Toronto Stocks Edge Lower; Energy Fuels Rises on Uranium Output Beat
By Adriano Marchese
Toronto-listed stocks were slightly lower in midday trading Monday following the Christmas holiday period. Materials stocks were the laggards of the session, followed by process industries and tech services which offset gains primarily in energy, communications and industrial services stocks.
Canada's S&P/TSX Composite Index declined 0.2% to 31939.94 and the blue-chip S&P/TSX 60 fell by 0.1% to 1872.81.
Energy Fuels' stock rose by 2.4% to 21.16 Canadian dollars ($15.47) a share after the company said it produced more uranium than expected out of Utah and Arizona in 2025, a rate it expects to continue into next year.
Other market movers:
Arizona Sonoran Copper shares fell by 5.7% to C$4.79 after it said it plans to begin talks with Rio Tinto-backed Nuton to end a partnership agreement early and fully take on the Cactus Project in Arizona.
Frontera Energy's Colombian subsidiary has struck a financing deal with Chevron Products Company worth up to $120 million in exchange for future oil deliveries. Shares rose 1.8% to C$6.16.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
December 29, 2025 12:21 ET (17:21 GMT)
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