Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,155.49, up 22.96 points).
Aurora Cannabis Inc. (TSX:ACB). Health care. Up two cents, or 0.17 per cent, to $11.85 on 14 million shares.
CannTrust Holdings Inc. (TSX:TRST). Health care. Down $2.55, or 18.96, to $10.90 on 8.6 million shares.
Encana Corp. (TSX:ECA). Energy. Down one cent, or 0.1 per cent, to $9.59 on 5.5 million shares.
BCE Inc. (TSX:BCE). Telecommunications. Down 14 cents, or 0.24 per cent, to $59.39 on 5.4 million shares.
TransCanada Corp. (TSX:TRP). Down 50 cents, or 0.82 per cent, to $60.20 on 5.2 million shares.
The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Up 16 cents, or 3.46 per cent, to $4.78 on 5 million shares.
CannTrust Holdings Inc. — CannTrust’s stock plunged after it swung to a net loss and fell short of analyst expectations despite posting record fourth-quarter revenues — fuelled by the legalization of recreational cannabis last fall. The company lost $25.5 million, compared with a $6.3-million profit a year earlier as revenue rose to $16.2 million from $7 million in the prior year period. Analysts had expected revenues of $21.2 million, and a net loss of $6.4 million, according to those surveyed by Thomson Reuters Eikon.
Aimia Inc. (TSX:AIM). Up six cents to $3.85. The former owner of Aeroplan will cut about one-quarter of its workforce as it charts a new course following the sale of the loyalty program to Air Canada. Aimia Inc. said Thursday that it expects to reduce its workforce to about 550 employees by the end of 2019, and plans to evolve its business through a combination of organic growth from its other businesses and acquisitions. The company trimmed its net loss to 126.2 million from $214.7 million in its latest quarter.
Dollarama Inc. (TSX:DOL). Up 15 cents to $35.20. Dollarama Inc. raised its dividend as its fourth-quarter profit rose to $172 million as sales increased to $1.06 billion, up from $938.1 million, while comparable store sales grew 2.6 per cent. Despite the gains, the results slightly missed analyst expectations. The discount retailer says it expects to add 60 to 70 new stores this year.
The Canadian Press