* TSX up 0.2%

* Mining stocks gain as gold prices rise

* Shopify ( SHOP ) drops as Q2 outlook fails to impress

* Thomson Reuters ( TMSOF ) gains on strong Q1 revenue

(Updates prices and details throughout)

By Tharuniyaa Lakshmi

May 5 (Reuters) - Canada's main stock index edged higher

on Tuesday, lifted by mining stocks and corporate earnings, but

a slump in Shopify ( SHOP ) shares after a muted forecast and renewed

Middle East tensions capped gains.

At 11:17 a.m. ET, the Toronto Stock Exchange's S&P/TSX

composite index was up 0.2% at 33,704.69 points with

nine of 11 sectors trading in green.

The heavyweight mining sector gained 1.2% as gold

prices roseon inflationary concernstied to the fragile Middle

East truceafter U.S. and Iranian forces exchanged fire in the

Strait of Hormuz, fueling fears of further escalation.

Meanwhile, the technologysub-index was down 2.4%,

weighing on the TSX, after shares ofe-commerce platform Shopify ( SHOP )

slumped 9% followingtepid forecasts for second-quarter

sales and profit, signaling softer demand.

Among other stocks, Thomson Reuters ( TMSOF ) was up 3.6%

after the company reported a double-digit first-quarter revenue

rise, boosted by gains in its legal, corporates and tax, and

audit and accounting segments.

Colliers fell 3.3% after the real estate services

firm missed first-quarter profit estimates.

Ero Copper ( ERO ) rose 4.5% after the miner'sfirst-quarter

revenue beat analysts'estimates.

"Earnings have been quite strong so far, and while the

conflict hasn't resolved itself, investors have really said

earnings are very good and we're going to pile back into

stocks," said Matthew Kempton, portfolio manager at Verecan

Capital Management.

"There's still a struggle over whether the market cares more

about earnings or headlines around Iran and oil."