Most actively traded companies on the TSX

TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange:

Toronto Stock Exchange (16,404.53, up 139.31 points).

Roxgold Inc. (TSX:ROXG). Materials. Up eight cents, or 6.9 per cent, to $1.24 on 10.4 million shares.

Enbridge Inc. (TSX:ENB). Energy. Up 31 cents, or 0.69 per cent, to $44.93 on 8.7 million shares.

Manulife Financial Corp. (TSX:MFC). Financials. Up 40 cents, or 1.83 per cent, to $22.29 on 8.2 million shares.

NuVista Energy Ltd. (TSX:NVA). Energy. Down 21 cents, or 9.38 per cent, to $2.03 on 7.4 million shares.

B2Gold Corp. (TSX:BTO). Materials. Down 13 cents, or 2.52 per cent, to $5.03 on 7.1 million shares.

IAMGOLD Corp. (TSX:IMG). Materials. Down 78 cents, or 14.55 per cent, to $4.58 on 7.1 million shares.

Companies in the news:

Quebecor Inc. (TSX:QBR.B). Down 17 cents to $30.11. Quebecor Inc. reported significantly improved second-quarter earnings as its discount cellular carrier Fizz Mobile attracted more subscribers. The Montreal-based company’s net income attributable to shareholders was $140.2 million, up from $42 million in the same quarter of 2018 — figures that have been restated to reflect a change in accounting requirements for lease agreements. The company’s Videotron telecommunications segment — which operates wireless and cable services in Quebec — saw revenue growth of 11.9 per cent for mobile phones and 2.6 per cent for internet access.

WSP Global Inc. (TSX:WSP). Up $1.62 or 2.25 per cent to $73.56. WSP Global Inc. says it notched another quarter of double-digit growth in profits and revenues, propelled by recent acquisitions and cost savings. The engineering firm says net earnings rose nearly 32 per cent to $89.2 million in the quarter ended June 29 compared to a similar period in 2018. The Montreal-based company’s revenues rose 14 per cent year over year to $2.31 billion in its second quarter. Revenue gains came largely due to WSP’s $400-million purchase of the New-Jersey-based Louis Berger engineering and design firm, completed in December.

Magna International Inc. (TSX:MG). Up $1.83 or 2.8 per cent to $66.24. Shares in Magna International Inc. rose despite the auto parts maker cutting its sales forecast for the year and reporting lower second-quarter sales and earnings. On an organic basis, sales increased five per cent compared to a six per cent decline in global vehicle production. But the company said total sales including currency translation and divestitures decreased by one per cent to US$10.1 billion. The company, which reports its financial results in U.S. dollars, released a 2019 sales outlook range that’s $200 million lower than previous guidance at between $38.9 billion and $41.1 billion.

Canadian Tire Corp. (TSX:CTC.A). Down $6.83 or 4.77 per cent to $136.30. Canadian Tire Corp. is getting into the party supply business, but so far investors aren’t so thrilled. The company announced it would pay $174.4 million for Party City’s 65 stores across Canada to grow and reach more younger Canadians and families. He said Canadians spend close to $2 billion a year on party supplies, in what remains a fragmented market. Party City, as the largest in the space, makes up under 10 per cent of the market while operators with only a few shops hold more than half the market, the company said.

Cineplex Inc. (TSX:CGX). Up $1.54 or 6.7 per cent to $24.54. The owner of Canada’s largest chain of movie theatres, Cineplex Inc., says its strategic diversification into multiple forms of entertainment helped drive the company’s second- quarter revenue to a record high $439.2 million. Higher per-patron revenue from box office and concessions offset a slight decline in theatre attendance, which the company partly attributes to negative impact from the Toronto Raptors playoff run. Net income fell to $19.4 million from $24.4 million in the comparable period last year.