News

Most actively traded companies on the TSX

TORONTO – Some of the most active companies traded Friday on the Toronto Stock Exchange:

Toronto Stock Exchange (14,789.78, up 29.14 points):

RB Energy Inc. (TSX:RBI). Oil and gas. Down six cents, or 48.00 per cent, to 6.5 cents on 24.7 million shares.

B2Gold Corp. (TSX:BTO). Miner. Down 17 cents, or 7.17 per cent, to $2.20 on 13.4 million shares.

Twin Butte Energy Ltd. (TSX:TBE). Oil and gas. Down two cents, or 1.32 per cent, to $1.50 on 3.8 million shares.

Bankers Petroleum Ltd. (TSX:BNK). Oil and gas. Down 11 cents, or 2.20 per cent, to $4.90 on 3.5 million shares.

Bellatrix Exploration Ltd. (TSX:BXE). Oil and gas. Up 12 cents, or 1.85 per cent, to $6.62 on 3.5 million shares.

Bombardier Inc. (TSX:BBD.B). Aerospace. Down five cents, or 1.34 per cent, to $3.67 on 3.4 million shares.

Companies reporting major news:

BCE Inc. (TSX:BCE). Communication services. Up nine cents, or 0.19 per cent, to $48.27 on 1.1 million shares. The company has received more than 90 per cent of the publicly held common shares of Bell Aliant (TSX:BA)(Communication services. Up six cents, or 0.20 per cent, to $30.78 on 194,871 shares) and will now move to acquire the shares under a $3.95-billion privatization plan announced in July. BCE had already owned 44 per cent of Halifax-based Aliant’s common stock. The Montreal-based parent of Bell Canada says it expects to pay for the tendered Aliant stock on Tuesday.

Iamgold Corp. (TSX:IMG). Miner. Down 12 cents, or 3.95 per cent, to $2.92 on 1.1 million shares. The Toronto-based company announced Friday it is selling its Niobec mine in Quebec and an adjacent property for about US$530 million, which the company plans to use to reduce costs and overcome a sharp decline in the price of gold. Stephen Letwin, Iamgold’s president and chief executive, told analysts in a conference call that proceeds from the Niobec sale will be used primarily on acquisitions or advances at its mines or, less likely, on debt reduction.