TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (14,119.73 up 42.26 points):
Bombardier Inc. (TSX:BBD.B). Aerospace. Up three cents, or 0.85 per cent, to $3.55 on 8.6 million shares. Bombardier lost its position as the global business jet leader in 2013 for the first time in nearly a decade as rival Gulfstream’s billings were US$1 billion higher, according to the General Aviation Manufacturers Association.
Detour Gold Corp. (TSX:DGC). Miner. Down 49 cents, or 4.94 per cent, to $9.43 on 8.3 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Up $1.45, or 3.7 per cent, to $40.63 on 6.6 million shares. The Calgary-based company will pay $3.125 billion cash to buy conventional oil and gas assets near its core areas in Western Canada in a major land deal with Devon Canada. CNRL will also acquire six natural gas plants and other infrastructure as part of the transaction, which the company says will immediately add to its production, cash flow and earnings.
B2Gold Corp. (TSX:BTO). Miner. Down nine cents, or 2.92 per cent, to $2.99 on 5.9 million shares.
Turquoise Hill Resources Ltd. (TSX:TRQ). Miner. Up 12 cents, or 3.32 per cent, to $3.73 on 5.3 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Up 29 cents, or 1.39 per cent, to $21.08 on 5.3 million shares.
Toronto Venture Exchange (1,005.88 up 3.43 points):
Renegade Petroleum Ltd. (TSXV:RPL). Oil and gas. Up seven cents, or 5.11 per cent, to $1.44 on 14.8 million shares.
Fission Uranium Corp. (TSXV:FCU). Miner. Up eight cents, or 6.72 per cent, to $1.27 on 11.1 million shares.
Companies reporting major news:
Finning International Inc. (TSX:FTT). Caterpillar equipment. Up six cents, or 0.21 per cent, to $28.36 on 279,130 shares. The Vancouver-based company reported after markets closed a 10 per cent decline in fourth-quarter net income, with the world’s largest Caterpillar dealer blaming the reversal largely on higher income taxes.
High Liner Foods Inc. (TSX:HLF). Seafood. Down $2.05, or 4.32 per cent, to $45.45 on 22,334 shares. The share price dropped even as the Nova Scotia-based concern reported a much more profitable year in 2013 as overall sales improved and acquisition-related costs declined.
Osisko Mining Corp. (TSX:OSK). Miner. Down 18 cents, or 2.56 per cent, to $6.84 on 2.8 million shares. Osisko’s chief executive warned that an ongoing battle with Goldcorp over an unsolicited takeover bid was getting in the way of its plans to pay a dividend.
Sherritt International Corp. (TSX:S). Miner. Down 41 cents, or 11.95 per cent, to $3.02 on 4.2 million shares. The Toronto-based company’s stock fell sharply after it reported a $673.8-million net loss and said its dividend will be reduced by 76 per cent so it can use the cash elsewhere.