TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,790.40, up 6.11 points).
NextSource Materials Inc. (TSX:NEXT). Materials. Down 2.5 cents, or 45.45 per cent, to three cents on 18.2 million shares.
The Bank of Nova Scotia (TSX:BNS). Financials. Up 47 cents, or 0.62 per cent, to $76.14 on 7.5 million shares.
B2Gold Corp. (TSX:BTO). Materials. Down 15 cents, or 3.25 per cent, to $4.46 on 6.4 million shares.
Baytex Energy Corp. (TSX:BTE). Energy. Down 10 cents, or 4.5 per cent, to $2.12 on 5.9 million shares.
First Quantum Minerals Ltd. (TSX:FM). Materials. Down $1.22, or 10.53 per cent, to $10.37 on 5.3 million shares.
TC Energy Corp. (TSX:TRP). Energy. Up 55 cents, or 0.8 per cent, to $69.40 on 5.3 million shares.
Companies in the news:
Canopy Growth Corp. (TSX:WEED). Up 16 cents to $32.85. Canopy Growth Corp. heads the Toronto Stock Exchange’s inaugural list of top 30 performing stocks over the past three years. The list based on dividend-adjusted share price appreciation features newer and established listed firms from 583 eligible Canadian companies. Canopy’s shares have appreciated by 1,823 per cent as of June 30, more than double the second-place finisher Shopify Inc. at 883 per cent. The TMX Group said the TSX30 will be an annual recognition program similar to the Venture50 that has been running for almost 15 years.
Rogers Communications Inc. (TSX:RCI.B). Up two cents to $66.23. Rogers Communications is opening a new customer call centre in Kelowna, B.C., that the company says will create 350 jobs. The centre is scheduled to open next summer and Rogers says it is expected to handle about one million interactions with Rogers and Fido customers a year. The company says in a news release it will open the centre in the city’s Landmark District and it will begin hiring next spring. Rogers says it expects the call centre to grow to 500 employees over time.
Air Canada (TSX:AC). Up one cent to $43.14. Air Canada is better prepared for a potential recession than it was for the financial crisis a decade ago, which plunged the company into five consecutive years of losses, says its second in command. Deputy CEO and chief financial officer Mike Rousseau said he is “highly confident” that a recession “of equal severity” would weigh far more lightly on the balance sheet of the country’s biggest airline. He cited more debt-free airplanes, greater flexibility in Air Canada’s labour contracts, its recent purchase of Aeroplan and its low-cost Rouge subsidiary as key differences.
This report by The Canadian Press was first published Sept. 26, 2019.
The Canadian Press