Most actively traded companies on the Toronto Stock Exchange

·3 min read

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:

Toronto Stock Exchange (17,682.51, up 154.74 points.)

Cenovus Energy Inc. (TSX:CVE). Energy. Up 48 cents, or 6.07 per cent, to $8.39 on 32.8 million shares.

Baytex Energy Corp. (TSX:BTE). Energy. Up 12 cents, or 16.22 per cent, to 86 cents on 20.5 million shares.

Toronto-Dominion Bank. (TSX:TD). Financials. Up 37 cents, or 0.51 per cent, to $72.31 on 19.2 million shares.

Husky Energy Inc. (TSX:HSE). Energy. Up 33 cents, or 5.13 per cent, to $6.76 on 15.7 million shares.

Suncor Energy Inc. (TSX:SU). Energy. Up $1.74, or 8.13 per cent, to $23.13 on 9.4 million shares.

Bank of Nova Scotia. (TSX:BNS). Financials. Up 21 cents, or 0.31 per cent, to $67.93 on 8.3 million shares.

Companies in the news:

Cenovus Energy Inc. — The new operator of the White Rose offshore oilfield says no final decision has been made about its future despite a move by partner Suncor Energy Inc. to take a $425-million impairment charge on the value of its stake. In a news release late Monday, Suncor said the purchase of operator Husky Energy Inc. by Calgary rival Cenovus Energy Inc. has cast doubt on the future of the East Coast project and its partly built $2.2-billion West White Rose extension. Cenovus announced the close of its all-stock friendly takeover of Husky Energy earlier on Monday.

TMAC Resources Inc. (TSX:TMR). Up 62 cents or 39.5 per cent to $2.19. The chief executive of Nunavut gold miner TMAC Resources Inc. says Ottawa's decision on Dec. 21 to block its sale to a Chinese company ruined his Christmas break, but turned out to be a blessing in disguise. On Tuesday, TMAC announced a deal to be sold to Canadian gold miner Agnico Eagle Mines Ltd. for $286.6 million, a nearly 26 per cent jump over the $230 million offered by China's Shandong Gold Mining Co. Ltd. TMAC shares jumped to match Agnico Eagle's offer of $2.20 per share, while Agnico shares dropped as much as 3.3 per cent or $3.22 to $92.99.

Spin Master Corp. (TSX:TOY). Up 13 cents to $27.89. Canadian toymaker Spin Master Corp. has solved the Rubik's Cube, completing a US$50-million acquisition of the legendary multicoloured cube. The Toronto-based company, which includes Paw Patrol, Hatchimals and Gund among its brands, announced its plan to purchase Rubik's Brand Ltd. last fall. Spin Master said Tuesday it will continue the 3D puzzle's legacy, with plans for further innovation across the entire Rubik's portfolio and expanded distribution through the company's global footprint. The company has acquired 22 toy brands since its launch in 1994, with 12 of those scooped up since its initial public offering in 2015.

This report by The Canadian Press was first published Jan. 5, 2021.

The Canadian Press