August 01, 2018 - 1:31 PM
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,376.77, down 57.24 points)
Dalradian Resources Inc. (TSX:DNA). Miner. Down a penny, or 0.69 per cent, to $1.44 on 14.92 million shares.
Enercare Inc. (TSX:ECI). Utility. Up $9.99, or 52.83 per cent, to $28.90 on 11.36 million shares. Brookfield Infrastructure Partners made a friendly $4.3-billion takeover offer for the utility worth the equivalent of $29 per share in cash with an option to receive some of the price in equity. The offer was 53 per cent above Enercare's closing price at $18.91 on Tuesday, prior to the announcement.
The Hydropothecary Corp. (TSX:HEXO). Healthcare. Up 48 cents, or 11.03 per cent, to $4.83 on 10.93 million shares.
Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 18 cents, or 2.56 per cent, to $6.84 on 8.54 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down 15 cents, or 3.06 per cent, to $4.75 on 7.93 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Up 25 cents, or 1.39 per cent, to $18.20 on 6.47 million shares.
Companies reporting major news:
Molson Coors Canada. (TSX:TPX.B). Up $4.50, or 4.92 per cent, to $96.01 on 7,240 shares. The brewer has entered into a joint venture with The Hydropothecary Corp. to develop non-alcoholic, cannabis-infused beverages, making it the latest big alcohol company to turn its eye to the budding marijuana market. The new venture will be a standalone start-up with its own board and management team that will be 57.5 per cent owned by Molson.
News from © The Canadian Press, 2018