TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (15,209.79, up 63.78 points):
Centerra Gold Inc. (TSX:CG). Miner. Down 43 cents, or 6.39 per cent, to $6.30 on 6.3 million shares.
Lundin Mining Corp. (TSX:LUN). Miner. Up 22 cents, or 3.75 per cent, to $6.09 on 4.9 million shares.
Capstone Mining Corp. (TSX:CS). Miner. Up 29 cents, or 11.28 per cent, to $2.86 on 4.1 million shares.
BlackBerry Ltd. (TSX:BB). Communication equipment. Up 45 cents, or 4.11 per cent, to $11.39 on 3.8 million shares. The company’s stock has surged lately, up about 40 per cent in the past month amid strong quarterly financial results and enthusiasm over its new BlackBerry’s Passport —somewhere between a smartphone and a tablet in size — that is scheduled to launch in Europe this September.
Teck Resources Ltd. (TSX:TCK.B). Miner. Up $1.04, or 4.27 per cent, to $25.40 on 3.4 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down three cents, or 0.96 per cent, to $3.08 on 3.3 million shares.
Toronto Venture Exchange (1,036.07, up 7.66 points):
Galway Gold Inc. (TSXV:GLW). Miner. Unchanged at five cents on 3.1 million shares.
Keek Inc. (TSXV:KEK). Online media. Down 1.5 cents, or 8.11 per cent, to 17 cents on 2.8 million shares.
Companies reporting major news:
CAE Inc. (TSX:CAE). Up 16 cents, or 1.15 per cent, to $14.12 on 1.4 million shares. The Montreal-based flight training and simulator company says it has signed $110 million worth of contracts with several international defence customers, including the German and New Zealand air forces.
Canadian Pacific Railway Ltd. (TSX:CP). Transportation. Up 10 cents, or 0.05 per cent, to $193.41 on 932,432 shares. The carrier was upgraded by equities research analysts at CIBC from a “sector perform” to an “outperform” rating. Earlier this week, analysts at Barclays raised their price target on shares of Canadian Pacific Railway Ltd. from US$168 to US$196. The shares rose $1.19 to US$181.39 in New York.
Cascades Inc. (TSX:CAS). Forest products. Down 10 cents, or 1.51 per cent, to $6.51 on 78,428 shares. The packaging company has sold its fine papers division to Rolland Enterprises Inc., a subsidiary of H.I.G. Capital, for $39.5 million. Cascades said the sale includes its fine papers and security papers plant and its CTC Converting Centre, a fine papers processing and distribution plant, in Saint-Jerome, Que.
Labrador Iron Mines Holdings Ltd. (TSX:LIM). Miner. Down one cent, or 9.52 per cent, to 9.5 cents on 783,582 shares. The company, citing low metal prices, announced the suspension of all operations at its mines for the year, saying 2014 would be a “development year” as it concentrates on its Houston mine, near Schefferville in northern Quebec. The project is slated to begin production in April 2015, pending the completion of $20 million of financing.