TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,191.05 down 39.54 points):
Kinross Gold Corp. (TSX:K). Miner. Up 82 cents, or 8.78 per cent, at $10.16 on 10,167,488 shares. The Toronto-based miner’s stock jumped a day after posting a third-quarter profit of US$224.9 million or 20 cents per share, up from $212.6 million or 19 cents per share a year ago. Revenue totalled $1.11 billion versus $1.04 billion last year.
Bombardier (TSX:BBD.B). Transportation equipment. Down eight cents, or 2.32 per cent, at $3.37 on 10,098,102 shares. The train and plane maker posted higher third-quarter profits Wednesday despite a slight dip in revenue. Bombardier also pushed back the first flight of its new CSeries aircraft by six months and will let go of 1,200 railway employees will be next year.
Manulife Financial Corp. (TSX:MFC). Insurer. Down 18 cents, or 1.50 per cent, at $11.82 on 8,451,791 shares. The insurer booked a third-quarter net loss of $227 million due to accounting items, charges and goodwill writeoff. That compared with a net loss of $1.277 billion a year ago.
Uranium One. (TSX:UUU). Miner. Down three cents, or 1.50 per cent, on 8,180,071 shares. The metals and mining sector dropped 1.22 per cent to 956.85 points.
Canadian Natural Resources Ltd. (TSX:CNQ). Down 93 cents, or 3.21 per cent, at $28.02 on 5,514,917 shares. The oil and gas company and North West Upgrading Inc. have formally decided to go ahead with building a new bitumen refinery in Alberta’s Industrial Heartland. The $5.7-billion first phase of the Sturgeon Refinery is expected take three years to build.
Talisma Energy Inc. (TSX:TLM). Oil and gas. Up 22 cents, or 2.07 per cent, at $10.84 on 5,209,454 shares. The energy sector dropped 1.15 per cent to 249.17 points.
TSX Venture Exchange (1,298.68 up 7.97 points):
Goldrush Resources Ltd. (TSXV:GOD). Mine exploration. Down a penny, or 20 per cent, at four cents on 12,705,595 shares.
Andina Minerals Inc. (TSXV:ADM). Mine exploration. Up 38 cents, or 95 per cent, at 78 cents on 11,512,340 shares. The Toronto-based company has agreed to a friendly takeover offer by Hoschschild Mining PLC.
Companies reporting major news:
Air Canada (TSX:AC.B). Airline. Up two cents, or 1.06 per cent, at $1.91 on 4,149,488 shares. The Montreal-based company earned $429 million, or $1.54 per diluted share in the third quarter, a significant improvement from a net loss of $124 million, or 45 cents per diluted share a year ago. Revenues increased 2.6 per cent to $3.3 billion as passenger revenues grew.
Magna International Inc. (TSX:MG). Auto parts. Up 26 cents, or 0.58 per cent, at $44.71 on 1,165,172 shares. Founder Frank Stronach resigned from the board of Magna as he focuses on his newly formed political party in his native Austria. Magna’s profit nearly quadrupled to US$390 million, or $1.66 per diluted share in the July-September period, up from year-earlier $102 million or 42 cents a share. Sales totalled US$7.41 billion, up from $6.97 billion.
Tim Hortons (TSX:THI). Fast food chain. Down $2.48, or 5.01 per cent, at $47.03 on 1,585,678 shares. The coffee, doughnut and fast food chain said third-quarter net income attributable to shareholders was $105.7 million or 68 cents per diluted share, an increase from a year ago, though transactions at its stores were lower.