By Adriano Marchese
Toronto stocks were lower on Tuesday mid-trading, the first day of the shortened week after Labor Day. In the session, process industries led the decline, followed by energy and transportation, offsetting gains in materials and producer manufacturing.
Canada's S&P/TSX Composite Index was down 0.40%, to 19193.82, and the blue-chip S&P/TSX 60 fell by 0.45%, to 1159.68.
Titan Mining Corp. shares were 20% higher, at 60 Canadian cents (46 U.S. cents), after it said the permits were given to its Empire State Mines from the New York State Department of Environment and Conservation. The company plans to begin construction of a road to the existing mill facility while it prepares the area around the open pits.
Other market movers:
Shares in McEwen Mining Inc. were 2% higher, at C$4.15, after it said that it has signed an option to become a majority joint-venture partner with mining major Rio Tinto PLC in Nevada.
Tetra Bio-Pharma Inc. said that it will collaborate with Cellvera Global Holdings LLC to develop a potential oral treatment for Covid-19 patients. Shares rose as high as 25%, to C$0.75, before settling at flat.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
09-06-22 1213ET
