August 27, 2012 - 5:13 PM
TORONTO - Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,048.82 down 33.41points):
Inter-Citic Minerals Inc. (TSX:ICI). Miner. Up 54 cents, or 37.24 per cent, at $1.99 on 5,915,757 shares. The stock soared to its highest level since February 2011 after an announcement that China-based Western Mining Co. Ltd. will buy it for $250 million. Western Mining is offering $2.05 per share in cash for all outstanding shares of the Toronto-headquartered company, a 41.4 per cent premium to Inter-Citic's closing share price of $1.45 on Friday.
Score Media Inc. (TSX:SCR). Television and digital media. Up 18 cents, or 11.69 per cent, at $1.72 on 5,807,194 shares. The Toronto company's stock jumped to its highest level since late 2007, on the first day of trading after Rogers Communications Inc. (TSX:RCI.B) announced that it will buy the sports broadcaster. The company's Score Television Network will be rebranded under Rogers' Sportsnet umbrella.
Talisman Energy Inc. (TSX:TLM). Oil and gas. Up 47 cents, or 3.47 per cent, at $14.03 on 5,249,487 shares.
Viterra Inc. (TSX:VT). Grain handler. Up a penny, or 0.06 per cent, at $16.17 on 4,681,650 shares.
Research In Motion Ltd. (TSX:RIM). Wireless technology. Up 13 cents, or 1.89 per cent, at $7.01 on 2,444,302 shares. The telecommunications sector inched up 0.19 point, or 0.17 per cent, at 109.72 points.
Bank of Nova Scotia (TSX:BNS). Bank. Up 48 cents, or 0.91 per cent, at $52.94 on 2,264,472 shares. The financial sector ended the day at 176.58 points, up 0.44 of a point or 0.25 per cent.
TSX Venture Exchange (1,246.82 down 5.06 points):
GoldQuest Mining Corp. (TSXV:GQC). Mineral exploration/development. Unchanged at $1.71 on 20,883,494 shares.
Zodiac Exploration Inc. (TSXV:ZEX). Oil and gas services. Up a penny, or 28.57 per cent, at 4.5 cents on 7,572,300 shares.
Companies reporting major news:
Cameco (TSX:CCO). Uranium miner. Down 23 cents, or 1.02 per cent, at $22.23 on 552,930 shares. The uranium giant purchased the Yeelirrie uranium project, one of Australia’s largest undeveloped uranium deposits, for US$430 million. The Saskatchewan-based company reached an agreement with BHP Billiton on Sunday to acquire the project in Western Australia.
News from © The Canadian Press, 2012