TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (14,651.87 up 68.76 points):
Bombardier Inc. (TSX:BBD.B). Aerospace. Up 23 cents, or 5.50 per cent, to $4.41 on 11.9 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 15 cents, or 1.79 per cent, to $8.21 on 6.8 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down seven cents, or 2.17 per cent, to $3.15 on 4.6 million shares.
Surge Energy Inc. (TSX:SGY). Oil and gas. Down nine cents, or 1.28 per cent, to $6.93 on 4.1 million shares.
Osisko Mining Corp. (TSX:OSK). Miner. Down nine cents, or 1.13 per cent, to $7.85 on 3.7 million shares.
CGI Group Inc. (TSX:GIB.A). Information technology. Up $1.44, or 3.78 per cent, to $39.52 on 3.5 million shares. CGI beat expectations as its net earnings more than doubled in the second-quarter with strong results in Europe offsetting pressure from its U.S. health-care business. It earned $230.9 million or 73 cents per share. That compared with $114.2 million or 36 cents per share in the prior-year period.
Toronto Venture Exchange (1,001.50 up 1.45 points):
Spartan Energy Corp. (TSXV:SPE). Oil and gas. Down eight cents, or 1.91 per cent, to $4.11 on 5.8 million shares.
POET Technologies Inc. (TSXV:PTK). Technology. Down six cents, or 3.59 per cent, to $1.61 on 5.03 million shares.
Companies reporting major news:
Barrick Gold Corp. (TSX:ABX). Miner. Down 22 cents, or 1.14 per cent, to $19.13 on 3.02 million shares. It posted a steep drop in its first-quarter adjusted net earnings to US$238 million, or 20 cents per share, from US$923 million, or 92 cents per share a year ago due to a decrease in metal prices and lower gold sales volumes. Results beat analyst estimates by a penny. Revenues were US$2.6 billion compared with $3.4 billion for the comparable year-earlier period. Founder Peter Munk bid an emotional farewell at the company’s annual meeting of shareholders.
Loblaw Cos. Ltd. (TSX:L). Grocery chain. Up $1.85, or 4.04 per cent, to $47.65 on 2.04 million shares. The grocer said adjusted net earnings went up by 3.7 per cent to $139 million or 49 cents a share in the first quarter, beating estimates of 46 cents. It also boosted its quarterly dividend about 2.1 per cent to 24.5 cents a share.
Sherritt International Corp. (TSX:S). Miner. Down two cents, or 0.43 per cent, to $4.64 on 947,225 shares. The company, which is embroiled in a fight with a group of dissident shareholders, said it lost $48.2 million in its latest quarter. Results were affected by higher financing costs related to foreign exchange losses as a result of a lower Canadian dollar and costs related to the start of commercial production at its Ambatovy project in Madagascar.