Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,955.51, down 139.21 points)
Aurora Cannabis Inc. (TSX:ACB). Health care. Down $1.34, or 10.34 per cent, to $11.62 on 19.4 million shares.
NGEx Resources Inc. (TSX:NGQ). Miner. Up five cents, or 4.55 per cent, to $1.15 on 16.5 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down 16 cents, or 4.44 per cent, to $3.44 on 9.7 million shares.
Canopy Growth Corp. (TSX:WEED). Health care. Down $2.62, or 7.92 per cent, to $30.48 on 7.04 million shares.
Aphria Inc. (TSX:APH). Health care. Down $1.28, or 6.74 per cent, to $17.71 on 5.6 million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down 20 cents, or 5.04 per cent, to $3.77 on 5.2 million shares.
Companies reporting major news:
Loblaw Companies Ltd. (TSX:L). Grocer. Down $2.19, or 3.16 per cent, to $67.03 on 1.2 million shares. The grocery-and-pharmacy retailer’s stock was downgraded once details emerged on a long-awaited deal to reduce generic drug costs, which will see the prices of nearly 70 commonly prescribed generic drugs discounted by up to 90 per cent of their brand name equivalents.
Metro Inc. (TSX:MRU). Grocer. Down 13 cents, or 0.32 per cent, to $40.75 on 1.3 million shares. The Montreal-based company said it will soon test scan-and-go technology and increase the number of self-checkout machines in its grocery stores as it looks to offset higher minimum wages in Ontario and Quebec. Metro also reported first-quarter earnings of $1.3 billion ($5.67 per share) compared with a profit $138.1 million (58 cents per share) in the same quarter a year ago. Revenue was $3.11 billion, up from $2.97 billion. It also increased its dividend to 18 cents, from 16.5 cents.
Shaw Communications Inc. (TSX:SJR.B). Telecommunications and media. Up 25 cents, or 0.94 per cent, to $26.98 on 1.14 million shares. The Calgary-based company has offered a voluntary buyout program to its 6,500 employees, including those at Freedom Mobile, and expects about 10 per cent to take the offer.
The Canadian Press