The Most Actively Traded Companies on the Toronto Stock Exchange

Companies / Canada Sep 04, 2021 - 11:26 PM GMT

The Toronto Stock Exchange is a Canadian stock exchange based in Toronto. Based on market capitalization, it's the eighth-largest exchange in the world and the third-largest in North America. A wide range of businesses from Canada and all over the world are listed on the exchange, and along with conventional securities, traders can also access exchange-traded funds, split share corporations and investment funds.

The most actively traded companies on the Toronto stock exchange varies from week to week, but currently, these are currently the most active this week:

Toronto Stock Exchange (20,173.352, up 8.39 points.)

Suncor Energy Inc. (TSX:SU). Energy. Down $1.10 or 4.12 percent, to 25.62 on 7.8 million shares.

Bank of Montreal (TSX:BMO). Financials. Up 7 cents or 0.06 percent, to $125.40 on 5.8 million shares.

Royal Bank of Canada (TSX:RY). Financials. Up 68 cents or 0.54 percent, to $126.54 on 5.5 million shares.

Bombardier Inc. (TSX:BBD.B). Industrials. Down one cent or 0.69 percent to $1.43 on 4.1 million shares.

Cenovus Energy Inc. (TSX:CVE). Energy. Down 22 cents or 2.13 percent, to $10.09 on 3.8 million shares.

Toronto-Dominion Bank. (TSX:TD). Financials. Up 40 cents, or 0.48 percent, to $83.09 on 3 million shares.

Toronto Stock Exchange News

Companies currently in the news based on their Toronto Exchange share price include Amaya Gaming. This Quebec-based gambling software provider creates games to be used at online casinos all over the world. Online casinos have become hugely popular over the past few years, thanks in part to the various bonuses on first deposit that players can claim. While recent data and earnings figures may not show Amaya's stock price performing well, Canadian investors searching for more long-term value in the U.S. gaming business may find it with Amaya.

Noront Resources Ltd is also in the news thanks to a big increase in its share price on the Toronto Exchange. The company (TSXV:NOT) specializes in mineral exploration and development, and recently, BHP struck an agreement to buy it out for $325 million. As a result, the share price is up 23 cents or 69.23 percent to 55 cents. Noront will be purchased for $0.55 per share by BHP Lonsdale Investments Pty Ltd, a subsidiary of the Australian mining giant. This is a 69 percent premium to the TSX Venture Exchange's Monday closing price.

In other news, Bombardier Inc's share price fell one cent due to a proposed strike at their Downsview facility in North Toronto. The Canadian aerospace company (TSX:BBD.B) is currently in discussions with Unifor due to the industrial action after workers recently walked off the job. This move comes not long after a three-week cooling-off period following lengthy discussions over worker's pay and rights.

Meanwhile, Canopy Growth Corp (TSX:WEED) is up 40 cents despite currently being sued by Cointreau Corp. The Vancouver-based cannabis company is in a legal battle with the liquor company due to copyright infringement in relation to the cannabis company's Quatreau brand of sparkling cannabidiol beverages. In a complaint and jury demand filed in a New York court on Friday, Cointreau said it believes Canopy is using the Quatreau name because it is similar to that of the orange liqueur company. Cointreau has stated in court documents that it is considering launching waters and sodas in the United States. But the company is concerned that its brands would be confused with Canopy's because they both end in "treau," and their pronunciations differ only by a single letter.

Rogers Communications Inc saw its shares fall by $2.53 despite the fact that it has reported a revenue increase in the last quarter. The cable and wireless firm said Wednesday that advertising related to live sports coverage, such as the Stanley Cup finals and Blue Jays, drove up media revenue by 84 percent in the second

By Nadia Mayanja

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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