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TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,279.43 up 179.49 points):
Lake Shore Gold Corp. (TSX:LSG). Miner. Down one cent, or 2.47 cents, at 39.5 cents on 19.4 million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Up 37 cents, or 5.33 per cent, at $7.31 on 10.2 million shares. The energy sector gained 1.9 per cent and oil for June delivery rose $2.25 to $91.43 a barrel.
Barrick Gold Corp. (TSX: ABX). Miner. Up $1.37, or 7.61 per cent, at $19.38 on 7.4 million shares. The company issued an earnings report that, while down from a year ago, beat the expectations of analysts as Barrick also announced plans to cut at least US$500 million from spending on major projects this year. As well, the price of bullion added $14.90 to US$1,423.70 an ounce.
Torex Gold Resources Inc. (TSX:TXG). Miner. Up 14 cents, or 10.85 per cent, at $1.43 on 6.8 million shares.
Air Canada (TSX:AC.B). Airline. Up five cents, or 1.73 per cent, at $2.94 on 4.7 million shares.
U3O8 Corp. (TSX:UWE). Uranium miner. Up 1.5 cents, or 10.71 per cent, at 15.5 cents on 4.6 million shares.
Toronto Venture Exchange (951.70 up 10.75 points):
Petromanas Energy Inc. (TSXV:PMI.WT). Oil and gas. Up half a cent, or 50 per cent, at 1.5 cents on 11.1 million shares.
Duran Ventures Inc. (TSXV:DRV). Miner. Unchanged at four cents on 5.3 million shares.
Companies reporting major news:
BlackBerry (TSX:BB). Wireless technology. Up 51 cents, or 3.46 per cent, at $15.25 on 4.4 million shares. The company said it was confident that it’s innovating faster than its rivals and will convince skeptical mobile customers to return to the once dominant brand. Technology blogs and newspapers released the first wave of reviews for BlackBerry’s forthcoming keyboard-equipped Q10 smartphone late Tuesday night and most were positive.
Canadian Pacific Railway (TSX:CP). Down $1.50, or 1.19 per cent, at $124.73 on 359,108 shares. The company says it is on track to deliver the best results in its 132-year history this year after defying a harsh winter to generate a first-quarter profit that handily beat analyst estimates. Revenue increased nine per cent to a quarterly record of $1.495 billion.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Up 61 cents, or 2.12 per cent, at $29.36 on 3.1 million shares. The company says its refinery business cushioned the company from weak prices for heavy oil in the first-quarter, when it saw a 15 per cent bump in operating earnings and an increase profits excluding the impact of hedging and foreign exchange.
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