Canada's main stock index climbed higher in Tuesday trading, thanks gains in the energy sector as the price of oil topped $53 (USD) a barrel. The February crude oil contract was up 79 cents at $53.04 (USD) per barrel and the February natural gas contract was up 11 cents at $2.86 (USD) per mmBTU. Financials, industrials, as well as metals and mining were all higher, while health care, tech, telecom, and utilities all closed lower.
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As markets on Wall Street shave off some their values from recent record highs from last week, investors continue to focus on the prospect for additional COVID-19 fiscal stimulus now that Democrats control the Senate as well as the House and the White House after President-elect Joe Biden’s inauguration on January 20th.
Today in the Markets
The Canadian dollar traded for 78.38 cents US compared with 78.20 cents US on Monday.
Crude oil prices were up $0.89 to $53.14.
The price of gold was up 7.14 to $1,855.20.
In world markets, the Nikkei was up 25.33 points to 28,164.34, the Hang Seng was up 373.40 points to 28,276.75, the FTSE was down 44.908 points to 6,754.11, and the DAX was down 11.59 points to 13,925.06.
Top 10 Bullboards:
Today in the News:
| Gratomic Inc. | Thanks to Electric Vehicles, the Graphite Market Could be Worth $21.6 Billion by 2027 |
| Desert Mountain Energy Co. | Desert Mountain Energy Exercises Acreage Options and Acquires an Additional 8,510 Acres |
| Ximen Mining Corp | Ximen Proud Sponsor of In Gold We Trust, the Mandarin Edition, Increases Marketing Awareness Program |
| Gaia Metals Corp. | Gaia Metals Intercepts 4.11 g/t Gold and 33.0 g/t Silver over 12 m in Drill Hole at the Freeman Creek Gold Property, Idaho, USA |
| PyroGenesis Canada Inc | PyroGenesis Announces the Implementation of a NCIB |
| Metallic Minerals Corp. | Metallic Minerals Engages Independent Trading Group as Market Maker and Applies for Uplisting to the OTCQB |
| Colibri Resource Corp | Colibri Resource Corp. Recommences Trenching at Evelyn |
| Stratabound Minerals Corp. | Stratabound Reports 10.31 g/t Gold over 1.6m with Visible Gold at Golden Culvert, Yukon Territory |
| Newrange Drilling | Newrange Drilling Expands Mineral Footprint at Pamlico |
| KABN Systems NA Holdings Corp. | KABN North America and Imagine AR Bring Augmented Reality to Liquid Avatar's Verified Self Sovereign Identity Users |
| ImagineAR Inc. | ImagineAR and KABN North America Bring Augmented Reality to Liquid Avatar's Verified Self Sovereign Identity Users |
| Bragg Gaming Group Inc | Publishing Magnate and Former Chair of Ontario Lottery and Gaming Corp. Paul Godfrey Appointed to Board of Bragg Gaming |
| Gamesquare Esports Inc. | GameSquare Esports Inc. Expands on the Outlook and Strategy for the Proposed Acquisition of Reciprocity Corp. Within the Gaming and Esports Industry |
| Marimaca Copper Corp. | Marimaca Copper Corp.: 2021 Exploration Program Starts and Drill Rigs Mobilized |
| NexTech AR Solutions Corp | NexTech AR Solutions Reports Record Preliminary 4th Quarter and Full Year 2020 Bookings |
| Field Trip Health Ltd. | Psychedelics Sector Hits New Milestones Driven By Healthcare Heavyweights |
| Talon Metals Corp | Talon Metals Kicks off the New Year Intersecting 8.39 Meters (27.53 Feet) of Mineralization Grading 8.15% Nickel (9.83% NiEq) at the Tamarack Nickel Project |
| Fuse Cobalt Inc. | Fuse Cobalt to Investigate Potential for Lithium Clay Deposits at Teels Marsh, Nevada |
| Lexaria Bioscience Corp | Lexaria Bioscience Corp. Announces Uplisting to Nasdaq Capital Market and Pricing of $9.6 Million Upsized Public Offering |
| AbraPlata | AbraPlata Summarizes Successful 2020 Drilling Results and Provides Corporate Outlook for 2021 |
| Kontrol Energy Corp | Emerging Markets Report: Technology to help get the Pandemic Under Kontrol |
| XORTX Therapeutics Inc. | XORTX Grants Options |
| Clarity Gold | Clarity Gold Announces Closing of First Tranche of Private Placement |
| QMX Gold Corporation | QMX Gold Commences 35,000 Metre Winter Drilling Campaign Including at the Highly Prolific Bevcon Target |
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