December 10, 2013 - 2:45 PM
TORONTO - Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (13,324.01 up 11.23 points):
B2Gold Corp. (TSX:BTO). Miner. Up 15 cents, or 7.01 per cent, at $2.29 on 8.54 million shares.
Bombardier Inc. (TSX:BBD.B). Plane and train maker. Down three cents, or 0.64 per cent, at $4.63 on 5.05 million shares.
Element Financial Corp. (TSX:EFN). Equipment financing. Up 14 cents, or 0.98 per cent, at $14.49 on five million shares. The Toronto-based company announced Monday it had signed a deal to provide lease financing for up to $2 billion worth of rail cars to Trinity Industries. It will also acquire a US$245-million portfolio of financial assets from a subsidiary of GE Capital secured by helicopters. Both deals are expected to add to earnings in the second half of next year.
Air Canada (TSX:AC.B). Airline. Down nine cents, or 1.17 per cent, at $7.62 on 4.46 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Up 38 cents, or 1.10 per cent, at $34.96 on 4.45 million shares.
Toronto Venture Exchange (903.99 up 1.92 points):
Northern Gold Mining Inc. (TSXV:NGM). Miner. Down half a cent, or 16.67 per cent, at 2.5 cents on 7.70 million shares.
Zodicac Exploration Inc. (TSXV:ZEX). Oil and gas. Unchanged at five cents on 5.89 million shares.
Company reporting major news:
Chorus Aviation (TSX:CHR.B). Airline. Up 26 cents, or 6.97 per cent, at $3.99 on 1.46 million shares. The regional carrier boosted its quarterly dividend by 50 per cent to 11.25 cents per share in the wake of a recent arbitration win against Air Canada (TSX:AC.B). Chorus had cut its quarterly payment to shareholders in half to 7.5 cents per share in May amid uncertainty about the arbitration process.
News from © The Canadian Press, 2013