Thursday, March 13, 2008

Most actively traded companies on Canadian stock markets

Most actively traded companies on Canadian stock markets

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (up 146.15 points to 13,443.50):
Pacific Rubiales Energy Corp. (TSX:PEG). Oil and gas. Ahead 10 cents to $1.60 on 21,847,358 shares. Last week, the company said one of its wells in Columbia contains more oil than originally thought.

Kinross Gold (TSX:K). Precious metals. Up 71 cents, or 2.8 per cent, at $26.08 on 10,463,499 shares. On Thursday gold crossed the US$1,000-an-ounce mark for the first time, pulling the TSX gold sector up with it.

Bombardier (TSX:BBD.B). Transportation. Up 81 cents to $5.56 on 10,042,090 shares after the company said previously announced talks with Iraqi officials led to an order of six CRJ900 regional jets valued at US$239 million.

01 Communique Laboratory Inc. (TSX:ONE). Down 68 cents, or 79.07 per cent, at 18 cents on 8,576,400 shares. Said the judge in its patent infringement case against Citrix issued a stay in the case and a memorandum until the patent in question is reexamined.

BCE Inc. (TSX:BCE). Telecom. Down 42 cents, or 1.1 per cent, at $37.90 on 7,508,788 shares. Earlier this week the Ontario Teachers' Pension Plan, majority partner in the $52-billion BCE takeover, assured the CRTC that the iconic company will remain in Canadian hands after the regulator expressed skepticism.

Yamana Gold (TSX:YRI). Precious metals. Up 50 cents, or 2.76 per cent, at $18.63 on 6,233,044 shares.

TSX Venture Exchange (up 7.45 points to 2,680.67):
Ecometals Ltd. (TSXV:EML). Mineral explorer. Down a penny or 2.78 per cent to 35 cents.
March Resources Corp. (TSXV:MCF). Up 27 cents or 31.4 per cent to $1.13. Provided an update on the upper section of its Pica 1 well in Chile, saying that its going "extremely well" though slower than expected.
Companies reporting major news:
Biovail Corp. (TSX:BVF). Drug developer. Up 17 cents, or 1.3 per cent, at $13.27 on 835,676 shares. Former CEO and minority shareholder Eugene Melnyk plans to propose changes to the board after expressing concern with the direction and financial performance of the company, which posted a $32 million loss in the fourth quarter.
CHC Helicopter Corp. (TSX:FLY.A). Transportation. Down 15 cents, or 0.49 per cent, at $30.45 on 877,244 shares. Company said it has secured the appropriate European investment to help close a $3.7-billion takeover by First Reserve Capital Corp.

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