TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,246.72, down 48.94 points.)
Zenabis Global Inc. (TSX:ZENA). Health care. Down 2.5 cents, or 26.32 per cent, to seven cents on 19 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 11 cents, or 0.61 per cent, to $17.825 on 10 million shares.
Just Energy Group Inc. (TSX:JE). Energy. Up 4.5 cents, or 15.79 per cent, to 33 cents on 9.5 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down 81 cents, or 3.32 per cent, to $23.57 on 8.4 million shares.
Kinross Gold Corp. (TSX:K). Materials. Up one cent, or 0.08 per cent, to $12.31 on 7.5 million shares.
Nuvei Corp. (TSX:NVEI.U) Technology. Up US$12.32 or 58.67 per cent, to US$33.67 on 6.15 million shares.
Companies in the news:
Teck Resources Ltd. (TSX:TECK.B). Up 66 cents or 3.5 per cent to $19.58. Construction delays related to a COVID-19 shutdown of its Quebrada Blanca Phase 2 copper mining project in Chile will add between US$260 million and US$290 million in costs and delay startup by five to six months, mining company Teck Resources Ltd. says. About 7,500 workers were at the construction site for the US$5.2-billion project when the pandemic erupted last March and all but a small care and maintenance crew were sent home, Teck CEO Don Lindsay said during an online industry conference Thursday. Work that was able to move forward during the shutdown included permitting, offsite equipment manufacturing, transporting of goods to the site and road construction.
Nuvei Corp. — Montreal payments company Nuvei Corp. is making history by raising US$700 million through an IPO, the largest amount by a technology company in TSX history. The company’s more than 26.9 million subordinate voting shares closed well above the US$26 where they were priced and US$20 to US$22 in initial marketing. Nuvei is on track to nab $625 million in gross proceeds from the IPO, which is expected to close on Tuesday and is subject to customary closing conditions. The Caisse de depot and Novacap-backed company provides payment solutions to 50,000 merchants, technology and distribution partners around the world.
This report by The Canadian Press was first published Sept. 17, 2020.
The Canadian Press