Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,131.47, down 165.99 points).
Avalon Advanced Materials Inc. (TSX:AVL). Materials. Up one cent, or eight per cent, to 13.5 cents on 15.7 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Down three cents, or 1.46 per cent, to $2.02 on 6.2 million shares.
Encana Corp. (TSX:ECA). Energy. Down 43 cents, or 5.45 per cent, to $7.46 on 5.2 million shares.
First Quantum Minerals Ltd. (TSX:FM). Materials. Down eight cents, or 0.81 per cent, to $10.01 on 4.8 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down 52 cents, to 1.04 per cent, to $49.63 on 4.3 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down 28 cents, or 0.76 per cent, to $36.53 on 4 million shares.
BRP Inc. (TSX:DOO). Up $5.63 or 15.6 per cent to $41.79. BRP Inc. shares jumped on news the company topped profit estimates in its latest quarter as acquisitions in its marine segment and strong sales of a new three-wheel vehicle drove a 17 per cent revenue rise compared with a year ago. The increase also followed the maker of Ski-Doo snowmobiles and Sea-Doo watercraft’s decision to spend up to $300 million to repurchase shares.
National Bank (TSX:NA). Down 59 cents to $61.30. National Bank was the last of the Big Six lenders to report its second-quarter earnings on Thursday, hiking its dividend as it delivered a roughly two per cent increase in net income fuelled by strength in Quebec. The lender reported a nine per cent uptick in profits from its personal and commercial banking arm, as well as growth in U.S. specialty finance and international and wealth management. However, its earnings were hampered by a slowdown in financial markets and missed analyst estimates.
Laurentian Bank Financial Group (TSX:LB). Up 83 cents to $42.83. Laurentian Bank raised its quarterly dividend by penny to 66 cents per share as it reported a lower second-quarter profit compared with a year ago as took a hit from severance and other restructuring charges. The bank says it earned $43.3 million or 95 cents per diluted share for the quarter ended April 30.
The Canadian Press