TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (21,271.85, up 177.84 points.)
Denison Mines Corp. (TSX:DML). Materials. Up six cents, or 4.2 per cent, to $1.50 on 14.2 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Up two cents, or 1.4 per cent, to $1.46 on 12.8 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 46 cents, or 1.2 per cent, to $36.64 on 12.3 million shares.
Mega Uranium Ltd. (TSX:MGA). Energy. Unchanged at 30 cents on 11.3 million shares.
Fission Uranium Corp. (TSX:FCU). Energy. Up two cents, or 2.7 per cent, to 75 cents on 9.4 million shares.
Baytex Energy Corp. (TSX:BTE). Energy. Up 22 cents, or 4.4 per cent, to $5.22 on 9.1 million shares.
Companies in the news:
Bombardier Inc. (TSX:BBD.B). Up six cents, or 3.6 per cent to $1.71. Quebec is maintaining a 25 per cent stake in the old C Series commercial jet program and at least 2,500 full-time jobs in the province by investing US$300 million more in the Airbus A220 aircraft. By injecting more funds into the program, the government wants to avoid seeing its investment diluted by a next round of financing led by Airbus, which purchased the program from Bombardier Inc. in 2018. Quebec's minority stake stemmed from its initial US$1 billion investment in the program in 2016. As of March 31, 2021, Investissement Québec estimated the value of this investment to be nil. Airbus is investing an additional US$900 million to maintain its 75 per cent stake in the 110 to 130-seat plane assembled in Mirabel and Mobile, Ala. Bombardier sold its remaining investment in the old C Series program in 2020, about two years after it shed a controlling stake in the program for $1. The French company had until 2026 to buy the government shares but the investment postpones the buyout until 2030. Airbus does not expect the program to be profitable before 2025.
This report by The Canadian Press was first published Feb. 4, 2022.
The Canadian Press
