Toronto Stocks Advance; Taseko Mines Up on Acquisition of Remaining Stake in Gibraltar Mine

Date:

By Adriano Marchese

 

Toronto-listed stocks were mildly higher on Monday at midday, with a mixed performance among sectors. Process industries, commercial services and utilities stocks were the main decliners of the session, offset by gains primarily in energy, health tech and health services.

Canada’s S&P/TSX Composite Index were 0.36% higher at 22064.04, and the blue-chip S&P/TSX 60 rose by 0.35% to 1328.44.

Taseko Mines shares were 5.4% higher at 2.85 Canadian dollars ($2.10) after it said it will acquire the remaining 12.5% interest in the Gibraltar copper mine in the province of British Columbia for C$117 million and potential contingent payments from Dowa Metals & Mining and Furukawa.

 

Other market movers:

Shares in Vitalhub were down by 6.3% at C$6.07 after it said it intends to raise C$35 million by way of a bought deal public offering to fund its growth initiatives.

Bitfarms shares were down…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...