TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,657.53, up 32.79):
TC Energy Corp. (TSX:TRP). Energy. Up 18 cents, or 0.34 per cent, to $52.62 on 20 million shares.
Canadian Imperial Bank of Commerce (TSX:CM). Financials. Down 30 cents, or 0.53 per cent, to $55.99 on 8.1 million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Down five cents, or 0.55 per cent, to $9.01 on 7.4 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Up 16 cents, or 0.63 per cent, to $25.42 on 7.1 million shares.
Toronto-Dominion Bank (TSX:TD). Financials. Up 72 cents, or 0.91 per cent, to $79.86 on 5.6 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Up five cents, or 1.59 per cent, to $3.19 on 5.1 million shares.
Companies in the news:
Crescent Point Energy Corp. — Crescent Point Energy Corp. has reached a deal to buy Spartan Delta Corp.'s Montney oilfield assets in Alberta for $1.7 billion, a deal that will see the Calgary-based company significantly grow its presence in what is one of North America's largest unconventional petroleum plays. The all-cash deal announced Tuesday will see Crescent Point acquire 600 drilling locations in the Montney region, adding 38,000 barrels of oil equivalent per day to the company's production capacity.
Canadian Tire Corp. (TSX:CTC.A). Down $1.92, or 1.13 per cent, to $168.64. Operations at one of Canadian Tire Corp.'s largest distribution centres remain suspended after a fire earlier this month. Canadian Tire said all employees were safely evacuated from the Brampton, Ont., distribution centre after a fire broke out on March 15. The company said the warehouse services Canadian Tire stores nationally and inventory is being transferred to other distribution centres as well as temporary facilities to help manage the flow of products.
Magnet Forensics Inc. (TSX:MAGT). Unchanged, at $44.19. Magnet Forensics Inc. said a court has granted it a final order allowing Thoma Bravo's $1.8-billion takeover of the cybersecurity company to move forward. Waterloo, Ont.-based Magnet said the Ontario Superior Court of Justice’s approval means the deal is now expected to close around April 6. The court approval comes despite shareholder Nellore Capital Management LLC disagreeing with Thoma Bravo’s valuation of Magnet and threatening court action if better terms could not be reached.
This report by The Canadian Press was first published March 28, 2023.
The Canadian Press
