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Stockhouse @ the Bell: Mining Gains Put TSX Back in the Green

Stockhouse Editorial
4 Comments| March 24, 2022

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A late boost in the day helped lift Canada’s main stock index slightly higher in Thursday trading thanks to gains in the base metals sector. Strength in health care and consumer stocks also overrode weakness in technology and energy shares.


Sponsored by
Wondr Gaming Acquires Gamelancer


New sanctions against Russia from the Biden administration means a higher close for US indices. In response to Russia’s invasion of Ukraine, US measures, involve freezing assets, single out 328 members of Russia’s lower house State Duma and 48 defence companies, the White House announced as President Joe Biden attended summits in Brussels focused on the war. The volatility on Wall Street has gone on for the entire week as markets assess not only the Ukraine situation, but also the implications of higher oil prices, as well as Federal Reserve statements signaling efforts to combat inflation. 187,000 people in the United States filed for weekly unemployment benefits last week, lower than economists' expectations of 210,000, according to data released by the Department of Labor.

Today in the Markets

TSX 21,937.89 +5.71 Click to enlarge
TSXV 883.70 +7.50 Click to enlarge
CSE 430.73 -1.65 Click to enlarge
DJIA 34,707.94 +349.44 Click to enlarge
NASDAQ 14,191.84 +269.24 Click to enlarge
S&P 500 4,520.16 +63.92 Click to enlarge

The Canadian dollar traded for 79.87 cents US compared with 79.61 cents US on Wednesday.

Crude oil prices were down 3.56 to $111.40.

The price of gold was up 17.59 to $1,963.69.

In world markets, the Nikkei was up 70.23 points to at 28,110.39, the Hang Seng was down 208.13 points to 21,945.95, the FTSE was up 20.83 points to 7,481.46, and the DAX was up 19.71 points to 14,303.36.


Top 10 Bullboards:

Company Ticker Views
Baytex Energy Corp T.BTE 3457
New Found Gold V.NFG 3183
Datametrex AI Ltd V.DM 3026
HPQ-Silicon Resources Inc V.HPQ 2449
Sokoman Minerals Corp. V.SIC 1868
PyroGenesis Canada Inc. T.PYR 1735
Knight Therapeutics Inc T.GUD 1629
Therma Bright Inc. V.THRM 1576
Quarterhill Inc T.QTRH 1474
Bombardier Inc. T.BBD.A 1168


Today in the News:

Hank Payments Corp. | Hank Payments Inks Agreement with New York State Automobile Dealers Association, Provides Update on Mortgage Transaction
Intermap Technologies Corp. | Intermap to Participate in Growth Conference Presented by Maxim Group and Hosted by M-Vest
Psyched Wellness Corp. | Psyched Wellness and the National Research Council of Canada Announce Preliminary Data from Studies of Neuroprotective Properties of AME-1
Lumiera Health | Lumiera Health signs distribution agreement to launch Awaye(TM) in Vietnam - a market of 100 million people
Bald Eagle Gold | Bald Eagle Announces High-Grade Soil Sample Discoveries, Extension of Strike Length of Hercules Silver Deposit with Newly Identified Silver-Mineralized Zones
Neovasc Inc. | Neovasc Announces Consolidation and Extension of Convertible Debt
Belmont Resources Inc. | Belmont/Marquee JV Secures Drill Contractor for Kibby Basin Lithium Project, Nevada
St. James Gold Corp A | ST. JAMES GOLD CORP. (TSXV: LORD) ANNOUNCES APPOINTMENT OF LEIGH HUGHES TO ITS BOARD OF DIRECTORS
Sabio Holdings Inc. | Sabio to Attend AlphaNorth CEM Conference
PlantX Life | PlantX Announces Retail Partnership with BESTIES Vegan Paradise
Biomind Labs Inc. | Biomind Labs to Commence Commercial Clinical Trial on Its Proprietary Mescaline Candidate BMND06
Xebra Brands | Xebra's First Mover Advantage in Mexican Cannabis Movesto Next Steps; Supreme Court Final Resolution
Cybin Inc. | Cybin-Sponsored Feasibility Study Using Kernel Flow Technology Currently Recruiting Participants
MAPPF | ProStar Announces That One Of America's Largest Heavy Highway Construction Companies Has Adopted ProStar's Cloud And Mobile Precision Mapping Solution
Eat Well Investment Group Inc. | Eat Well Group Announces New Distribution of Amara Organic Foods to Sobeys and IGA Stores Across Canada
Dynacor Gold Mines Inc | Dynacor Declares April 2022 Monthly Dividend
Cardiol Therapeutics Inc. | Cardiol Therapeutics Announces Year-End 2021 Update on Operations
Mindset Pharma Inc. | Emerging Markets Report: Love Letters
C3 Metals Inc. | C3 Metals Mobilizes Drill to Jamaica Testing Copper-Gold Porphyry Systems
CULT Food Science Corp. | CULT Food Science Portfolio Company California Cultured Featured in The Atlantic
Wallbridge Mining Company Ltd. | Wallbridge Establishes Underground Access to Area 51 Mineralization at Fenelon and Confirms Continuity and Grade
Blackrock Silver Corp. | Blackrock Silver Announces Inclusion of the Victor Vein System into Upcoming Maiden Resource Estimate at Tonopah West
Noram Lithium Corp | Noram Appoints VP of Exploration, Permits Phase VI Drill Campaign At Its Zeus Lithium Project And Grants Options
ScreenPro Security Inc. | ScreenPro Continues to Increase Market Share in Covid Testing
Datametrex AI Ltd | Datametrex Nexalogy Software Used to Stop the Spread of Global Misinformation



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