Most actively traded companies on the TSX | iNFOnews | Thompson-Okanagan's News Source
Subscribe

Would you like to subscribe to our newsletter?

Current Conditions Sunny  14.1°C

Most actively traded companies on the TSX

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

Toronto Stock Exchange (16,480.53, up 81.06 points).

ProMetic Life Sciences Inc. (TSX:PLI). Down nine cents, or 58.06 per cent to 6.5 cents on 27 million shares.

Bombardier Inc. (TSX:BBD.B). Down eight cents, or 2.95 per cent, to $2.63 on 14 million shares.

Crescent Point Energy Corp. (TSX:CPG). Energy. Unchanged at $5.64 on 8.3 million shares.

Aphria Inc. (TSX:APHA). Health care. Down $1.91, or 14.24 per cent, to $1.91 on 8.2 million shares

Encana Corp. (TSX:ECA). Energy. Down 23 cents, or 2.28 per cent, to $9.85 on 7.1 million shares.

Aurora Cannabis Inc. (TSX:ACB). Health care. Down 46 cents, or 3.89 per cent, to $11.37 on 6.6 million shares.

Companies reporting:

Aphria Inc. — The cannabis company's first full quarter of sales since the legalization of recreational cannabis fell short of investor expectations after the company posted a steep quarterly loss, a $50-million impairment charge related to its Latin America operations and announced that Green Growth Brands had dropped its hostile takeover offer. Although the Leamington, Ont.-based pot producer saw net revenue soar by more than 600 per cent to $73.8 million during its third quarter ended Feb. 28, it posted a net loss of $108.2 million. That's compared with net revenues of $10.3 million and net profits of $12.9 million during the same period a year earlier.

Organigram Holdings Inc. (TSXV:OGI). Down 96 cents, or 10.21 per cent to $8.44. Organigram swung to a loss of $6.4 million in its latest quarter as its revenue soared in its first full quarter of adult-use recreational sales. The Moncton-based company saw revenue rise sharply to $26.9 million during the three-month period ended Feb. 28, up from $3.4 million a year earlier and topping estimates. However, Organigram's cost of sales also spiked to $10.9 million, compared to $1.8 million during the same period a year ago.

CIBC (TSX:CM). Down 40 cents to $110.35. Canadian Imperial Bank of Commerce is shuffling its leadership deck in a series of moves effective today that includes appointing Ed Dodig, CEO Victor Dodig's brother, to head retail investment firm CIBC Wood Gundy. In internal memos provided to The Canadian Press, the bank says the changes are being made to sharpen client focus and develop leadership capabilities. Ed Dodig is to replace Peter Lee, who will become executive vice-president of banking centres, leading personal and small business banking operations in the retail bank. CIBC says Ed Dodig has had an integral role in the growth of its global markets business, most recently leading its equity markets team, a role that will fall to Anton Erdody on an interim basis.

Lundin Mining Corp. (TSX:LUN). Up 55 cents, or 8.05 per cent to $7.38. Lundin Mining has signed a deal to buy the Chapada copper-and-gold mine in Brazil from Yamana Gold Inc. in a deal worth more than US$800 million. Under the agreement, Lundin will pay US$800 million in cash for the mine while Yamana will retain a 2.0 per cent net smelter return royalty on future gold production from the Suruca gold deposit. Yamana will also receive contingent payments of up to US$125 million over five years if certain gold price thresholds are met and contingent consideration of US$100 million on potential construction of a pyrite roaster.

News from © The Canadian Press, 2019
The Canadian Press

  • Popular kelowna News
View Site in: Desktop | Mobile