By The Canadian Press
TORONTO - Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,529.55 down 59.54 points):
BlackBerry (TSX:BB.TO - News). Wireless technology. Up 33 cents, or 2.10 per cent, at $16.04 on 4.55 million shares. The smartphone pioneer is hosting its annual three-day conference, starting on Tuesday, that will provide a sneak peek into its future.
Air Canada (TSX:AC-B.TO - News). Airline. Down 17 cents, 7.83 per cent, at $2 on 4.37 million shares. Canada's largest airline is cutting costs by $50 million in the current quarter. Air Canada chief executive Calin Rovinescu said in an internal memo the company will put in place a hiring freeze, end the use of consultants and find more savings through its suppliers.
Toronto Venture Exchange (957.20 down 9.53 points):
Companies reporting major news:
Semafo Inc. (TSX:SMF.TO - News). Miner. Down three cents, or 1.48 per cent, at $2 on 611,485 shares. The West African-focused gold producer booked a first-quarter loss of US$7.3 million or three cents per share versus a year-earlier profit of US$28.1 million or 10 cents per share. The loss was due to a US$35.1-million impairment charge. Revenue from gold sales advanced by nearly US$6 million to US$106.1 million.