Canada’s resources-heavy stock index opened slightly lower on Tuesday, despite gains in precious metals miners, while luxury parka maker Canada Goose advanced after announcing cost-cutting measures.
The TSX Composite dipped 6.47 points to commence business Tuesday at 21,935.81.
The Canadian dollar was better by 0.13 cents to 73.74 cents U.S.
Canada Goose shares began Tuesday down 38 cents, or 2.4%, to $15.82.
RBC downgraded oil explorer Athabasca Oil to “sector perform” from “outperform”. Athabasca shares retreated 11 cents, or 2%, to $5.35.
Enbridge said it would form a venture with WhiteWater/I Squared Capital and MPLX to operate natural gas pipeline and storage assets connecting Permian Basin supplies to the U.S. Gulf Coast. Enbridge shares let go of 15 cents to $48.63.
Gaming firm Bragg Gaming missed quarterly revenue expectations…
