TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,379.87, up 85.92 points).
The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Down 30 cents, or 17.34 per cent, to $1.43 on 8.7 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down 20 cents, or 0.61 per cent, to $32.57 on 5.1 million shares.
Encana Corp. (TSX:ECA). Energy. Down seven cents, or 1.25 per cent, to $5.55 on 5 million shares.
TC Energy Corp. (TSX:TRP). Energy. Up 78 cents, or 1.15 per cent, to $68.46 on 4.9 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up 24 cents, or 1.04 per cent, to $23.27 on 4.5 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Up two cents, or 1.28 per cent, to $1.58 on 4.5 million shares.
Companies in the news:
The Green Organic Dutchman Holdings Ltd. — The Green Organic Dutchman Holdings Ltd. saw its shares plunge Wednesday after the cannabis company said it was reviewing financing alternatives in order to complete construction at its facilities in Ancaster, Ont., and Valleyfield, Que. The company says due to changing market conditions financing sources have been unavailable on acceptable terms within the timeframes required. Stocks in the cannabis sector have been under pressure in recent months due to various factors, including a slower-than-expected retail rollout and growing concern over a wave of vaping-related illnesses. The Green Organic Dutchman says it has started a review of alternatives.
This report by The Canadian Press was first published Oct. 9, 2019.
The Canadian Press