TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,277.64, up 206.87):
Hut 8 Mining Corp. (TSX:HUT). Finance. Up 89 cents, or 17.98 per cent, to $5.84 on 10.6 million shares.
Canopy Growth Corp. (TSX:WEED). Healthcare. Up 11 cents, or 14.87 per cent, to 85 cents on 8.8 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 68 cents, or 0.89 per cent, to $76.86 on 7.6 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 36 cents, or 0.74 per cent, to $48.95 on 7.4 million shares.
Toronto-Dominion Bank. (TSX:TD). Finance. Up $1.18, or 1.44 per cent, to $83.25 on 6.8 million shares.
TC Energy Corp. (TSX:TRP). Energy. Up 59 cents, or 1.14 per cent, to $52.22 on 6.6 million shares.
Companies in the news:
Canadian National Railway Co. (TSX:CNR). Transportation. Up $1.23, or 0.80 per cent, to $155.51; and Canadian Pacific Kansas City Ltd. (TSX:CP). Transportation. Up 76 cents, or 0.73 per cent, to $105.46. Railways suffered a sharp drop-off in container shipments this month as the strike by B.C. port workers — now poised to end after a tentative deal Thursday — halted more than half of steel-box cargo. Canadian National Railway Co.'s revenue ton miles — a key industry metric used to gauge income and freight volume — fell 60 per cent in the first week of the job action, according to RBC Dominion Securities analyst Walter Spracklin. The figure dropped by 45 per cent at Canadian Pacific Kansas City Ltd.
Corus Entertainment Inc. (TSX:CJR.B). Media. Up 27 cents, or 19.85 per cent, to $1.63. Corus Entertainment Inc. said it has signed a deal to sell its Montreal-based animation software subsidiary Toon Boom Animation Inc. to Integrated Media Company (IMC) for $147.5 million in cash. Colin Bohm, executive vice-president of content and corporate strategy at Corus, said the move will free up capital, increase the company's financial flexibility and sharpen its focus. Toon Boom's software is used for animation, storyboarding and production management. Founded in 1994, Corus bought a 50 per cent stake in Toon Boom in 2004 and acquired the remaining interest in 2012.
Barrick Gold Corp. (TSX:ABX). Mining. Up three cents, or 0.13 per cent, to $23.07. Barrick Gold Corp. said it is on track to achieve its full-year copper and gold guidance after it sold one million ounces of gold and 101 million pounds of copper in the second quarter, based on its preliminary results. The sales came as preliminary second-quarter production figures totalled 1.01 million ounces of gold and 107 million pounds of copper. The mining giant said gold and copper production in 2023 is expected to increase, with the second half being higher than the first six months of the year.
This report by The Canadian Press was first published July 13,2023.
The Canadian Press
