Bay Street stocks opened lower Thursday amid marginal selling across a variety of sectors, with the S&P/TSX Composite Index shedding 21.52 points or 0.17 percent to 12,679.73.
In the oil patch, Lundin Mining (LUN.TO) shed 1 percent after reporting a sharp decline in its fourth quarter net income. While Suncor Energy (SU.TO) eased 0.20 percent, Niko Resources (NKO.TO) was adding 0.25 percent.
Among gold stocks, NovaGold Resources (NG.TO) edged up 0.25 percent after reporting a narrower full-year net loss.
Global gold miner Yamana Gold (YRI.TO) gained nearly 2 percent on reporting adjusted fourth quarter earnings of $0.25 per share, which beat consensus by a penny.
Meanwhile, silver streaming company Pan American Silver (PAA.TO) slipped 0.20 percent even after it swung to profit in fourth quarter.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.