TORONTO - Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,639.30 down 2.89 points):
Canadian Oil Sands Ltd. (TSX:COS). Oil and gas. Down five cents, or 0.24 per cent, at $20.48 on 22.61 million shares.
Colossus Minerals Inc. (TSX:CSI). Miner. Up 10 cents, or 14.29 per cent, at 80 cents on 8.84 million shares. The Toronto-based company announced Tuesday that it has completed its $37.95 million financing. The money will be used to develop the Serra Pelada gold-platinum group metals project in Brazil.
Orbite Aluminae Inc. (TSX:ORT). Miner. Down nine cents, or 18.18 per cent, at 40.5 cents on 5.89 million shares.
Kinross Gold Corp. (TSX:K). Miner. Up 36 cents, or 6.45 per cent, at $5.94 on 5.84 million shares. The gold sector led the advancers by percentage on the main index, up 4.65 per cent to 195.97 points. The price of the December bullion contract jumped US$12.90 to $1,333.40 per ounce on the New York Mercantile Exchange.
Denison Mines Corp. (TSX:DML). Miner. Down a penny, or 0.79 per cent, at $1.26 on 5.55 million shares.
Toronto Venture Exchange (926.15 up 1.01 points):
Fission Uranium Corp. (TSXV:FCU). Mine exploration. Down three cents, or 2.42 per cent, at $1.21 on 8.61 million shares.
Brookemont Capital Inc. (TSX:BKT). Mine exploration. Up half a cent, or 10 per cent, at 5.5 cents on 3.26 million shares.
Company reporting major news:
Metro (TSX:MRU). Grocery. Down $2.65, or 3.68 per cent, at $69.30 on 375,377 shares. One of the country's largest grocers announced Wednesday that it will convert 15 of its stores to the Food Basics discount banner and close up to three underperforming locations. Metro will also be the exclusive operator Target's pharmacies in Quebec. The announcements were made after the Montreal-based company posted a third-quarter profit of $149.8 million or $1.55 per share, up from $144.4 million or $1.43 per share from the same period last year. Revenue slipped to $3.57 billion versus $3.6 billion.
Rona Inc. (TSX:RON). Home improvement retailer. Down 42 cents, or 3.73 per cent, at $10.84 on 200,974 shares. Second quarter loss from continuing operations totalled $38.7 million, which reversed a year earlier's profit of $35.6 million. The company said it was in the red due to a recognition of restructuring costs and impairment charges related to its recovery plan. Revenue fell to $1.25 billion from $1.3 billion, which missed analyst estimates.
© Copyright 2013