Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
TORONTO – Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,187.36 down 89.76 points):
Eastern Platinum Ltd. (TSX:ELR). Miner. Up half a cent, or 6.25 per cent, at 8.5 cents on 46.66 million shares.
Cline Mining Corp. (TSX:CMK). Miner. Down three cents, or 75 per cent, at a penny on 15.14 million shares. The Toronto-based miner said it will delist from the main index on June 21. CEO Mark Haywood said in a statement that listing with the TSX is not feasible at the present time and expects that the delisting “will have additional flexibility with respect to financing options.”
Bombardier Inc. (TSX:BBD.B). Plane and train maker. Down 10 cents, or 2.09 per cent, at $4.68 on 10.29 million shares.
Manulife Financial Corp. (TSX:MFC). Insurer. Down 23 cents, or 1.44 per cent, at $15.73 on 8.05 million shares. The insurer’s real-estate arm acquired five commercial properties in the Montreal area for $75.9 million. The deal with the Redbourne Realty Fund announced after close Friday includes three office and two industrial properties.
Talisman Energy Inc. (TSX:TLM). Oil and gas. Down 16 cents, or 1.36 per cent, at $11.63 on 7.34 million shares.
Toronto Venture Exchange (933.57 up 3.50 points):
Revolver Resources Inc. (TSXV:RZ). Miner. Up 1.5 cents, or 50 per cent, at 4.5 cents on 4.14 million shares.
Doubleview Capital Corp. (TSXV:DBV). Resource explorer. Up 3.5 cents, or 36.84 per cent, at 13 centson 3.14 million shares. The company announced Thursday that its Phase I program at its Hat copper project in B.C. is nearing completion.
Company reporting major news:
Sears Canada Inc. (TSX:SCC). Retail. Up $1.31, or 13.86 per cent, at $10.76 on 211,683 shares. The national department store operator is closing at least two major Toronto-area stores, and possibly a third, in return for cash payments pegged at nearly $200 million cash. Last year, Sears Canada agreed to sell back leases for three high-profile stores in Vancouver, Calgary and Ottawa in return for $170 million. The company has been refocusing its business amid intense and growing competitive pressure in Canada’s retail sector.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Want to share your thoughts, add context, or connect with others in your community?
You must be logged in to post a comment.