News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 

Toronto Stocks Slide; Barrick Gold Rises on Reaching Production Targets in 2021

01/19/2022 | 12:19pm EDT

By Adriano Marchese


Shares in Toronto were slightly lower on Wednesday mid-trading, with the materials sector offsetting most other sectors in the red. In line with the trend, shares in Barrick Gold Corp. rose after it met production targets for 2021.

At midday, Canada's S&P/TSX Composite Index was down 0.34% at 21204.93 while the blue-chip S&P/TSX 60 fell 0.42% at 1289.68.

Barrick Gold Corp. shares were up 6.9% to C$24.84. The company said preliminary gold production for the full year was 4.44 million troy ounces, within its target range of 4.4 million to 4.7 million.


Other market movers:

Shares in Pan American Silver Corp. rose 8.5% to C$30.87 after it said production in 2021 improved from the previous year despite continued pandemic-related workforce deployment constraints.

B2Gold Corp. shares rose by 4.7% to C$4.64 after the company said fourth-quarter gold production reached 304,897 ounces, bringing its annual total to 1.04 million ounces.

Torex Gold Resources Ltd. stocks rose 6.3% to C$13.07 after announcing its production guidance in 2022 will be at similar levels as expected for 2021, but that costs could be higher.


Write to Adriano Marchese at adriano.marchese@wsj.com


(END) Dow Jones Newswires

01-19-22 1219ET

Stocks mentioned in the article
ChangeLast1st jan.
B2GOLD CORP. -0.75% 5.28 Delayed Quote.6.02%
BARRICK GOLD CORPORATION 0.34% 26.65 Delayed Quote.10.81%
ON SEMICONDUCTOR CORPORATION 0.70% 56.46 Delayed Quote.-16.87%
PAN AMERICAN SILVER CORP. -0.59% 28.62 Delayed Quote.-9.32%
SILVER 0.00% 21.73 Delayed Quote.-6.01%
TOREX GOLD RESOURCES INC. -0.08% 13.27 Delayed Quote.0.91%
Latest news "Markets"
05/20Vietnam sacks head of the country's main stock exchange over "wrongdoing"
RE
05/20Toronto market ends weekly losing streak as utilities climb
RE
05/20Toronto market ends weekly losing streak as utilities climb
RE
05/20The WSJ Dollar Index Falls 1.29% to 95.43 -- Data Talk
DJ
05/20S&P/TSX Composite Index Ends the Week 0.49% Higher at 20197.61 -- Data Talk
DJ
05/20BOVESPA Index Ends the Week 1.46% Higher at 108487.88 -- Data Talk
DJ
05/20IPC Indice de Precios Y Cotizaciones Ends the Week 3.91% Higher at 51518.30 -- Data Talk
DJ
05/20S&P MERVAL Index Ends the Week 0.76% Lower at 88118.96 -- Data Talk
DJ
05/20Bear market beckons as stock volatility continues in 2022
RE
05/20Global stocks rebound despite unease over economy; dollar gains
RE
Latest news "Markets"