By Adriano Marchese
Stocks in Toronto were modestly higher. Sector performance was mixed, with process industries, producer manufacturing and materials stocks declining the most, offset by gains in consumer durables, tech and commercial services.
Canada’s S&P/TSX Composite Index was up 0.14% higher to 20724.84 on Thursday and the blue-chip S&P/TSX 60 edged 0.14% to 1250.89.
Fortuna Silver Mines shares were 14% lower at 4.15 Canadian dollars ($3.07) after the company said its mine in Mexico would be exhausted earlier than anticipated, and that it faced potential higher costs going forward.
Other market movers:
Birchcliff Energy shares fell by 9.6% to C$5.19 after the company said it expects production in 2024 to be similar to 2023, on the low end of guidance, and that it has cut its dividend.
Dye & Durham shares were lower by 3.5% at C$12.66 after the company said it intends to raise C$126 million by way of a…
