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Stockhouse @ the Bell: Metals & Mining Lead TSX Decline

Stockhouse Editorial
8 Comments| September 16, 2021

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Losses in the base metals sector helped lead the way lower in Thursday trading on the Toronto Stock Exchange. The tech, telecom, and financials markets were the only ones to work their way out of the decline among indices.

Sponsored by
Patriot Battery Metals Announces Mobilization of Drill Rig to the Corvette-FCI Property, James Bay Region, Quebec, Canada

Wall Street stocks saw a split close as investors digested last month's retail sales report and a bigger-than-expected increase in initial jobless claims. According to the Department of Labor, in seasonally adjusted terms the number of initial unemployment claims rose by 20,000 to reach 332,000, far above the forecast 320,000. US retail sales rose unexpectedly in August, with a broad pickup in purchases across the majority of categories more than offsetting weakness at auto dealers.

Today in the Markets

TSX 20,602.10 -91.69 Click to enlarge
TSXV 895.90 -8.80 Click to enlarge
CSE 664.93 +10.02 Click to enlarge
DJIA 34,751.32 -63.07 Click to enlarge
NASDAQ 15,181.92 +20.39 Click to enlarge
S&P 500 4,473.75 -6.95 Click to enlarge

The Canadian dollar traded for 78.78 cents US compared with 79.05 cents US on Wednesday.

Crude oil prices were up $0.02 to $72.63.

The price of gold was down 40.12 to $1,755.06.

In world markets, the Nikkei was down 188.37 points to 30,323.34, the Hang Seng was down 365.36 points to 24,667.85, the FTSE was up 10.99 points to 7,027.48, and the DAX was up 35.75 points to 15,651.75.

Top 10 Bullboards:

Company Ticker Views
Cielo Waste Solutions Corp. V.CMC 2117
HEXO Corp. T.HEXO 1999
PyroGenesis Canada Inc. T.PYR 1789
Datametrex AI Ltd V.DM 1660
Nexoptic Technology Corp V.NXO 1210
Bombardier Inc. T.BBD.A 1153
National Fuel Gas Company NFG 1123
Therma Bright Inc V.THRM 945
UEX Corp T.UEX 899
Nevada Copper Corp. T.NCU 862

Today in the News:

EnviroMetal Technologies Inc. | EnviroMetal Technologies Provides Corporate Update
Decibel Cannabis Company Inc. | Decibel Closes Previously Announced Offering of Units for Total Gross Proceeds of Approximately $15 Million, including Full Exercise of Over-Allotment Option
Sonoro Gold Corp. | Sonoro Provides Update to All-In Sustaining Cost for PEA Completed on the Cerro Caliche Gold Project
Neovasc Inc. | Neovasc Announces FDA Approval of COSIRA-II Clinical Trial
Altiplano Metals Inc. | Altiplano Obtains Exploitation Permit at Maria Luisa
Euro Asia Pay Holdings Inc. | Euro Asia Pay Partners with PhoneBox to Offer Users Affordable Mobile Plans
The Hash Corporation | The Hash Corporation Completes First Commercial Batch of Rosin in Collaboration with Black Rose
Mountain Boy Minerals Ltd. | Mountain Boy Appoints Investor Relations Team
NV Gold Corporation | NV Gold Secures Drill Contract
PlantX Life Inc. | PlantX Provides Corporate Update
Lexaria Bioscience Corp. | Lexaria Bioscience Corp. (NASDAQ: LEXX) Emerging as Leader in Pursuit of More-Effective Hypertension Treatment
Golden Lake Exploration Inc. | Golden Lake Hits Significant Mineralization in Six Of Six Drill Holes at The Jewel Ridge Property, Nevada
Patriot Battery Metals Inc. | Patriot Battery Metals Announces Mobilization of Drill Rig to the Corvette-FCI Property, James Bay Region, Quebec, Canada
Fokus Mining | Drilling at Galloway Continues to Provide Good Mineralized Intersections
OTGDF | Colombian Gold Stocks; Tax Incentives and Skilled Labour Make Colombia Ideal for Mining
Jade Power Trust Unit | Jade Power Announces TSX-V Approval of Normal Course Issuer Bid
Adastra Holdings Ltd | Adastra Enters into Share Purchase Agreement for Acquisition of Phyto Extractions
Avicanna Inc. | Avicanna Completes Registration and Commercial Export of its Evidence-Based CBD Dermacosmetics Brand, Pura Earth, in Ecuador
SpotLite360 IOT Solutions Inc. | Spotlite360 Retains Sewald Hanfling for Strategic Business Development
Central African Gold Inc. | Central African Gold Closes the Acquisition of the Musefu Gold Project
Komo Plant Based Foods Inc | Komo Plant Based Foods Receives Over 90 Five-Star Customer Reviews Through Yotpo App on its eCommerce Platform
Harborside Inc (Sub Voting) | Harborside Inc. Announces Strategic Agreement in Cannabis Crop Steering Research
Cerrado Gold Inc. | Cerrado Gold Reports Metalllurgical Test Results at Its Monte Do Carmo Gold Project in Brazil
Good Natured Products Inc. | good natured® Provides High-tech Growers with Plant-based Packaging to Maximize Positive Environmental Impact
Graph Blockchain Inc. | Graph Blockchain Announces Spin Off Three Subsidiaries via Share Dividend

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