TORONTO - Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,042.26 down 59.72 points):
Andean Resources Ltd. (TSX:AND). Miner. Down 22 cents, or 3.44 per cent, at $6.17 on 18,670,435 shares. The stock declined for a second consecutive day in heavy trading after Eldorado Gold Corp. (TSX:ELD) withdrew from a bidding war with Goldcorp (TSX:G) for Andean. Shares of Eldorado Gold were off 16 cents at $20.02, while Goldcorp's shares dropped 66 cents to $43.66.
Mirabela Nickel Ltd. (TSX:MNB). Miner. Up 11 cents, or 6.43 per cent, at $1.82 on 11,750,838 shares. The Perth, Australia,-based company said it was planning to raise up to US$172 million in private financing to help eliminate debt and "provide Mirabela with a strong platform for future growth."
Manulife Financial Corp. (TSX:MFC). Insurer. Down 20 cents, or 1.54 per cent, at $12.79 on 8,268,878 shares.
Kinross Gold Corp. (TSX:K). Miner. Down 33 cents, or 1.84 per cent, at $17.62 on 6,358,383 shares. The global gold index on the TSX dropped a day after the price of the bullion closed at an all-time high. The December gold contract settled at US$1,257.50 an ounce, down $1.80.
Bombardier Inc. (TSX:BBD.B). Transportation equipment. Up 15 cents, or 3.18 per cent, at $4.86 on 5,173,549 shares.
Baffinland Iron Mines Corp. (TSX:BIM). Miner. Up eight cents, or 14.04 per cent, at 65 cents on 4,839,392 shares. The base metal sector led advancers on the main index, rising 0.52 per cent.
TSX Venture Exchange (1,588.06 down 6.90 points):
Bayfield Ventures Corp. (TSXV:BYV). Exploration and development. Down six cents, or 4.94 per cent, at $1.16 on 9,494,954 shares.
Channel Resources Ltd. (TSXV:CHU). Miner. Up 6.5 cents, or 54.17 per cent, at 18.5 cents on 7,226,222 shares. The Vancouver-based miner reported a second gold discovery at the Tanlouka gold project in Burkina Faso.
Companies reporting major news:
Alimentation Couche-Tard (TSX:ATD.B). Convenience store operator. Down 27 cents, or 1.15 per cent, at $23.19 on 285,692 shares. The Wall Street Journal identified 7-Eleven as the mystery bidder for Iowa-based Casey's General Stores, the company Couche-Tard has been trying to acquire. On Wednesday, Montreal-based Couche-Tard also said it had reached an agreement in principle with staff of the U.S. Federal Trade Commission to sell 25 convenience store and gas stations in the U.S. Midwest should it be successful in acquiring Casey's.
Suncor Energy Inc. (TSX:SU). Oil and gas. Down 26 cents, or 0.78 per cent, at $33.21 on 3,054,835 shares. Calgary-based Suncor reached a deal to sell a number of U.K. offshore North Sea properties for about $390 million to an affiliate of Dana Petroleum PLC.
Transcontinental Inc. (TSX:TCL.A). Publisher and commercial printer. Down two cents, or 0.15 per cent, at $13.15 on 105,487 shares. The Montreal-based company said it expects to make targeted acquisitions in digital technology as it reported third-quarter profits rose to $30.6 million from $25.5 million in the same period last year. Revenue dipped to $500.3 million from $504.4 million.
Viterra Inc. (TSX:VT). Grain handler. Up nine cents, or 1.06 per cent, at $8.59 on 835,061 shares. Calgary-based Viterra posted a third-quarter net income of $63.5 million, down 47 per cent from the same time last year. Revenue for the quarter totalled $2.5 billion, up by $273 million due to contributions from the company's newly acquired operations in Australia, the former ABB Grain.