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    DOL   CA25675T1075


Delayed Toronto Stock Exchange  -  04:00 2022-06-29 pm EDT
74.99 CAD   -0.03%
06/10DOLLARAMA : Investor Presentation – Q1-FY2023
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06/09Scotiabank Notes Dollarama's Q1 Beat, Says Delivers Solid Operating Performance
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Resource shares cushion TSX as peace talks hopes ebb

03/30/2022 | 04:57pm EDT

(Adds investor quotes and details throughout, updates prices)

* TSX ends down 11.26 points, or 0.05%, at 22,075.96

* Technology sector falls 2.3%

* Energy gains 0.6% as oil rallies

* Materials adds 1.5%

TORONTO, March 30 (Reuters) - Canada's main stock index edged lower on Wednesday, but holding near a record high as gains for the energy and materials sectors offset a decline in technology stocks after doubts emerged around progress in Russia-Ukraine peace talks.

The Toronto Stock Exchange's S&P/TSX composite index ended down 11.26 points, or 0.05%, at 22,075.96, after posting on Tuesday a record closing high.

U.S. stocks had a steeper decline as Russian forces bombarded the outskirts of Kyiv and a besieged city in northern Ukraine a day after saying it would scale down operations there in what the West dismissed as a ploy to regroup by invaders suffering heavy losses.

"As we head into the end of the quarter, I think this is a win for the TSX," said Greg Taylor, portfolio manager at Purpose Investments.

"So far what we have seen is a good bounce back in energy stocks and materials which had been responding quite well to some downward pressure in commodities in the last few days and I think this bodes well for the remainder of the year."

The TSX has been one of the few major global benchmarks to gain ground in 2022, advancing 4%. It has been helped by a 27% weighting in resource shares.

The energy group rose 0.6% as the price of oil settled 3.4% higher at $107.82 a barrel, while the materials group, which includes precious and base metals miners and fertilizer companies, added 1.5%. Gold was up 0.7% at about $1,933 per ounce.

Shares of Dollarama Inc gained 3.6% after the discount retailer said it would roll out additional price points up to C$5 this year to shield its margins from heightened inflation.

But the technology sector gave back much of the previous day's advance, falling 2.3%. Heavily-weighted financials ended 0.4% lower. (Reporting by Fergal Smith; Additional reporting by Amal S in Bengaluru Editing by Alistair Bell)

© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
DOLLARAMA INC. -0.03% 74.99 Delayed Quote.18.48%
LONDON BRENT OIL -2.07% 115.61 Delayed Quote.51.70%
WTI -2.03% 109.631 Delayed Quote.46.36%
All news about DOLLARAMA INC.
06/10DOLLARAMA : Investor Presentation – Q1-FY2023
06/09BMO Maintains Outperform on Dollarama After Strong Q1, Forecasts FY SSS of 6%
06/09Scotiabank Notes Dollarama's Q1 Beat, Says Delivers Solid Operating Performance
06/09Dollarama Price Target Raised at RBC, TD
06/08TSX falls as investors await evidence of peak inflation
06/08Dollarama announces election of directors
06/08Dollarama adjusts product lines as stores set to introduce $5 maximum price
06/08TRANSCRIPT : Dollarama Inc., Q1 2023 Earnings Call, Jun 08, 2022
06/08Toronto index falls on weakness in industrial, financial shares
06/08Dollarama Up 2.8% After Reporting Q1 2023 Net Earnings of $0.49 Per Diluted Share, Beat..
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Analyst Recommendations on DOLLARAMA INC.
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Sales 2023 4 795 M 3 719 M 3 719 M
Net income 2023 771 M 598 M 598 M
Net Debt 2023 1 772 M 1 374 M 1 374 M
P/E ratio 2023 28,3x
Yield 2023 0,11%
Capitalization 21 889 M 16 976 M 16 976 M
EV / Sales 2023 4,93x
EV / Sales 2024 4,55x
Nbr of Employees 14 230
Free-Float 96,1%
Duration : Period :
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Technical analysis trends DOLLARAMA INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 74,99 CAD
Average target price 79,07 CAD
Spread / Average Target 5,44%
EPS Revisions
Managers and Directors
Neil George Rossy President, Chief Executive Officer & Director
Jean Philippe Towner Chief Financial Officer
Stephen K. Gunn Chairman
Nicolas Hien Chief Information Officer
Johanne Choinière Chief Operating Officer
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