Most actively traded companies on the TSX
TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,180.33, down 32.42 points):
Starcore International Mines Ltd. (TSX:SAM). Miner. Up 0.5 cents, or 3.70 per cent, to 14 cents on 22.5 million shares.
PhosCan Chemical Corp. (TSX:FOS). Miner. Up 0.5 cents, or 1.75 per cent, to 29 cents on 16.9 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace and transportation. Down seven cents, or 2.78 per cent, to $2.45 on 8.1 million shares. The Quebec-based transport giant is issuing $750 million in new equity by issuing 339.4 million subscription receipts exchangable for its Class B shares at $2.21 each. Its shares were halted about an hour before the close.
Romarco Minerals Inc. (TSX:R). Miner. Down six cents, or 10.53 per cent, to 51 cents on 7.8 million shares.
Carpathian Gold Inc. (TSX:CPN). Miner. Unchanged at one cent on 5.03 million shares.
Barrick Gold Corp. (ABX). Miner. Up 82 cents, or 5.39 per cent, to $16.03 on 4.8 million shares. Citing massive impairment charges on mine projects in Africa and Chile, the company posted a quarterly net loss of US$2.85 billion or US$2.45 per share. Adjusted net earnings were US$174 million or 15 U.S. cents per share, beating estimates of 13.6 cents a share.
Companies reporting major news:
Goldcorp. Inc. (TSX:G). Miner. Down $2.29, or 7.91 per cent, to $26.65 on 3.5 million shares. The company has written down the value of its Cerro Negro mine in Argentina by US$2.3 billion as the miner posted a quarterly net loss of US$2.4-billion. Its adjusted earnings were US$55 million or seven cents per share, missing forecasts of 12 cents.
SNC-Lavalin (TSX:SNC). Down $3.08, or 7.05 per cent, to $40.63 on 1.8 million shares. The RCMP has laid fraud and corruption charges against the engineering firm and two of its subsidiaries. The charges follow an investigation into business dealings in Libya and allegations that they paid millions of dollars to public officials. SNC says it will plead not guilty but its shares fell amid worries that a conviction could result in problems bidding for work.
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