TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,997.63, up 112.15 points.)
Zenabis Global Inc. (TSX:ZENA). Health care. Up 1.5 cents, or 11.11 per cent, to 15 cents on 34.1 million shares.
Jaguar Mining Inc. (TSX:JAG). Materials. Up 1.5 cents, or 3.75 per cent, to 41.5 cents on 17.5 million shares.
The Green Organic Dutchman Holdings (TSX:TGOD). Health care. Down five cents, or 9.8 per cent, to 46 cents on 16.9 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Up four cents, or 8.7 per cent, to 50 cents on 16.4 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up $1.53, or 6.38 per cent, to $25.50 on 13.4 million shares.
StageZero Life Sciences Ltd. (TSX:SZLS). Health care. Down 3.5 cents, or 28 per cent, to nine cents on 12 million shares.
Companies in the news:
Molson Coors Beverage Co. (TSX:TPX.B). Up 84 cents, or 1.5 per cent, to $55.33. The former head of Molson, who was “instrumental in the historic merger” that created Molson Coors, has died unexpectedly at the age of 68. Daniel O’Neill, who led the company from 2000 to 2005, passed away this week, said Andrew Molson, chairman of the board at Molson Coors Beverage Co., during the company’s annual general meeting of shareholders Wednesday. O’Neill, who was chief executive at the time of the announced merger in July 2004, would become vice chairman, synergies and integration at the newly formed company, as well as a director on the board.
TC Energy Corp. (TSX:TRP). Down $1.71, or 2.8 per cent, to $59.67. Developers of a stored hydroelectric power project to be built next to a retired open pit coal mine east of Jasper National Park have enlisted TC Energy Corp. as a partner. Kipp Horton, CEO of Calgary-based WindRiver Power Corp., says bringing the power, utility and pipeline giant in as an investor means that its Canyon Creek project, the first large-scale power storage project in Alberta, could start construction by year end. The facility is to consist of two new water storage ponds, one 40 and the other 32 hectares, and a seven-kilometre, 2.5-metre-wide connecting pipeline.
Celestica Inc. (TSX:CLS). Up 18 cents, or 2.1 per cent, to $8.53. Celestica Inc. has been contracted to build 7,500 ventilators in Newmarket, Ont., for a Canadian medical device company working on the fight against the COVID-19 pandemic. Financial terms of its contract with StarFish Medical Inc. weren’t announced. Celestica says it intends to deliver the medical devices for treating patients with breathing problems to Health Canada in the fourth quarter of 2020. Celestica is a Toronto-based company with a global business that manufactures equipment for a variety of industries including health care, aerospace and information technology.
Aurora Cannabis Inc. (TSX:ACB). Down $2.59, or 12.7 per cent, to $17.81. Aurora Cannabis Inc. says it is entering the U.S. market by acquiring hemp-based cannabidiol company Reliva LLC. Edmonton-based Aurora will acquire all of the issued and outstanding membership interests of Reliva, while Reliva members will receive roughly US$40 million in Aurora’s common shares. If Reliva achieves certain financial targets, the transaction includes a potential earn-out of up to a maximum US$45 million payable in Aurora shares, cash or a combination over the next two years. The transaction is subject to closing conditions, but is expected to be complete by June.
This report by The Canadian Press was first published May 20, 2020.
The Canadian Press