TORONTO – Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (14,212.74 up 3.15 points):
Osisko Mining Corp. (TSX:OSK). Miner. Up 45 cents, or 6.38 per cent, to $7.50 on 10.9 million shares. The Montreal-based company said Monday it has settled a lawsuit it filed against Goldcorp Inc. as part of the company’s fight against a hostile takeover by the senior gold miner. Under the settlement, the offer from Vancouver-based Goldcorp has been extended until April 15 from March 10 while Osisko continues its search for an alternative bid.
Kinross Gold Corp. (TSX:K). Miner. Down three cents, or 0.52 per cent, to $5.75 on 5.2 million shares.
Belo Sun Mining Corp. (TSX:BSX). Miner. Up 1.5 cents, or 3.45 per cent, to 45 cents on 4.8 million shares.
BlackBerry Ltd. (TSX:BB). Communication equipment. Up 44 cents, or 3.98 per cent, to $11.49 on 4.6 million shares.
Goldcorp Inc. (TSX:G). Miner. Up 55 cents, or 1.85 per cent, to $30.32 on 4.6 million shares.
Orbite Aluminae Inc. (TSX:ORT). Miner. Up four cents, or 10.81 per cent, to 41 cents on 3.9 million shares.
Toronto Venture Exchange (1,018.10 down 7.26 points):
ArPetrol Ltd. (TSXV:RPT). Oil and gas. Down 0.5 cents, or 50 per cent, to 0.5 cents on 7.9 million shares.
Border Petroleum Corp. (TSXV:BOR). Oil and gas. Unchanged at 0.5 cents on 7.6 million shares.
Companies reporting major news:
Magna International Inc. (TSX:MG). Auto parts, assembly. Up $5.18, or 5.26 per cent, to $103.75 on 969,495 shares. The Canadian auto parts giant posted results that beat analyst estimates while also raising its quarterly dividend 19 per cent to 38 cents US per share.
Pengrowth Energy Corp. (TSX:PGF). Oil and gas. Down 45 cents, or 6.03 per cent, to $7.01 on 2.2 million shares. The company reported a net loss of $91.1 million or 17 cents per share for the fourth quarter. Its adjusted loss was $37.3 million for the quarter and $184 million for the year, mostly because of non-cash losses related to asset sales and risk management.
Vermilion Energy Inc. (TSX:VET). Oil and gas. Up $1.37, or 2.19 per cent, to $63.87 on 230,068 shares. The company, active in Europe, posted a 78 per cent jump in quarterly profits thanks to higher output and stronger commodity prices, among other factors. CEO Lorenzo Donadeo said he has a “bullish” view of the European gas market due to a number of factors, including tensions over the political crisis in Ukraine that could put upward pressure on natural gas prices on the Continent.