TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,564.49, up 110.17):
Copper Mountain Mining Corp. (TSX:CMMC). Materials. Up 41 cents, or 18.14 per cent, to $2.67 on 10.8 million shares.
Toronto-Dominion Bank (TSX:TD). Financials. Up 37 cents, or 0.46 per cent, to $80.87 on 8.1 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Down 44 cents, or 1.81 per cent, to $23.82 on 7.7 million shares.
Hut 8 Mining Corp. (TSX:HUT). Financials. Up 33 cents, or 12.74 per cent, to $2.92 on 7.3 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $1.65, or 2.06 per cent, to $81.92 on seven million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 30 cents, or 0.68 per cent, to $43.53 on 6.9 million shares.
Companies in the news:
Teck Resources Ltd. (TSX:TECK.B). Materials. Up $1.56, or 2.70 per cent, to $59.38. Teck Resources Ltd.'s board of directors has rejected the latest takeover offer from Swiss company Glencore as it updates the terms of its own restructuring proposal. The Canadian mining company said Thursday the revised offer from the mining giant is not in the best interest of shareholders. Teck said its board and management team remain committed to its plan announced in February to split up its metal and steelmaking coal businesses into two companies, Teck Metals and Elk Valley Resources.
Hudbay Minerals Inc. (TSX:HBM). Materials. Up 17 cents, or 2.43 per cent, to $7.17; and Copper Mountain Mining Corp. Hudbay Minerals Inc. said it has struck a deal to buy Copper Mountain Mining Corp. in an all-stock deal valued at US$439 million. The companies said the combination will create an Americas-focused copper mining company with an operating portfolio of three long-life mines, as well as a pipeline of copper expansion and development projects.
Corus Entertainment Inc. (TSX:CJR.B). Down 11 cents, or 6.55 per cent, to $1.57. Corus Entertainment Inc., the parent company of Global Television, reported a loss in its latest quarter compared with a profit a year ago, as its revenue fell five per cent. The television and radio broadcaster said its loss attributable to shareholders was $15.5 million or eight cents per diluted share for the quarter ended Feb. 28 compared with a profit of $16.2 million or eight cents per diluted share a year earlier.
This report by The Canadian Press was first published April 13,2023.
The Canadian Press
