Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,838.24, up 142.26 points).
Bombardier Inc. (TSX:BBD.B). Industrials. Down one cents, or 0.4 per cent, to $2.50 on 28.5 million shares.
Nemaska Lithium Inc. (TSX:NMX). Materials. Unchanged at 32 cents on 11.3 million shares.
Aurora Cannabis Inc. (TSX:ACB). Health care. Down 13 cents, or 1.38 per cent, to $9.30 on 10.4 million shares.
Encana Corp. (TSX:ECA). Energy. Up 45 cents, or 5.18 per cent, to $9.14 on 9 million shares.
Yamana Gold Inc. (TSX:YRI). Materials. Up four cents, or 1.17 per cent, to $3.46 on 8.2 million shares.
Aphria Inc. (TSX:APHA). Health care. Up 63 cents, or 5.23 per cent, to $12.68 on 7.3 million shares.
Air Canada (TSX:AC). Up $1.17 or 3.7 per cent to $33.15. Air Canada says that negative changes to foreign exchange rates drove it to a $231-million net loss in the fourth quarter, but it would have otherwise turned a profit during the three-month period. The Montreal-based airline’s revenue was $4.24 billion, which was up from $3.82 billion a year earlier. Air Canada’s adjusted net income, which excludes the impact of foreign exchange gains or losses, was $54 million or 20 cents per share, down from $60 million of 22 cents per share a year earlier.
Aphria Inc. — Cannabis producer Aphria Inc. says a review of its governance procedures revealed certain non-independent directors had conflicting interests in its acquisition of several Latin American companies. The company said Friday that a separate review of the takeover of the companies in Jamaica, Argentina and Colombia found the purchase price for the deal to be within an acceptable range, and assets for all three companies were in place.
Cineplex Inc. (TSX:CGX). Down $2.01 or 7.4 per cent to $25.14. Cineplex saw a dip in theatre attendance and net income in its latest quarter, even as it began screening a handful of Academy Award contenders. The Toronto-based entertainment giant said its fourth quarter — the start of the annual awards season — brought $27.2 million in net income, down from $28.8 million a year earlier. Despite the debut of buzzed about films, including “A Star is Born,” “Bohemian Rhapsody,” “Green Book” and “Vice,” Cineplex said attendance was down 3.2 per cent from a year earlier.
Canopy Growth Corp. (TSX:WEED). Up $1.53, or 2.5 per cent to $62.81. Canopy Growth’s revenue soared in its latest quarter on its first sales of recreational cannabis, but the licensed producer’s loss from operations widened. The Smiths Falls, Ont.-based company reported revenue of $97.7 million in the quarter ended Dec. 31, or net revenue of $83 million, up from $21.7 million during its financial third quarter a year earlier.
Enbridge Inc. (TSX:ENB). Up five cents to $47.40. Enbridge says full oil and gas pipelines and the addition of new services led to fourth-quarter earnings that beat analyst expectations. Canada’s largest pipeline operator says adjusted net income was $1.17 billion or 65 cents per share in the last three months of 2018, beating analyst estimates of $1.12 billion or 62 cents per share as noted by Thomson Reuters Eikon.
The Canadian Press