Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,104.43, up 31.29 points).
Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up five cents, or 0.4 per cent, to $12.46 on 24.3 million shares.
MEG Energy Corp. (TSX:MEG). Energy. Up $3.04, or 37.9 per cent, to $11.07 on 19.6 million shares.
RNC Minerals. (TSX:RNX). Metals. Up five cents, or 5.62 per cent, to 94 cents on 14.2 million shares.
Wallbridge Mining Company Ltd. (TSX:WM). Base metals. Up 5.5 cents, or 25 per cent, to 27.5 cents on 10 million shares.
Baytex Energy Corp. (TSX:BTE). Energy. Up 17 cents, or 4.53 per cent, to $3.92 on 8.6 million shares.
Aphria Inc. (TSX:APH). Healthcare. Down 24 cents, or 1.33 per cent, to $17.76 on 6.6 million shares.
Companies reporting major news:
MEG Energy Corp. (TSX:MEG). Energy. Up $3.04, or 37.9 per cent, to $11.07. Financial analysts say Husky Energy Inc. will likely have to sweeten its $3.3-billion hostile takeover bid for fellow Calgary oilsands producer MEG Energy Corp., although they concede there are few white knights that are big enough to ride to its rescue. In its offer Sunday, Husky said it was going directly to MEG’s shareholders after its board refused to consider a proposal. Husky closed down $1.47 or 6.48 per cent at $21.21 on 4.2 million shares.
Encana Corp. (TSX:ECA) Up 34 cents, or two per cent to $17.27. Encana has an agreement to sell its San Juan assets in New Mexico to a Denver-based company for nearly $615 million. The Calgary-based oil and gas producer’s San Juan assets include lands that produce the equivalent of 5,400 barrels per day of oil. Denver-based DJR Energy, LLC says the acquisition will about double its land in the San Juan Basin to 141,639 hectares and increase its production to more than 6,000 barrels per day.
The Canadian Press