Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,300.38, up 26.41 points)
Pure Industrial Real Estate Trust (TSX:AAR.UN). Real Estate. Down one cent, or 0.12 per cent, to $8.07 on 11.7 million shares.
Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 20 cents, or 2.29 per cent, to $8.93 on 11.6 million shares.
Neovasc Inc. (TSX:NVC). Medical devices. Down half-a-cent, or 7.69 per cent, to six cents on 10.6 million shares.
Spartan Energy Corp. (TSX:SPE). Oil and gas. Down two cents, or 0.32 per cent, to $6.17 on 9.8 million shares. The company will be acquired by fellow Calgary-based Vermilion Energy Inc. (TSX:VET) (down $1.29, or 2.93 per cent, to $42.75 on 2.2 million shares) in a $1.23-billion stock deal and assume about $175 million in debt. The transaction is expected to close in June.
Aphria Inc. (TSX:APH). Healthcare. Up 84 cents, or 7.37 per cent, to $12.24 on 7.7 million shares. The Leamington, Ont.-based medical marijuana producer reported a $12.9-million profit in its latest quarter, boosted by the sale of some of its shares in U.S. company Liberty Health Sciences.
Encana Corp. (TSX:ECA). Oil and gas. Down one cent, or 0.07 per cent, to $15.24 on 5.4 million shares.
Companies reporting major news:
Hudson’s Bay Company (TSX:HBC). Retailer. Down three cents, or 0.33 per cent, to $8.98 on 111,124 shares. The Toronto-based retailer named Bari Harlam as its new chief marketing officer. Harlam has held senior marketing roles at American companies BJ’s Wholesale Club, Swipely and CVS Health, where she built and launched the pharmacy’s loyalty program.
Resolute Forest Products Inc. (TSX:RFP). Forest products. Up 22 cents, or 1.74 per cent, to $12.89 on 4,670 shares. Unifor says it has reached a tentative deal with Resolute, that, once approved, will serve as a pattern agreement for workers at pulp and paper mills across the Ontario, Quebec and Atlantic regions. Details of the four-year agreement were not disclosed.
Rogers Communications Inc. (TSX:RCI.B). Telecommunications. Up 47 cents, or 0.83 per cent, to $57.23 on 554,294 shares. Rogers expects to begin testing core applications for fifth-generation wireless networks later this year in Ottawa, after more precise 5G industry standards come out. The tests will be conducted with long-time network supplier Ericsson, but it probably won’t to be ready for “prime time” until about 2020 because of the hardware and software that’s still to be developed.
The Canadian Press