TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (18,307.91, down 19.13 points)
Suncor Energy Inc. (TSX:SU). Energy. Up 53 cents, or 1.45 per cent, to $37.12 on 10.8 million shares.
Lundin Mining Corp. (TSX:LUN). Materials. Up 21 cents, or 3.34 per cent, to $6.49 on 8.2 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down 11 cents, or 0.57 per cent, to $19.37 on 7.2 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Up 36 cents, or 1.80 per cent, to $20.40 on seven million shares.
TC Energy Corp. (TSX:TRP). Energy. Down 40 cents, or 0.69 per cent, to $57.66 on 6.3 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Up 15 cents, or 7.98 per cent, to $2.03 on 6.2 million shares.
Companies in the news:
Dye & Durham Ltd. (TSX:DND). Up $2.27, or 17.35 per cent, to $15.35. Dye & Durham Ltd. says it is planning to buy back up to five per cent of its shares in a normal course issuer bid. The Toronto-based company says it will buy back up to 3,457,508 of its shares over the next 12 months starting on Friday. The company says it is buying back its shares because it believes that, from time to time, the market price of the shares may not fully reflect the underlying value of its business and future prospects.
Canopy Growth Corp. (TSX:WEED). Up 16 cents, or 4.24 per cent, to $3.93. The company announced after market close that it is getting out of the cannabis retail business with two deals to divest its Tweed and Tokyo Smoke stores. The Smiths Falls, Ont., cannabis company announced Tuesday that it sold all of its stores outside Alberta, as well as the intellectual property for Tokyo Smoke, to OEG Retail Cannabis (OEGRC). OEGRC is run by the Katz Group, which owns the Edmonton Oilers hockey team and previously had a licensee deal to own and operate all of Canopy's franchised Tokyo Smoke stores in Ontario. The new deals will see OEGRC, which already owns 64 Tokyo Smoke stores, take control of 23 Tokyo Smoke and Tweed stores across Manitoba, Saskatchewan and Newfoundland and Labrador and force the rebrand of any Tweed stores.
This report by The Canadian Press was first published Sept. 27, 2022.
The Canadian Press