Most actively traded companies on the TSX, TSX Venture Exchange markets

TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:

Toronto Stock Exchange (12,516.89 down 11.46 points):

Surge Energy Inc. (TSX:SGY). Oil and gas. Up three cents, or 0.52 per cent, at $5.84 on 14.62 million shares.

Twin Butte Energy Ltd. (TSX:TBE). Oil and gas. Down 17 cents, or 8.76 per cent, at $1.77 on 11.06 million shares.

Shoppers Drug Mart Corp. (TSX:SC). Pharmacy. Down 43 cents, or 0.72 per cent, at $59.69 on 6.11 million shares. Standard & Poor’s placed the pharmacy chain and Loblaw (TSX:L) on CreditWatch “with negative implications,” meaning it may lower or affirm the ratings within the next three months. The announcement came a day after the two struck a friendly deal pegged at $12.4 billion.

Loblaw Companies Ltd. Grocer. Down $1.53, or 3.05 per cent, at $48.60 on 4.81 million shares. Standard & Poor’s rating agency also placed Loblaw’s parent company George Weston Ltd. (TSX:WN) on CreditWatch with negative implications. Weston shares were down $2.14, or 2.46 per cent, at $84.86 on 387,065 shares.

Kinross Gold Corp. (TSX:K). Miner. Up 30 cents, or six per cent, at $5.30 on 4.80 million shares.

Toronto Venture Exchange (910.84 up 14.12 points):

Border Petroleum Corp. (TSXV:BOR). Oil and gas. Up 1.5 cents, or 100 per cent, at three cents on 9.91 million shares.

Brookemont Capital Inc. (TSXV:BKT). Miner. Down half a cent, or 9.09 per cent, at five cents on 5.26 million shares.

Company reporting major news:

Copper Fox Metals Inc. (TSXV:CUU). Miner. Up 21 cents, or 35.59 per cent, at 80 cents on 1.69 million shares on news that it reached a new joint-venture agreement with Teck Resources Ltd. (TSX:TCK.B) to explore and develop the Schaft Creek project in B.C. Shares in Teck rose 53 cents, or 2.28 per cent, at $23.73 on 1.62 million shares.

Eldorado Gold Corp. (TSX:ELD). Miner. Up 44 cents, or 6.50 per cent, at $7.21 on 2.52 million shares. The Vancouver company said it was cutting its 2013 capital budget by $240 million and delaying work on some projects to adjust to declines in gold prices.