TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,725, up 96.08):
Enbridge Inc. (TSX:ENB). Energy. Up 17 cents, or 0.31 per cent, to $54.63 on 12 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up $1.03, or 2.35 per cent, to $44.91 on 10.6 million shares.
Hut 8 Mining Corp. (TSX:HUT). Financials. Down 28 cents, or 8.78 per cent, to $2.91 on nine million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up 15 cents, or 0.58 per cent, to $25.97 on 6.3 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Up 16 cents, or 0.65 per cent, to $24.81 on 6.2 million shares.
Royal Bank of Canada (TSX:RY). Financials. Up 50 cents, or 0.36 per cent, to $138.62 on 5.3 million shares.
Companies in the news:
Canada Goose Holdings Inc. (TSX:GOOS). Up 37 cents, or 1.31 per cent, to $28.61. Canada Goose Holdings Inc. said it plans to build its customer base with a focus on women and generation Z and expand into new product categories like eyewear, luggage and home as it charts a new five-year growth path. In a financial outlook and strategic plan released Tuesday, the company said it also expects to more than double its retail footprint from the 51 permanent stores at the end of its last quarter, expand into new markets and grow its online presence. The luxury parka maker said it aims to reach $3 billion in annual revenue by 2028 as part of the growth plan, which represents a compound annual growth rate of approximately 20 per cent.
Hut 8 Mining Corp. — Canadian cryptocurrency company Hut 8 Mining Corp. said it has signed a deal to merge with U.S. Data Mining Group Inc., the company behind US Bitcoin Corp. Under the agreement, the combined company will be named Hut 8 Corp. and will be a U.S.-domiciled company.
Cineplex Inc. (TSX:CGX). Up nine cents, or 1.02 per cent, to $8.93. Cineplex Inc. reported a profit of $10.2 million in its fourth quarter compared with a loss of $21.8 million a year earlier as its revenue increased more than 15 per cent. The movie theatre company said its net profit amounted to 16 cents per diluted share for the quarter ended Dec. 31 compared with a loss of 34 cents per share in the last three months of 2021. Revenue totalled $350.1 million, up from $300 million a year earlier.
This report by The Canadian Press was first published Feb. 7, 2023.
The Canadian Press