Movers and shakers on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,049.02, down 45.23 points).
Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up two cents, or 0.22 per cent, to $9.11 on 40.7 million shares. RNC Minerals. (TSX:RNX). Metals. Down four cents, or 14.3 per cent, to 24 cents on 34.8 million shares. Aphria Inc. (TSX:APH). Healthcare. Down 79 cents, or 3.66 per cent, to $20.82 on 16.2 million shares. HEXO Corp. (TSX:HEXO). Healthcare. Down 20 cents, or 2.37 per cent, to $8.25 on 15.3 million shares. New Gold Inc. (TSX:NGD). Gold. Up 23 cents, or 22.3 per cent, to $1.26 on 9.2 million shares. Baytex Energy Corp. (TSX:BTE). Energy. Unchanged at $3.65 on 7.2 million shares. Companies reporting major news:
Roots Corp. (TSX:ROOT). Down $1.46 or 15.6 per cent to $7.87 on 519,000 shares traded.
The retailer’s shares fell after the heritage-clothing brand’s second-quarter results Wednesday fell short of analysts’ expectations.
The Toronto-based company reported a $4.08-million net loss for the quarter ended Aug. 4 — up from a net loss of $8.34 million in the second quarter of the previous year. Roots said its adjusted net loss was $0.06 per share, while analysts surveyed by Thomson Reuters Eikon were expecting a loss of $0.02 per share.
Hudson’s Bay Co. (TSX:HBC). Consumer staples. Up 82 cents or 7.75 per cent to $11.40 on 486,000 shares traded. The retailer sees the planned divestiture of its European operations as an opportunity to focus on strengthening its North American base, anchored by the Saks Fifth Avenue and Hudson’s Bay retail banners.
However, comparable-store sales at Hudson’s Bay — its main banner in Canada — were down slightly and its Saks OFF Fifth chain’s comparable sales in the United States and Canada were down 7.6 per cent.