|Bid||0.2950 x 0|
|Ask||0.3000 x 0|
|Day's Range||0.2750 - 0.3300|
|52 Week Range||0.0400 - 0.4400|
|Beta (5Y Monthly)||2.16|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.62|
VANCOUVER, BC / ACCESSWIRE / September 30, 2020 / Condor Resources Inc.
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,731.49, down 58.48 points)Air Canada (TSX:AC). Industrials. Up 69 cents, or 4.18 per cent, to $17.19 on 9.34 million shares.Baytex Energy Corp. (TSX:BTE). Energy. Up two cents, or 2.94 per cent, to 70 cents on 7.88 million shares.Manulife Financial Corp. (TSX:MFC). Financial services. Up four cents, or 0.2 per cent, to $20.01 on 7.01 million shares.Suncor Energy Inc. (TSX:SU). Energy. Up 17 cents, or 0.79 per cent, to $21.59 on 6.95 million shares.Sun Life Financial Inc. (TSX:SLF). Financial services. Up 68 cents, or 1.21 per cent, to $56.91 on 6.425 million shares.Northern Dynasty Minerals Ltd. (TSX:NDM). Materials. Up four cents, or 3.42 per cent, to $1.21 on 6.23 million shares.Companies in the news:The Toronto-Dominion Bank. (TSX:TD). Up three cents or 0.05 per cent to $66.40. Canada's economy is starting to rebound from the worst of the COVID-19 pandemic slowdown, but TD Bank Group's chief executive is warning that trouble may still lie ahead. "The route to recovery won't always be smooth," Bharat Masrani told financial analysts on a Thursday conference call. "The longer-term outlook is still uncertain and a measure of caution is warranted." Masrani's comments came as his bank reported its third-quarter profit fell 30 per cent compared with a year ago. The bank earned $2.25 billion or $1.21 per diluted share for the quarter ended July 31, down from a profit of $3.25 billion or $1.74 per diluted share a year ago. Earnings improved from the second quarter when the bank reported a profit of $1.5 billion due to volume growth, moderating credit provisions and strong wealth and wholesale revenues. Revenue totalled $10.67 billion, up from $10.5 billion. On an adjusted basis, TD said it earned $1.25 per diluted share for the quarter, down from $1.79 a year ago. Analysts on average had expected an adjusted profit of $1.18 per share, according to financial markets data firm Refinitiv.BRP Inc. (TSX:DOO). Up $2.64, or 3.84 per cent, to $71.44. Sea-Doo maker BRP Inc. says production shutdowns depleted its inventory and dragged down revenues in its second quarter, but rising demand buoyed profits as fun-seekers turned to power sports for pandemic recreation. Net income rose 35 per cent, fuelled by a 40 per cent boost in North American sales of power-sports vehicles — personal watercraft, Ski-Doos, all-terrain vehicles and others. Earnings per share of $1.14 were seven times higher than analysts predicted. The earnings increase came despite a revenue decline of 16 per cent, due mainly to lower shipment volumes caused by the suspension of operations at most BRP plants in April and May, the company said. "We’re down almost $1 billion in terms of inventory in the network ... It's quite sizable," chief financial officer Sebastien Martel said on a conference call with investors. The shutdowns could lead to some loss of market share, he said, which the company plans to claw back in part through record capital expenditures of more than $400 million in 2021.Canadian National Railway Co. (TSX:CN). Up 24 cents or 0.17 per cent to $140.33. Canadian National has awarded a contract for 1,150 grain cars to National Steel Car Ltd. in Hamilton. The railroad operator says the deal brings to $1 billion the amount it plans to invest in Ontario by the end of 2022, including $250 million to build a proposed logistics hub in Milton. The order for the high-efficiency hopper cars comes amid a year of record grain movement at both CN and rival Canadian Pacific Railway Ltd. The surging statistics are thanks largely to grain held over from last year following a late harvest as well as insatiable global demand for bread and pasta amid the COVID-19 pandemic. CN said earlier this month it hauled more than 30 million tonnes of grain in 2019-20, a seven-per-cent increase from the previous year.This report by The Canadian Press was first published Aug. 27, 2020.The Canadian Press
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...