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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 +0.04%  closed up 6.9%, Goldcorp Inc. /zigman2/quotes/225792379/delayed CA:G -1.44%  jumped 6.9%, Yamana Gold Inc. /zigman2/quotes/206359073/delayed CA:YRI +0.25%  shares rose 4.6%, Eldorado Gold Corp. /zigman2/quotes/207321207/delayed CA:ELD +0.90% rose 5.8%, and Kinross Gold Corp. /zigman2/quotes/200423011/delayed CA:K -0.24%   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 -0.21%  advanced 3.7%. For the week, the S&P/TSX Composite Index is down 3.1%.

Gold for June delivery  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 -3.29% rose 0.1%, led by Suncor Energy Inc. /zigman2/quotes/204570600/delayed CA:SU -2.01%  , which traded up 0.3%, and Canadian Natural Resources Ltd. /zigman2/quotes/203742161/delayed CA:CNQ -3.77%  , with shares up 1.5%.

Oil for June delivery  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 +0.2029%  with the greenback buying C$1.0193, compared with C$1.0118 late Wednesday.

/zigman2/quotes/209252292/delayed
CA : Canada: Toronto
$ 26.03
+0.01 +0.04%
Volume: 1.49M
Feb. 1, 2023 2:23p
P/E Ratio
19.21
Dividend Yield
2.27%
Market Cap
$45.85 billion
Rev. per Employee
$693,409
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/zigman2/quotes/225792379/delayed
CA : Canada: Toronto
$ 1.37
-0.02 -1.44%
Volume: 48,300
Feb. 1, 2023 2:14p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$110.09 million
Rev. per Employee
N/A
loading...
/zigman2/quotes/206359073/delayed
CA : Canada: Toronto
$ 8.05
+0.02 +0.25%
Volume: 920,329
Feb. 1, 2023 2:24p
P/E Ratio
23.51
Dividend Yield
2.02%
Market Cap
$7.72 billion
Rev. per Employee
$204,475
loading...
/zigman2/quotes/207321207/delayed
CA : Canada: Toronto
$ 12.86
+0.12 +0.90%
Volume: 157,978
Feb. 1, 2023 2:24p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.35 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/200423011/delayed
CA : Canada: Toronto
$ 6.18
-0.02 -0.24%
Volume: 1.18M
Feb. 1, 2023 2:24p
P/E Ratio
N/A
Dividend Yield
2.63%
Market Cap
$7.77 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/210598474/delayed
XX : Canada: Toronto
361.88
-0.76 -0.21%
Volume: 23.35M
Feb. 1, 2023 2:24p
loading...
/zigman2/quotes/210598495/delayed
XX : Canada: Toronto
243.19
-8.27 -3.29%
Volume: 49.66M
Feb. 1, 2023 2:24p
loading...
/zigman2/quotes/204570600/delayed
CA : Canada: Toronto
$ 45.25
-0.93 -2.01%
Volume: 5.37M
Feb. 1, 2023 2:24p
P/E Ratio
8.21
Dividend Yield
4.60%
Market Cap
$62.30 billion
Rev. per Employee
$3.29M
loading...
/zigman2/quotes/203742161/delayed
CA : Canada: Toronto
$ 78.59
-3.08 -3.77%
Volume: 1.86M
Feb. 1, 2023 2:24p
P/E Ratio
7.66
Dividend Yield
4.33%
Market Cap
$90.41 billion
Rev. per Employee
$4.30M
loading...
/zigman2/quotes/210561978/realtime/sampled
US : Tullett Prebon
1.3335
+0.0027 +0.2029%
Volume: 0.0000
Feb. 1, 2023 2:39p
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Wallace Witkowski is a MarketWatch news editor in San Francisco.

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