Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,477.00, down 75.06 points)
Katanga Mining Limited. (TSX:KAT). Miner. Up 21 cents, or 23.08 per cent, to $1.12 on 12.4 million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down two cents, or 0.39 per cent, to $5.14 on 9.9 million shares.
Neovasc Inc. (TSX:NVC). Medical devices. Unchanged at six cents on 9.3 million shares.
Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 22 cents, or 2.74 per cent, to $8.24 on 7.5 million shares.
Enbridge Inc. (TSX:ENB). Oil and gas. Down $2.14, or 5.37 per cent, to $37.68 on 7.2 million shares. On Monday, a judge in Minnesota recommended that the company’s Line 3 pipeline replacement project follow its existing route across the state rather than the company’s preferred route.
Crescent Point Energy (TSX:CPG). Oil and gas. Up 13 cents, or 1.16 per cent, to $11.34 on 5.8 million shares.
Companies reporting major news:
Mitel Networks Corp. (TSX:MNW). Communication equipment. Up $1.25, or 9.59 per cent, to $14.29 on 5.2 million shares. The company announced that its board is recommending a friendly privatization offer by an investor group led by Searchlight Capital Partners for about C$2.6 billion, including debt.
Restaurant Brands International Inc. (TSX:QSR). Fast food restaurants. Up $2.98, or 4.32 per cent, to $72.04 on 1.2 million shares. The company announced a plan Tuesday for improving the customer experience and sales at its Tim Hortons operations, which were the weak spots during an otherwise strong first quarter. It earned US$147.8 million (59 cents per diluted share) up from $50.2 million (21 cents per diluted share) a year ago. Revenue totalled $1.25 billion, up from $1 billion in the same quarter last year.
The Canadian Press