Bay Street stocks opened higher Tuesday amid buying across a variety of sectors, with the S&P/TSX Composite Index adding 164.68 points or 1.46 percent to 11,445.32.
The Diversified Materials Index gained over 4 percent, with Ivanhoe Mines (IVN.TO) surging close to 12 percent. First Quantum Minerals (FM.TO) rose over 4 percent, while Inmet Mining (IMN.TO) was adding almost 3 percent.
Among gold plays, Royal Gold (RGL.TO) rose more than 6 percent. Allied Nevada Gold (ANV.TO) and Agnico-Eagle Mines (AEM.TO) gained around 3 percent each.
In the financial space, TD Bank (TD.TO) and Scotiabank (BNS.TO) gathered around 2 percent each.
Meanwhile, Niko Resources (NKO.TO) dived close to 15 percent after relinquishing its interest in the D4 block in India.
by RTT Staff Writer
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