TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,585.05 up 120.94 points):
Bombardier Inc. (TSX: BBD.B). Transportation equipment. Down two cents, or 0.47 per cent, at $4.23 on 10.24 million shares.
Kinross Gold Corp. (TSX:K). Miner. Up 33 cents, or 6.25 per cent, at $5.61 on 8.72 million shares. The miner booked a 50 per cent increase in its first-quarter profit Tuesday helped by a rise in production and a drop in expenses.
Iamgold Corp. (TSX:IMG). Miner. Up 64 cents, or 11.87 per cent at $6.03 on 6.95 million shares. The Toronto-based gold miner posted weaker first-quarter results Tuesday citing lower spot gold prices.
Capstone Mining Corp. (TSX:CS). Miner. Up six cents, or 2.74 per cent at $2.25 on 5.49 million shares.
Barrick Gold Corp. (TSX:ABX). Miner. Up $1.70 , or 8.59 per cent, at $21.50 on 5.22 million shares. The gold sector was the leading advancer among the 13 subgroups on the main index, buoyed by the bullion price which closed at its highest in nearly a month. The June contract on the New York Mercantile Exchange rose US$24.90 to $1,473.70 an ounce.
Suncor Energy Inc. (TSX:SU). Oil and gas. Up 65 cents, or 2.07 per cent, at $32.10 on 4.90 million shares. The energy sector was up 0.58 per cent to 245.57 points as the price of crude oil closed at a five-week high of $96.62 a barrel, up $1.
Toronto Venture Exchange (969.32 up 7.90 points):
Ashburton Ventures Inc. (TSXV:ABR). Mine explorer. Up half a cent, or 9.09 per cent, at six cents on 4.28 million shares.
Western Plains Petroleum Ltd. (TSXV:WPP). Oil and gas. Unchanged at half a cent on 3.14 million shares.
Companies reporting major news:
Enbridge (TSX:ENB). Oil and gas. Up five cents, or 0.11 per cent, at $47.60 on 1.30 million shares. Calgary-based Enbridge reported higher first-quarter adjusted earnings that beat expectations. Profits were $488 million or 62 cents per share versus $373 million or 49 cents per share generated in the same period a year earlier. Revenue totalled $8.02 billion, up from $6.63 billion.
Tim Hortons Inc. (TSX:THI). Coffee and doughnut chain. Down $1.51, or 2.58 per cent, at $57.13 on 2.15 million shares. The iconic coffee and doughnut chain posted net income attributable to stockholders of $86.2 million or 56 cents per share in the first quarter, down 2.9 per cent from year-earlier figures. Revenue advanced 1.4 per cent to $731.5 million. At its annual meeting, the company announced Marc Caira will be its new president and CEO, effective July 2.
Torstar Corp. (TSX:TS.B). Book and newspaper publisher. Down 26 cents, or 3.95 per cent, at $6.33 on 128,653 shares. Publisher John Cruickshank hopes paywall will help revive the company`s revenue after posting lower first-quarter profit. Net income attributable to equity shareholders tumbled to $4.2 million or five cents per share versus $17.5 million or 22 cents per share, in the same 2012 period. Total segmented revenue was $332.4 million, down from $350.8 million.