TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (11,609.30, up 43.15 points):
Ithaca Energy Inc. (TSX:IAE). Oil and gas. Down one dollar, or 35.34 per cent, at $1.83 on 34,944,606 shares. Shareholders sold off stock in the Calgary-based company after a late Monday announcement that its board concluded that continuing takeover talks would result in an offer that didn’t properly reflect its value.
Lundin Mining Corp. (TSX:LUN). Miner. Up 25 cents, or 6.19 per cent, at $4.29 on 5,416,229 shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Down seven cents, or 0.59 per cent, at $11.89 on 5,264,561 shares.
Bombardier Inc. (TSX:BBD.B). Transportation equipment. Up 10 cents, or 2.60 per cent, at $3.95 on 4,960,071 shares. Bombardier CEO, Pierre Beaudoin believes that with some innovation, Ontario can turn around a slump in its manufacturing sector, adding that his company has enough work orders to maintain staffing levels at its plants in the province.
Alexis Minerals Corp. (TSX:AMC). Miner. Up 0.5 cents, or 14.29 per cent, at four cents on 4,711,331 shares.
Osisko Mining Corp. (TSX:OSK). Miner. Up 18 cents, or 2.51 per cent, at $7.36 on 3,712,262 shares.
TSX Venture Exchange (1,309.34, down 15.67points):
Simba Energy Inc. (TSXV:SMB). Oil and gas. Down two cents, or 8.33 per cent, at 22 cents on 8,551,734 shares.
CGX Energy Inc. (TSX:OYL). Oil and gas. Down two cents, or 4.82 per cent, at 39.5 on 6,936,799 shares.
Companies reporting major news:
Research In Motion Ltd. (TSX:RIM). Consumer technology. RIM says it has hired two outside firms to advise on the BlackBerry-maker’s troubled business and financial performance. The Waterloo, Ont.-based company said Tuesday that both J.P. Morgan Securities LLC and RBC Capital Markets have been brought on board as it expects to face an operating loss in the first quarter.
Viterra (TSX:VT). Grain-handler. Down three cents, or 0.19 per cent, at $16 on 2,709,533 shares. Viterra shareholders have voted overwhelmingly in favour of a $6.1-billion takeover of the Canadian agribusiness by a European commodities giant, the company announced Tuesday. It said 99.8 per cent of votes cast by Viterra shareholders were in favour of accepting $16.25 per share in cash from Glencore PLC, a Swiss commodities giant.
Yellow Media Inc. (TSX:YLO). Directory publisher. Unchanged at four cents on 1,424,686 shares. Rating agency DBRS is downgrading directories publisher to CCC from a low B, saying the decline in its print revenues is continuing and is expected to be even more rapid than previously anticipated.