Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,795.13, down 141.87 points)
Aphria Inc. (TSX:APH). Healthcare. Down 62 cents, or 8.21 per cent, to $6.93 on 33.5 million shares.
Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 55 cents, or 7.80 per cent, to $7.60 on 18.9 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up seven cents, or 3.21 per cent, to $2.25 on 12.1 million shares.
Cronos Group Inc. (TSX:CRON). Healthcare. Up $3.08, or 22.03 per cent, to $17.06 on 8.8 million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down one cent, or 0.40 per cent, to $2.48 on 7.9 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Up 59 cents, or 1.67 per cent, to $35.83 on 7.6 million shares.
Companies reporting major news:
Cronos Group Inc. (TSX:CRON). Healthcare. Up $3.08, or 22.03 per cent, to $17.06 on 8.8 million shares. Altria Group Inc. will invest $2.4 billion in Cronos as it acquires a 45-per-cent ownership stake in the company. The Marlboro maker will also invest up to a further $1.4 billion within four years that would increase its ownership take in what will remain a Toronto-headquartered company to 55 per cent.
Supremex Inc. (TSX:SXP). Basic Materials. Up 12 cents, or 5.15 per cent, to $2.45 on about 34,900 shares. The Montreal-based company is cutting 41 employees at its Canadian envelope manufacturing operations as a cost-cutting measure. The cuts affect eight per cent of its Canadian envelope workforce.
Cardinal Energy Ltd. (TSX:CJ). Energy. Down 23 cents, or 8.13 per cent, to $2.60 on 2.6 million shares. The Calgary oil company says it will temporarily cut its monthly dividend from 3.5 cents to a penny per share and it decided to cut what had been a record production of 22,000 barrels of oil equivalent per day by 15 per cent to avoid net losses due to low prices.
Granite Oil Corp. (TSX:GXO). Energy. Down three cents, or 3.53 per cent, to $0.82 on about 124,900 shares. The Calgary oil company says it would suspend its monthly dividend of 2.3 cents per share and it has stopped production of about 200 boe/d after posting a third-quarter output of just under 2,000 boe/d.
The Canadian Press