Most actively traded companies on Canadian stock markets

1 day ago

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:

Toronto Stock Exchange (down 18.31 points at 13,358.91):

Blue Note Mining Inc. (TSX:BN). Mining. Down 3.5 cents, or 46.67 per cent, at four cents on extremely high shares at 47,039,596. Lower metal prices resulted in a revenue increase of only 24 per cent at the Montreal-based company. Net loss in the quarter widened at $12.7 million or $0.035 per share compared to $2.5 million or $0.01 per share from a year ago.

Allon Therapeutics Inc. (TSX:NPC). Drug maker. Unchanged at $1.07 on active trading at 6,378,400 shares. The Vancouver-based company boasted earlier in the week that it achieved all its clinical and financial objectives during the quarter and is on track to achieve all its 2008 milestones, including a partnership with a large pharmaceutical company.

Groupe Aeroplan Inc. (TSX:AER). Loyalty card program operator. Up 10 cents, or 0.76 per cent, at $13.30 on 6,371,994 shares after the firm saw lower profits in the second quarter, but a 52 per cent rise in revenues. Aeroplan also announced a multi-year deal with supermarket giant Sobeys for customers to earn Aeroplan miles on their grocery purchases in some provinces, and a separate deal with travel company Expedia in the United Kingdom.

Sleep Country Canada (TSX:Z.UN). Mattress retailer. Up $5.83, or 36.32 per cent, at $21.88 on 5,996,130 shares. Two Canadian investment firms have offered to buy the national mattress retailer in a friendly deal valued at $356 million.

Eastern Platinum Ltd. (TSX:ELR). Mining. Down five cents, or 3.18 per cent, at $1.52 on 5,342,817 shares.

Yamana Gold Inc. (TSX:YRI). Mining. Down 83 cents, or 7.10 per cent, at $10.86 on 5,089,216 shares. The gold sector led all the decliners on the TSX, plunging 5.32 per cent.

TSX Venture Exchange (down 5.71 points at 1,991.18):

Phoscan Chemical Corp. (TSXV:FOS). Mining. Down 10 cents, or 9.62 per cent, at 94 cents on 5,385,172 shares.

Bridge Resource Corp. (TSXV:BUK). Down 17 cents, or 16.83 per cent, at 84 cents on 5,241,390 shares.

Companies reporting major news:

Cameco Corp. (TSX:CCO). Miner. Up 43 cents, or 1.31 per cent, at $33.32 on 1,160,770 shares. Delays in expanding some of its mines caused Cameco to lower its 2008 uranium production by one million pounds. It also reported a big drop in second-quarter income at $150 million or 44 cents a share, compared to $205 million or 58 cents per share.

Clearwater Seafoods (TSX:CLR.UN). Food processor. Up 65 cents, or 17.33 per cent, at $4.40 on 1,705,884 shares after announcing a plan for the publicly traded income fund to go private. Clearwater also announced a slight dip on its second quarter profit at $11.5 million, compared to $12.1 million from a year ago.

Mega Brands (TSX:MB). Toymaker. Down nine cents, or 3.02 per cent, at $2.89 on 10,661 shares as it said timing, not a fear of investor backlash, was behind the troubled toymaker's efforts to bypass a shareholder vote on a $75 million liquidity infusion.