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Toronto Stock Exchange: Active Companies and Deals with Telus Corp. and Cameco Corp.

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Finance Nouvelles

Healthcare,Telecom,Telus Corp.

A roundup of the most active companies traded on the Toronto Stock Exchange, including First Quantum Minerals, Enbridge Inc., and Tamarack Valley Energy. Telus Corp. announces a deal with Flo to improve reliability of electric vehicle charging network, while Cameco Corp. sees an increase in shares.

Toronto Stock Exchange :

First Quantum Minerals Ltd. . Mining. Down $3.93, or 19.65 per cent, to $16.07 on 10.9 million shares.Tamarack Valley Energy Ltd. . Energy. Up eight cents, or 1.95 per cent, to $4.19 on 7.2 million shares.Americas Gold and Silver Corp. . Mining. Down eight cents, or 17.86 per cent, to 35 cents on 6.4 million shares.

Canopy Growth Corp. . Healthcare. Up seven cents, or 9.86 per cent, to 78 cents on 5.8 million shares.Telus Corp. . Telecom. Unchanged, at $22.36. Telus Corp. announced a deal Tuesday with electric vehicle charging network operator Flo to help improve reliability as adoption of clean vehicle technology is expected to ramp up. Flo will use Telus' technology to monitor at least 60,000 chargers in Canada and the U.S.

Cameco Corp. . Energy. Up $4.37, or 8.35 per cent, to $56.73. Shares in Cameco Corp. rose more than eight per cent after it raised its revenue outlook for 2023 and reported a profit of $148 million in its latest quarter compared with a loss a year ago. The uranium miner said the profit amounted to 34 cents per diluted share for the quarter ended Sept. 30 compared with a loss of $20 million or five cents per diluted share a year earlier.

First Quantum Minerals Ltd. . Mining. Down $3.93, or 19.65 per cent, to $16.07. Shares in First Quantum Minerals Ltd. continued to slide Tuesday as uncertainty clouds the fate of its Cobre Panama mine. Over the weekend, Panama’s government promised to hold a referendum on whether a deal with First Quantum over the mine should be scrapped. Citizens in Panama have been protesting the long-term mining concession with First Quantum’s local subsidiary for more than a week.

 

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