TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,070.77, up 192.21):
Enbridge Inc. (TSX:ENB). Energy. Up 44 cents, or 0.91 per cent, to $48.59 on 8.7 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 76 cents, or 1.01 per cent, to $76.18 on 7.6 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Up four cents, or 1.21 per cent, to $3.34 on 7.4 million shares.
Hut 8 Mining Corp. (TSX:HUT). Finance. Unchanged, at $4.95 on 7.3 million shares.
Canopy Growth Corp. (TSX:WEED). Healthcare. Up one cent, or 1.37 per cent, to 74 cents on 7.1 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Down 43 cents, or 1.84 per cent, to $23.00 on 6.8 million shares.
Companies in the news:
Laurentian Bank of Canada. (TSX:LB). Finance. Up $8.93, or 26.6 per cent, to $42.46. Shares of Laurentian Bank of Canada soared more than 30 per cent in early trading Wednesday after the bank said it was conducting a review of its strategic options to maximize shareholder value. A strategic review is often seen by investors as a prelude to a sale by a company. In a news release Tuesday, the bank said it does not intend to disclose further developments until the review is concluded. Laurentian said it has a strong capital and liquidity position as well as a strong, stable and diversified funding and deposit base.
Canadian National Railway Co. (TSX:CNR). Transportation. Up $1.27, or 0.83 per cent, to $154.28. Amtrak announced late last month it would halt service on the Canadian National Railway Co. line due to speed restrictions prompted by summer heat, which can cause kinks in the steel tracks. The American railway giant has said inconsistent application of CN's heat order policy means customers could be stranded or experience delays upwards of three hours. CN has pointed the finger right back, saying Amtrak has failed to pay for maintenance that would have allowed upgrades to the line, which could then withstand the soaring summer temperatures.
This report by The Canadian Press was first published July 12, 2023.
The Canadian Press
