TORONTO – Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,882.50, up 39.40 points):
ProMetic Life Sciences Inc. (TSX:PLI). Biotechnology. Up 14 cents, or 7.22 per cent, to $2.08 on 8.9 million shares.
Potash Corporation of Saskatchewan Inc. (TSX:POT). Fertilizer. Up 18 cents, or 0.47 per cent, to $38.17 on 7.9 million shares.
B2Gold Corp. (TSX:BTO). Miner. Up five cents, or 2.59 per cent, to $1.98 on 6.4 million shares.
Teck Resources Ltd. (TSX:TCK.B). Miner. Up 18 cents, or 0.99 per cent, to $18.28 on 4.2 million shares.
Suncor Energy Inc. (TSX:SU). Oil and gas. Down 38 cents, or 0.96 per cent, to $39.19 on 3.8 million shares.
Mandalay Resources Corp. (TSX:MND). Miner. Down three cents, or 3.49 per cent, to 83 cents on 3.8 million shares.
Companies reporting major news:
Valeant Pharmaceuticals (TSX:VRX). Drug manufacturer. Up $2.93, or 1.93 per cent, to $154.40 on 800,150 shares. American Botox maker Allergan reached a friendly deal to be acquired by Irish drug company Actavis in a deal valued at US$66 billion, which trumps a hostile offer by the Quebec-based company. Valeant’s most recent bid was valued at US$53 billion and the company said Monday it couldn’t justify matching the Actavis offer.
Osisko Gold Royalties Ltd. (TSX:OR). Miner. Down 56 cents, or 3.63 per cent, to $14.86 on 441,055 shares. The company announced an all-stock deal to take over Virginia Mines Inc. (TSX:VGQ) in a friendly deal that values Virginia at about $479 million, some 41 per cent above its closing stock price on Friday. The transaction will see the two companies combine their businesses to create a royalty company with revenue from two Quebec operating gold mines.