TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,515.82, up 156.17 points.)
Bombardier Inc. (TSX:BBD.B). Industrials. Up 3.5 cents, or 7.61 per cent, to 49.5 cents on 21.6 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 38 cents, or 1.59 per cent, to $24.27 on 12.2 million shares.
Baytex Energy Corp. (TSX:BTE). Energy. Unchanged at 67 cents on 10.3 million shares.
Freegold Ventures Ltd. (TSX:FVL). Materials. Up 13 cents, or 20.97 per cent, to 75 cents on 9.6 million shares.
Air Canada (TSX:AC). Industrials. Up 69 cents, or 3.72 per cent, to $19.23 on 9.4 million shares.
Willow Biosciences Inc. (TSX:WLLW). Health care. Down 3.5 cents, or 10.29 per cent, to 30.5 cents on 8.3 million shares.
Companies in the news:
Air Canada — Air Canada’s chief financial officer says the airline is starting to see “some improvement” in domestic bookings, but that international travel will only improve when governments start to lift travel restrictions. Michael Rousseau told investors at a National Bank event that leisure travel within Canada is the first area to see an uptick as interprovincial travel barriers are scaled back. He expects domestic business trips to pick up as early as September, followed by international leisure and business travel, but said the lucrative summer European market is passing the company by this year.
Barrick Gold Corp. (TSX:ABX). Down 73 cents or 2.2 per cent to $32.88. Toronto-based Barrick Gold Corp. says it has cashed in most of its shares in Hong Kong-listed Shandong Gold Mining, taking advantage of an increase in price as world gold prices strengthen. It says it realized US$210 million (C$285 million) from the sale of 79.3 million shares of the Chinese state-controlled company at a price of HK$20.50 per share. Barrick says it purchased the shares in the fourth quarter of 2018 at HK$10.50 per share. Barrick continues to hold 10.25 million or about two per cent of Shandong Gold’s H-class shares as part of what it calls its commitment to the long-term strategic partnership.
Aurora Cannabis Inc. (TSX:ACB). Down 13 cents to $17.81. Aurora Cannabis Inc. says co-founder Steve Dobler will retire as president and as a director of the company at the end of the month. Dobler has held the roles at the cannabis company since December 2014. With the retirement of Dobler, the board will have nine directors. The move follows the departure of founder Terry Booth, who stepped down as chief executive earlier this year. Aurora announced in February that it was taking $1 billion in writedowns and would lay off 500 employees as part of a shakeup to its spending plans.
This report by The Canadian Press was first published June 16, 2020.
The Canadian Press