Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (11,618.53 down 46.18points):
Kinross Gold Corp. (TSX:K). Miner. Down 37 cents, or 4.42 per cent, at $8.01 on 8,651,818 shares. The gold sector was one of the decliners on the main index, dropping 0.82 per cent. The price ofbullion closed US$6.80 to $1,603.70 an ounce at the New York Mercantile Exchange.
Pengrowth Energy Corp. (TSX:PGF). Oil and gas. Up five cents, or 0.78 per cent, at $6.44 on 5,774,999 shares. The energy sector was one of the advancers, as it climbed 0.43 per cent. Oil closed 85 cents higher to US$88.91 per barrel.
Talisman Energy (TSX:TLM). Oil and gas. Up 91 cents, or 7.34 per cent, at $13.31 on 5,206,023 shares. The Calgary-based company’s second-quarter profit fell sharply to US$196 million from $698 million while revenue dropped to $1.87 billion from $2.23 billion. Talisman said the drop was due to weaker commodity prices and higher operating costs.
Yamana Gold Inc. (TSX:YRI). Miner. Down nine cents, or 0.61 per cent, at $14.78 on 5,135,849 shares.
Goldcorp. Inc. (TSX:G). Miner. Down 46 cents, or 1.27 per cent, at $35.74 on 4,877,112 shares.
Barrick Gold Corp. (TSX:ABX). Miner. Down 33 cents, or one per cent, at $32.68 on 4,461,037 shares.
TSX Venture Exchange (1,189.33 up 6.25 points):
Enablence Technologies Inc. (TSXV:ENA). Telecom equipment. Up half a cent, or 100 per cent, at a penny on 51,355,594 shares.
ShaMaran Petroleum Corp. (TSXV:SNM). Oil and gas. Up half a cent, or 2.50 per cent, at 20.5 cents on 9,877,373 shares.
Companies reporting major news:
Maple Leaf Foods Inc. (TSX:MFI). Food processor. Up 72 cents, or 7.20 per cent, at $10.72 on 432,535 shares. The company reported net income of $32.5 million in the second quarter, up 32 per cent from $24.6 million in the second quarter of 2011. Total sales from Maple Leaf’s four business groups edged up to $1.26 billion from $1.24 billion.
Torstar Corp. (TSX:TS.B). Publisher. Down 50 cents, or 5.49 per cent, at $8.60 on 99,216 shares. The media company said a slightly improved operating profit at its Harlequin book-publishing division in the second quarter partially offset a decline at its media division. Torstar earned $35.7 million or 45 cents per share, from $112.7 million or $1.42 per share a year earlier, though that included $74.6 million or 94 cents per share from the sale of Torstar’s investment in CTV Inc.
WestJet Airlines Ltd. (TSX:WJA). Airliner. Down 59 cents, or 3.56 per cent, at $15.99 on 360,007 shares. The company says it will hike its quarterly dividend to shareholders by 33 per cent and will be offering passengers more leg room for a new class of premium seating. The Calgary-based airline said its second-quarter profits hit a record $42.5 million or 31 cents per share, up from $25.6 million or 18 cents per share. Revenue was up 12.2 per cent to $809.3 million.
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.