Bay Street stocks were little changed at open Tuesday amid buying in base-metals stocks, with the S&P/TSX Composite Index edging up 4.06 points or 0.04 percent to 11,334.45.
Among base-metals stocks, Teck Resources (TCK_B.TO) rose nearly 1 percent after announcing that it received regulatory approval for its normal course issuer bid to purchase up to 20 million Class B subordinate voting shares.
Fertilizer maker Potash Corp. (POT.TO) added close to 2 percent, while Agrium Inc. (AGU.TO) edged up nearly 1 percent.
Meanwhile, gold stocks were marginally lower tracking weak bullion prices. Global gold miner Barrick Gold Corp. (ABX.TO) said it has named Ammar Al-Joundi as its Executive Vice President and Chief Financial Officer, effective July 10, 2012. The stock slipped 1 percent
Royal Gold (RGL.TO), Detour Gold (DGC.TO) and Agnico-Eagle Mines (AEM.TO) were down over 1 percent each.
Coated and laminated paper maker Intertape Polymer (ITP.TO) eased 0.20 percent after announcing plans to close its Richmond, Kentucky facility.
by RTT Staff Writer
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