TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,918.40, down 71.02 points):
Bitfarms Ltd. (TSX:BITF). Finance. Down 57 cents, or 14.11 per cent, to $3.47 on 12.4 million shares.
NexGen Energy Ltd. (TSX:NXE). Energy. Up three cents, or 0.32 per cent, to $9.45 on 12.0 million shares.
Toronto-Dominion Bank. (TSX:TD). Finance. Down $1.10, or 1.34 per cent, to $80.80 on 11.5 million shares.
Manulife Financial Corp. (TSX:MFC). Finance. Down 16 cents, or 0.55 per cent, to $28.77 on 6.3 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 77 cents, or 0.89 per cent, to $87.12 on 5.8 million shares.
Canadian Imperial Bank of Commerce. (TSX:CM). Finance. Down $1.02, or 1.62 per cent, to $62.05 on 5.1 million shares.
Companies in the news:
Air Canada. (TSX:AC). Transportation. Down 19 cents, or 0.97 per cent, to $19.43. Air Canada is appealing a decision by the country’s transport regulator that seeks to boost accessibility for travellers living with a disability. The move at the Federal Court of Appeal aims to overturn orders from the Canadian Transportation Agency requiring the airline to accommodate passengers whose power wheelchairs don’t fit through the cargo door of a scheduled plane. Air Canada says it has accepted most of the ruling's orders to remove barriers but challenged the obligation to change aircraft on short notice for smaller routes.
Aritzia Inc. (TSX:ATZ). Retail. Up $5.55, or 20.98 per cent, to $32.01. Aritzia Inc.'s stock rose almost 21 per cent on Thursday as the market responded to the company's latest earnings and several analysts upgraded their rating on the company. The spike came on the heels of Aritzia's latest financial results, which showed the company's net income dropped by 39 per cent to $43.1 million. The company says the quarter was impacted by higher markdowns it rolled out to optimize its inventory levels and pre-opening lease amortization costs it incurred for a number of new flagship boutiques.
Solaris Resources Inc. (TSX:SLS). Up 21 cents, or 5.25 per cent, to $4.21. A Chinese company has signed a deal to invest $130 million in Solaris Resources Inc. that it plans to use to fund the development of its Warintza copper project in Ecuador. Zijin Mining Group Co. Ltd. will own about a 15 per cent stake in Solaris once the private placement of nearly 28.5 million shares at a price of $4.55 per share closes.
This report by The Canadian Press was first published Jan. 11, 2024.
The Canadian Press
