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Canada's main stock index added to its weekly gain on Friday, led by energy and metal mining shares, as hopes that trade tensions could ease offset evidence that tariff-related uncertainty is already weighing on domestic activity.
For the week, the index advanced 1.3, its fifth straight weekly gain.
Here's a summary of the top-performing and underperforming stocks on the Toronto Stock Exchange (TSX) over the past week (May 4th - 9th 2025):
Gold hitting record highs
The price of gold keeps heating up. If the record-breaking year of 2024 wasn't enough, gold hit a major historic 2025 milestone by crossing the $3,000/ounce threshold!
Here are 3 Key Reasons:
Looming economic & political uncertainty
Increasing central bank demand
Rising National Debt - over $36 Trillion
So, could gold surge even higher?
According to a recent statement from Jeffrey Gundlach, famed American business man and investor… “Gold continues its bull market that we’ve been talking about for a couple of years, ever since it was down to $1,800.” He expects gold to reach $4,000/oz.
Is it time you learn more about precious metals?
Get all the answers in your free 2025 Gold & Silver Kit. Plus, if you request your free kit today, you could qualify for up to 10% Instant Match in Bonus Silver*.
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📈 Top TSX Gainers
🟢 Symbol | 🟢 Name | 🟢 Last Price (CAD) | 🟢 % Change |
|---|---|---|---|
✅ SHLE-T | Source Energy Services Ltd | 11.96 | 🟩🟩🟩🟩 +15.00% |
✅ MSA-T | Mineros S.A. | 2.40 | 🟩🟩🟩🟩 +14.83% |
✅ AC-T | Air Canada | 17.54 | 🟩🟩🟩🟩 +14.64% |
✅ LUG-T | Lundin Gold Inc | 67.79 | 🟩🟩🟩🟩 +14.14% |
✅ DBM-T | Doman Building Materials Group Ltd. | 8.09 | 🟩🟩🟩 +13.31% |
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📉 Top TSX Decliners
🔴 Symbol | 🔴 Name | 🔴 Last Price (CAD) | 🔴 % Change |
|---|---|---|---|
❌ DCBO-T | Docebo Inc | 36.94 | 🟥🟥🟥🟥 -17.10% |
❌ FSZ-T | Fiera Capital Corp | 5.67 | 🟥🟥🟥🟥 -13.44% |
❌ AD-UN-T | Alaris Equity Partners Income Trust | 18.60 | 🟥🟥🟥 -7.74% |
❌ PRN-T | Profound Medical Corp | 6.42 | 🟥🟥🟥 -6.96% |
❌ VHI-T | Vitalhub Corp | 11.06 | 🟥🟥🟥 -6.75% |
📉 Docebo Inc. (DCBO-T)
Docebo’s stock dropped over 17% following a mixed Q1 earnings call. While the company saw strong growth in Annual Recurring Revenue (ARR), climbing to $225 million, and made strides in AI innovation and government market entry, several issues weighed on investor sentiment. Most notably, Docebo lowered its full-year revenue guidance due to macroeconomic headwinds, lost a contract with AWS (which represented 1.8% of ARR), and announced key leadership departures. The missed AWS renewal and elongated enterprise sales cycles highlighted broader market challenges despite overall revenue growing 11% year-over-year.
✈️ Air Canada (AC-T)
Air Canada shares surged over 14% even though Q1 earnings slightly missed expectations. Revenue dropped 1% year-over-year to C$5.19 billion, below analyst estimates, and the company cut its full-year EBITDA forecast slightly. However, investors reacted positively, likely due to the relatively minor nature of the misses and Air Canada's explanations—declining U.S. bookings, winter weather disruptions, and a Toronto airport incident. Additionally, optimism surrounding new Airbus A321XLR planes and a rebound in international travel buoyed the stock, reflecting market confidence in the airline’s strategic direction.
Thats it for this week, some optimism ahead !
The Wealth Awesome Team
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