TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,826.55 up 52.68 points):
Aurizon Mines Ltd. (TSX:ARZ). Miner. Down three cents, or 0.67 per cent, at $4.45 on 22.83 million shares. Toronto-based Alamos Gold Inc. (TSX:AGI) dropped its hostile takeover offer for Aurizon Tuesday due to a break fee payable to Hecla Mining, which emerged with a white knight offer for Aurizon. Alamos’ stock fell 41 cents, or 2.74 per cent, at $14.57 on 1.02 million shares.
BlackBerry (TSX:BB). Wireless technology. Up $1.11, or 7.20 per cent, at $16.53 on 12.58 million shares. The information technology sector had the biggest gain among all the subgroups on the main exchange, up 2.63 per cent, at 30.85 points.
Canadian Oil Sands Ltd. (TSX:COS). Oil. Up three cents, or 0.14 per cent, at $21.52 on 10.22 million shares. The energy sector rose 0.24 per cent to 257.90 points, as the price of the April crude contract gained 80 cents US to $92.96 per barrel on the New York Mercantile Exchange.
Uranium One Inc. (TSX:UUU). Miner. Unchanged at $2.76 on 9.38 million shares.
Sirocco Mining Inc. (TSX:SIM). Miner. Down five cents, or 8.33 per cent, at 55 cents on 8.43 million shares.
Bombardier Inc. (TSX:BBD.B). Transportation equipment. Up six cents, or 1.43 per cent, at $4.25 on five million shares.
Toronto Venture Exchange (1,105.97 down 0.54 point):
Pinecrest Energy Inc. (TSXV:PRY). Oil and gas. Down two cents, or 1.79 per cent, at $1.10 on 4.71 million shares.
Skyharbour Resources Ltd. (TSXV:SYH). Mine explorer. Unchanged at 5.5 cents on 4.61 million shares. The Vancouver-based company acquired six uranium properties in the Athabasca Basin region, located in northern Saskatchewan. It didn’t disclose how much it paid for the property nor who it paid to, except to say that “roughly half of the land was staked directly by the company and the other half was staked by an arms-length party.”
Companies reporting major news:
Ivanhoe Energy (TSX:IE). Oil. Up seven cents, or 11.11 per cent, at 70 cents on 1.20 million shares. The Calgary-based company signed a deal with SBM Offshore to build offshore facilities that will economically produce and upgrade heavy oil from offshore fields.
Valeant Pharmaceuticals International, Inc. (TSX:VRX). Drug developer. Up $1.86, or 2.54 per cent, at $75.21 on 688,608 shares. The company signed a deal to buy Obagi Medical Products Inc. (Nasdaq:OMPI) in a deal that values the U.S. maker of skin health products at more than US$340 million. The Obagi board recommended shareholders tender their stock to the offer.