April 09, 2018 - 1:40 PM
Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,227.70, up 20.29 points)
Neovasc Inc. (TSX:NVC). Medical devices. Unchanged at eight cents on 21.4 million shares.
Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 70 cents, or 8.64 per cent, to $7.40 on 11.5 million shares.
Canopy Growth Corp. (TSX:WEED). Healthcare. Down $1.95, or 7.04 per cent, to $25.74 on 5.8 million shares.
Kinross Gold Corp. (TSX:K). Miner. Down 44 cents, or 8.73 per cent, to $4.60 on 5.7 million shares.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Down 10 cents, or 0.84 per cent, to $11.84 on 5.21 million shares.
Crescent Point Energy (TSX:CPG). Oil and gas. Down two cents, or 0.22 per cent, to $9.15 on 5.18 million shares. An activist investor is seeking changes on the company's board, but Crescent says it lacks credibility and is engaged in an ill-conceived and self-serving exercise. Cation Capital Inc., which holds a 0.3 per cent stake in Calgary-based company, said Monday it plans to nominate four people for election to the company's board, which has 10 members.
Companies reporting major news:
Kinder Morgan Canada Ltd. (TSX:KML). Oil and gas.Down $2.32, or 12.58 per cent, to $16.12 on 2.3 million shares. Kinder Morgan is open to discussing an investment in its Trans Mountain pipeline expansion by the Alberta government if there's clear assurance that the project can actually be completed, the company's chief executive said Monday. Alberta Premier Rachel Notley suggested Sunday the province could invest in the project to ensure completion of the project after the company announced it has suspended all non-essential activities and related spending on the pipeline expansion to carry Alberta bitumen from the oilsands to an export terminal near Vancouver.
News from © The Canadian Press, 2018