TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,359.47 down 31.76 points):
Torex Gold Resources Inc. (TSX:TXG). Miner. Down four cents, or 2.06 per cent, at $1.90 on 7,542,004 shares. The stock has been trading heavily for the second day in a row. Torex released a technical report for its Morelos Gold project in Mexico earlier in the week.
Sulliden Gold Corp. Ltd. (TSX:SUE). Gold exploration. Down 16 cents, or 14.68 per cent, at 93 cents on 6,613,850 shares.
Kinross Gold Corp. (TSX:K). Miner. Down five cents, or 0.48 per cent, at $10.31 on 4,773,782 shares. The gold sector was one of the of the biggest decliners on the main TSX index, dropping 0.96 per cent to 345.91 points.
Talison Lithium Ltd. (TSX:TLH). Miner. Up four cents, or 0.62 per cent, at $6.50 on 4,710,576 shares. The metals and mining sector rose 1.06 per cent to 903.83 points.
Capstone Mining Corp. (TSX:CS). Miner. Up two cents, or 0.80 per cent, at $2.51 on 4,707,342 shares.
Progress Energy Resources Corp. (TSX:PRQ). Oil and gas. Down five cents, or 0.23 per cent at $21.88 on 3,898,108 shares. The energy sector lost 1.08 per cent to 261.18 points, as crude price dropped at a level not seen since early August. The November contract plunged US$3.75 per cent to $88.14 per barrel.
TSX Venture Exchange (1,325.22 down 6.56 points):
Pinecrest Energy Inc. (TSXV:PRY). Oil and gas. Down eight cents, or 4.73 per cent, at $1.61 on 9,969,761 shares.
Route1 Inc. (TSX:ROI). Security and technology. Unchanged at four cents on 4,296,750 shares.
Companies reporting major news:
Argent Energy Trust (TSX:AET.UN). Up 10 cents, or 0.95 per cent, at $10.59 on 92,836 shares. The Calgary-based company is buying a group of producing properties in Texas and Oklahoma for US$132.5 million. The properties have total estimated gross reserves of approximately 3.9 million barrels of oil equivalent on a proved basis.
Quebecor Inc. (TSX:QBR.B). Media. Down 42 cents, or 1.26 per cent, at $33 on 339,654 shares. The Montreal-based company is buying back 30.5 million shares in its operating arm from the Caisse de depot et placement du Quebec, in a transaction valued at $1.5 billion. The Caisse’s interest in Quebecor Media Inc. is being reduced to 24.6 per cent from 45.3 per cent.
Thompson Creek Metals (TSX:TCM). Miner. Down two cents, or 0.76 per cent, at $2.61 on 1,769,774 shares. The diversified miner announced it is expected to save more than $100 million at its molybdenum mine in Idaho by cutting jobs and suspending stripping activity.