Most actively traded companies on the TSX - InfoNews

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Most actively traded companies on the TSX

February 13, 2019 - 1:51 PM

Some of the most active companies traded Wednesday on the Toronto Stock Exchange:

Toronto Stock Exchange (15,626.73, down 15.37).

Encana Corp. (TSX:ECA). Energy. Up 44 cents, or 5.46 per cent, to $8.50 on 40.6 million shares.

Nemaska Lithium Inc. (TSX:NMX). Materials. Down 19.5 cents, or 35.45 per cent, to 35.5 cents on 39.6 million shares.

Aurora Cannabis Inc. (TSX:ACB). Health care. Up nine cents, or 0.95 per cent, to $9.56 on 13.9 million shares.

Cenovus Energy Inc. (TSX:CVE). Energy. Up 61 cents, or 5.85 per cent, to $11.04 on 7.9 million shares.

Enbridge Inc. (TSX:ENB). Energy. Up 33 cents, or 0.7 per cent, to $47.57 on 6.2 million shares.

Barrick Gold Corp. (TSX:ABX). Materials. Down 69 cents, or 3.9 per cent, to $17.02 on 6.1 million shares.

Companies reporting:

SNC-Lavalin Inc. (TSX:SNC). Down 26 cents to $34.02. Debt rating agency Standard & Poor's has downgraded SNC-Lavalin Group Inc., citing problems at a Chilean mining project, damaged business relations with Saudi Arabia and criminal charges against the beleaguered engineering giant. The downgrade to BBB- from BBB notes the Montreal-based company has halted all bidding on future mining projects following a dispute with Chile's state-owned copper mining company Codelco, now entering arbitration.

Cenovus Energy Inc. — The CEO of Cenovus Energy says the company is going ahead with plans to raise its crude-by-rail shipments to 100,000 barrels per day this year, despite criticism from other major producers that Alberta's forced production cuts have destroyed rail's profitability. The Calgary-based company is confident that the province will encourage growth in crude-by-rail as an alternative to delayed new export pipelines going forward, Alex Pourbaix said Wednesday on a conference call.

Teck Resources Ltd. (TSX:TECK.B). Down $1.66 or 5.5 per cent to $28.49. Teck Resources saw its fourth-quarter profit drop 41.5 per cent from the year earlier, amid lower prices for copper, zinc and oil. The profit attributable to shareholders amounted to $433 million or 75 cents per diluted share, down from a profit of $748 million or $1.26 per diluted share in the fourth quarter of 2017. Teck's adjusted profit attributable to shareholders was $500 million or 86 cents per diluted share, down from $680 million or $1.16 per diluted share. Revenue for the three months ended Dec. 31 was $3.25 billion, up from a $3.16 billion in the 2017 fourth quarter.

Barrick Gold Corp. — Barrick Gold, which completed its merger with Africa-focused Randgold Resources at the start of the year, reported a loss for its fourth quarter due in part to problems at its Lagunas Norte and Veladero mines. The gold miner, which keeps its books in U.S. dollars, says it lost US$1.2 billion or $1.02 per share for the quarter ended Dec. 31. That compared with a loss of $314 million or 27 cents per share in the same period a year earlier. Revenue for the quarter totalled $1.9 billion, down from $2.2 billion.

Newstrike Brands Ltd. (TSXV:HIP). Down two cents to 40.5 cents. The Tragically Hip-backed pot producer Up Cannabis plans to have an "experiential hub" inside one of Ontario's first legal recreational weed stores located in the band's hometown of Kingston. The cannabis company says its "store within a store" will be in a shop operated by Spirit Leaf Inc., which has signed an agreement with one of the lottery winners selected to apply for the initial 25 retail licences in Ontario. Members of the Canadian rock band are stakeholders in Newstrike Brands Ltd., the parent company of Up Cannabis, which recently entered into an investment agreement with Spirit Leaf's parent company Inner Spirit Holdings.

News from © The Canadian Press, 2019
The Canadian Press

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