TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (18,986.49, down 60.25 points):
Enbridge Inc. (TSX:ENB). Energy. Up 16 cents, or 0.36 per cent, to $44.14 on 13.4 million shares.
Canopy Growth Corp. (TSX:WEED). Health care. Up 16 cents, or 22.54 per cent, to 87 cents on 12.3 million shares.
Hut 8 Mining Corp. (TSX:HUT). Finance. Up 29 cents, or 10.14 per cent, to $3.15 on 8.7 million shares.
TC Energy Corp. (TSX:TRP). Energy. Up 14 cents, or 0.30 per cent, to $46.73 on 7.9 million shares.
Toronto-Dominion Bank. (TSX:TD). Finance. Down $1.72, or 2.19 per cent, to $76.83 on 7.4 million shares.
Manulife Financial Corp. (TSX:MFC). Finance. Down seven cents, or 0.29 per cent, to $23.90 on 5.8 million shares.
Companies in the news:
Teck Resources Ltd. (TSX:TECK.B). Mining. Down $4.74, or 8.91 per cent, to $48.49. The head of Teck Resources Ltd. said he will only accept a bid for the company's steelmaking coal business if he feels confident Canadian regulators will approve the transaction. Jonathan Price, CEO of Canada's largest diversified mining company, said the Vancouver-based company continues to evaluate offers put forward by prospective buyers of its coal business with the hope of making a decision before the end of the year. Teck said it earned a profit attributable to shareholders of $276 million or 52 cents per diluted share for the quarter ended Sept. 30 compared with a loss of $195 million or 37 cents per share a year earlier. It also lowered its annual production guidance on copper, molybdenum and steelmaking coal.
CAE Inc. (TSX:CAE). Industrials. Up 57 cents, or 2.0 per cent, to $29.10. CAE Inc. has signed a deal to sell its health-care business to U.S. company Madison Industries for $311 million. CAE chief executive Marc Parent said the decision better positions the company to secure the many attractive growth opportunities on the horizon in its much larger, core simulation and training markets. While CAE is best known for its flight simulators, the health-care business is focused on training for medical professionals, including patient simulators.
This report by The Canadian Press was first published Oct. 24, 2023.
The Canadian Press