TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,525.45, up 72.19):
Suncor Energy Inc. (TSX:SU). Energy. Down $1.06, or 2.40 per cent, to $43.17 on 11.9 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Up $1.06, or 4.83 per cent, to $23.01 on 9.1 million shares.
Canadian Imperial Bank of Commerce (TSX:CM). Financials. Down $4.98, or 7.69 per cent, to $59.81 on 7.2 million shares.
Mawson Gold Ltd. (TSX:MAW). Materials. Up 2.5 cents, or 16.13 per cent, to $5.91 on seven million shares.
Kinross Gold Corp. (TSX:K). Materials. Up 35 cents, or 6.30 per cent, to $5.91 on 6.4 million shares.
Argonaut Gold Inc. (TSX:AR). Materials. Up 3.5 cents, or 9.21 per cent, to 41.5 cents on six million shares.
Companies in the news:
Canadian Imperial Bank of Commerce — CIBC reported its fourth-quarter profit fell to $1.19 billion compared with $1.44 billion in the same quarter last year as its provisions for credit losses climbed higher. The bank also raised its quarterly dividend to shareholders by two cents to 85 cents per share. The increased payment to shareholders came as CIBC said it earned $1.26 per diluted share for the quarter ended Oct. 31, down from $1.54 per diluted share in the same quarter last year. Revenue totalled $5.39 billion for the quarter compared with $5.06 billion a year ago.
Bank of Montreal (TSX:BMO). Up $1.62, or 1.23 per cent, to $133. BMO Financial Group raised its dividend as it reported fourth-quarter net income of $4.48 billion, up from $2.16 billion in the same quarter last year, boosted by a one-time gain related to its purchase of Bank of the West. The bank said it increased its quarterly dividend by four cents to $1.43 per share. The change came as BMO said its profit amounted to $6.51 per diluted share for the quarter ended Oct. 31, up from $3.23 per diluted share a year ago. Revenue totalled $10.57 billion for the quarter, up from $6.57 billion in the same quarter last year.
Toronto-Dominion Bank (TSX:TD). Up $2.31, or 2.58 per cent, to $91.84. TD Bank Group reported a fourth-quarter profit of $6.67 billion, up from $3.78 billion in the same quarter last year, boosted by a one-time gain related to its deal to buy U.S.-based First Horizon Bank and the sale of Schwab shares. The bank said the profit amounted to $3.62 per diluted share for the quarter ended Oct. 31, up from $2.04 per diluted share a year earlier. Revenue totalled $15.56 billion, up from $10.94 billion a year ago.
Royal Bank of Canada (TSX:RY). Up 89 cents, or 0.67 per cent, to $134.67. Royal Bank of Canada said Jacynthe Côté will be appointed as chair of the bank's board of directors next year. The bank said Côté will take over the role effective upon her re-election as an independent director at RBC's annual meeting on April 5, 2023. Kathleen Taylor, who has served as chair since 2014, will retire.
This report by The Canadian Press was first published Dec. 1, 2022.
The Canadian Press
