -2.76%
Volume: 2.05M
Jan. 21, 2022 4:00p
P/E Ratio
27.55
Dividend Yield
2.89%
Market Cap
$5.10 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/207321207/delayed
CA : Canada: Toronto
$ 11.59
-0.30 -2.52%
Volume: 859,451
Jan. 21, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.12 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/200423011/delayed
CA : Canada: Toronto
$ 7.10
-0.17 -2.34%
Volume: 4.04M
Jan. 21, 2022 4:00p
P/E Ratio
6.91
Dividend Yield
2.17%
Market Cap
$8.90 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/210598474/delayed
XX : Canada: Toronto
321.41
-8.31 -2.52%
Volume: 48.92M
Jan. 21, 2022 4:57p
loading...
/zigman2/quotes/210036777/delayed
US : U.S.: Nymex
$ 1,838.80
-8.50 -0.46%
Volume: 4,118
Jan. 21, 2022 4:55p
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/zigman2/quotes/210598495/delayed
XX : Canada: Toronto
183.36
-6.54 -3.44%
Volume: 76.65M
Jan. 21, 2022 4:57p
loading...
/zigman2/quotes/204570600/delayed
CA : Canada: Toronto
$ 34.08
-1.24 -3.51%
Volume: 8.09M
Jan. 21, 2022 4:00p
P/E Ratio
21.29
Dividend Yield
4.93%
Market Cap
$49.66 billion
Rev. per Employee
$2.75M
loading...
/zigman2/quotes/203742161/delayed
CA : Canada: Toronto
$ 63.94
-2.11 -3.19%
Volume: 5.77M
Jan. 21, 2022 4:00p
P/E Ratio
12.91
Dividend Yield
3.68%
Market Cap
$75.25 billion
Rev. per Employee
$2.59M
loading...
/zigman2/quotes/209724914/delayed
US : U.S.: Nymex
$ 82.10
-0.79 -0.95%
Volume: 82,112
Jan. 21, 2022 4:59p
loading...
/zigman2/quotes/210561978/realtime/sampled
US : Tullett Prebon
1.2580
+0.0076 +0.6078%
Volume: 0.0000
Jan. 21, 2022 4:59p
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Wallace Witkowski is a MarketWatch news editor in San Francisco.

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