Business
Most actively traded companies on the Toronto Stock Exchange
Some of the most active companies trading Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (21,848.59, up 293.73 points):
TC Energy Corp. Energy. Up 68 cents, or 1.29 percent, to $53.39 on 17 million shares.
Fission Uranium Corp. Energy. Up 16 cents, or 15.5 percent, to $1.19 on 13.2 million shares.
Suncor Energy Inc. (TSX: SU). Energy. Up $1.54, or 3.1 percent, to $51.77 on 9.3 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 47 cents, or one percent, to $47.97 on 8.9 million shares.
CIBC (TSX:CM). Finance. Up $1.11, or 1.7 percent, to $66.15 on 8.8 million shares.
Toronto-Dominion (TSX:TD). Finance. Up $1.45, or 2 percent, to $75.41 on 8.8 million shares.
Companies in the news:
Fission Uranium Corp. (TSX:FCU). Energy. Up 16 cents, or 15.5 percent, to $1.19. Fission has signed an agreement to be acquired by Australian company Paladin Energy Ltd. in an all-stock deal valued at approximately $1.1 billion. Under the proposal, Fission shareholders will receive 0.1076 Paladin shares for each Fission share owned. The offer implies a value of $1.30 per Fission share. Fission owns the Patterson Lake South uranium property in the Athabasca Basin region of Saskatchewan.
Shopify Inc. (TSX: SHOP). Technology. Down $1.24, or 1.4 percent, to $87.82. The company says it is increasing the amount of artificial intelligence built into its platforms. The Ottawa-based e-commerce giant unveiled a succession of AI-related products Monday at its biannual showcase event called Shopify Editions, which covers more than 150 new offerings this cycle. Among the hottest is a new AI tool that will suggest personalized responses that merchants can use to respond to customer emails.
Enbridge Inc. and Six Nations Energy Development LP announced plans to develop a wind energy project southeast of Weyburn, Saskatchewan. Six Nations is a consortium made up of Cowessess First Nation, George Gordon First Nation, Kahkewistahaw First Nation, Mtis Nation of Saskatchewan, Pasqua First Nation and White Bear First Nations. The Seven Stars Energy project is expected to produce 200 megawatts of electricity. The project will be developed, constructed and operated by a wholly-owned indirect subsidiary of Enbridge.
This report by The Canadian Press was first published June 24, 2024.
The Canadian Press
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