(RTTNews) - Investors snapped up Canadian stocks across a variety of sectors in mid-morning deals Tuesday on bargain hunting after the main index slumped heavily in the past three sessions. Also, traders set aside euro zone worries, at least for now, after the EU transferred a part of an aid package to Greece. The S&P/TSX Composite Index moved up 123.68 points or 1.05% to 11,936.68, after having erased nearly 400 points or over 3%.in the past three sessions. The price of oil rebounded from a 8-month low, with crude for June adding $1.82 to $71.90 a barrel. The Energy Index rose 1.66%, with Suncor Energy (SU.TO), Pacific Rubiales (PRE.TO) and Cenovus Energy (CVE.TO) gaining over 2% each. Among base metals stocks, Teck Resources (TCK_B.TO) and Quadra Mining (QUA.TO) gathered over 5% each. In the financial space, Bank of Montreal (BMO.TO) and RBC (RY.TO) were up around 2% each. In corporate news, CN Rail (CNR.TO) was up 1.56%. The company said it would buy back up to 3 million of its common shares as part of the company's 15-million share repurchase program announced on Jan. 26. The repurchase price will not exceed the prevailing market price of company's common shares on the TSX at the time of the purchase. Aerospace and industrial components manufacturer Heroux-Devtek (HRX.TO) gained 2.61% after said it bagged $16 million contracts from the U.S. air force and navy for landing gear components. The price of gold eased on profit taking. Gold for June was down $10.70 to $1,217.40 an ounce. Among gold stocks, Red Back Mining (RBI.TO) lost 0.68% and Jaguar Mining (JAG.TO) shed 2.32%. Copper mining company Nord Resources (NRD.TO) plummeted over 11% after reporting a flat net income of $0.01 per share for the first quarter, compared to $0.01 per share in the prior year quarter. Nickel mining company Crowflight Minerals (CML.TO) was down 2.70% after it turned to loss in first quarter, reporting net loss of C$0.01 per share, compared to net income of C$0.01 per share in the prior year quarter. Base metals mining company Ivernia Inc. (IVW .TO) moved down 6.76% after reporting a net loss of $0.03 per common share for the first quarter, compared with a net loss of $0.02 per share last year. In economic news, Statistics Canada said Canadian investors acquired $4.8 billion of foreign securities in March, the largest outflow since May 2008. Notably, non-US foreign stocks accounted for over 80%, with focus on European and Asian stocks, the agency added. Meanwhile, foreign investments in Canadian securities were down by $616 million.

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