TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,720.39, up 15.60):
Enbridge Inc. (TSX:ENB). Energy. Down 17 cents, or 0.32 per cent, to $52.89 on 19.7 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up 17 cents, or 0.37 per cent, to $46.55 on 16.4 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up two cents, or 0.08 per cent, to $26.13 on 15.4 million shares.
Hut 8 Mining Corp. (TSX:HUT). Financials. Up 36 cents, or 15.13 per cent, to $2.74 on 7.2 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down 78 cents, or 3.28 per cent, to $23.00 on 6.4 million shares.
Tamarack Valley Energy Ltd. (TSX:TVE). Energy. Down 23 cents, or 4.95 per cent, to $4.42 on 6.1 million shares.
Companies in the news:
Suncor Energy Inc. — Suncor Energy Inc. did not announce the name of its new CEO on its fourth-quarter earnings call Wednesday, though interim chief executive Kris Smith said a decision is expected "very soon." The Calgary-based oil producer and refiner has been on the hunt for a new CEO ever since former chief executive Mark Little resigned last July, under pressure from an aggressive activist investor and in the wake of a spate of workplace deaths and safety incidents. Smith, who was formerly executive vice-president of Suncor's Downstream division, has been serving as interim CEO since that time. Suncor had previously indicated a permanent CEO would be named by mid-February, and Smith told analysts on a conference call Wednesday that a decision is imminent.
Barrick Gold Corp. — Barrick Gold Corp. reported a US$735-million loss in its fourth quarter compared with a profit of US$726 million in the same quarter a year earlier. The gold miner, which reports its results in U.S. dollars, says the loss amounted to 42 cents per diluted share for the quarter ended Dec. 31 compared with a profit of 41 cents per diluted share in the last three months of 2021. Revenue in the quarter totalled US$2.77 billion, down from US$3.31 billion a year earlier. On an adjusted basis, Barrick said it earned 13 cents per share in its latest quarter, down from an adjusted profit of 35 cents per share in the fourth quarter of 2021.
This report by The Canadian Press was first published Feb. 15,2023.
The Canadian Press
