Canadian Stock Market Movers on Monday

With U.S. markets closed for July 4th, silver prices surged over $21, driven by speculation of more central bank stimulus amid Brexit uncertainties. Silver has outperformed gold, rising 48% this year. Nova Scotia's Emra increased its annual dividend by 10% and extended its growth target to 2020, boosting its shares by over 10% this year. Gran Tierra Energy's shares fell after agreeing to acquire Petro Latina for $525 million, with assets primarily in Colombia. Analyst David Fung suggests a cautious approach for investors.

What was the main reason for the recent surge in silver prices?

• Increased industrial demand

• Decreased mining output

• Speculation of central bank stimulus

• Rising inflation rates

By how much have silver prices increased this year?

• 60%

• 48%

• 35%

• 25%

What action did Emra take that led to a spike in its shares?

• Merged with another company

• Increased its annual dividend by 10%

• Launched a new product line

• Announced a stock buyback

What is the new target year for Emra's 8% annual dividend growth?

• 2018

• 2019

• 2020

• 2021

How is Gran Tierra planning to finance its acquisition of Petro Latina Energy?

• Using available cash and financing

• By issuing new shares

• By selling existing assets

• Through a government grant