India, May 16 -- Canadian shares are likely to extend recent gains as the mood is likely to remain positive Friday morning amid easing tensions about tariffs.
Lower crude oil and bullion prices could hurt resources stocks a bit and limit market's upside.
Fresnillo Plc, a Mexican precious metals miner, said on Friday that it has sold its stake in MAG Silver Corp. (MAG.TO) following the announcement of the deal that Pan American Silver Corp. (PAAS.TO) is set to buy MAG Silver.
Fresnillo had earlier acquired its stake in MAG Silver to support the strong partnership at Juanicipio, a silver mine, where Fresnillo is the operator and majority owner.
The Canadian market continued its moves up north on Thursday, rising for the eighth consecutive...