Canadian equities started the new week on a slightly negative note as falling metals prices and rising 10-year treasury bond yields hurt investors’ sentiments. After reaching its highest level since April 2022 in the last session, the S&P/TSX Composite Index dived by 89 points, or 0.4%, on Monday to settle at 21,324.
 While most market sectors ended the session in the red, heavy losses in utility, real estate, and mining stocks mainly pressured the TSX benchmark.
Top TSX Composite movers and active stocks
Shares of Orla Mining (TSX:OLA) tanked by more than 8% to $4.51 per share, trimming its year-to-date gains to 4.4%. This selloff in OLA stock started after the Vancouver-headquartered gold miner announced its intentions to acquire Contact Gold.
The acquisition deal is likely to enhance Orla’s land position in Nevada and strategically consolidate adjacent landholdings to its South Railroad project, including the Pony Creek…
