|Bid||0.7300 x 0|
|Ask||0.7400 x 0|
|Day's Range||0.4350 - 0.9200|
|52 Week Range||0.3000 - 124.0800|
|Beta (5Y Monthly)||1.49|
|PE Ratio (TTM)||3.38|
|Earnings Date||Aug. 28, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jun. 14, 2019|
|1y Target Est||0.40|
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,912.26, up 95.15 points.)Just Energy Group Inc. (TSX:JE). Energy. Up 39.5 cents, or 114.49 per cent, to 74 cents on 49.5 million shares.Kinross Gold Corp. (TSX:K). Materials. Up 79 cents, or 7.18 per cent, to $11.79 on 10.6 million shares.Zenabis Global Inc. (TSX:ZENA). Health care. Down half a cent, or 7.69 per cent, to six cents on 8.2 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Down two cents, or 5.56 per cent, to 34 cents on 7.3 million shares.Suncor Energy Inc. (TSX:SU). Energy. Up 36 cents, or 2.16 per cent, to $17.05 on 6.3 million shares. BlackBerry Ltd. (TSX:BB). Technology. Down seven cents, or 1.09 per cent, to $6.36 on 6.3 million shares.Companies in the news: Air Canada. (TSX:AC). Up three cents to $16.04. Canada's flight industry is heartened by signals from the throne speech that federal financial help is on the way but wants to see quick, clear action to support the sector, which has been devastated by the COVID-19 pandemic. The government's speech from the throne Wednesday pledged "further support for industries that have been the hardest hit, including travel and tourism." The National Airlines Council of Canada says federal authorities need to "immediately come forward with a coherent and concrete plan to support the industry and allow its recovery." Passenger numbers are down 94 per cent from 2019, "with aviation still at Stage 0 in its recovery" amid ongoing travel restrictions, said the trade group, which represents Air Canada, WestJet Airlines Ltd., Air Transat and Jazz Aviation.BlackBerry Ltd. — BlackBerry Ltd. reported a loss of US$23 million in its latest quarter as its revenue grew six per cent compared with a year ago. The security software and services company, which keeps its books in U.S. dollars, says the loss amounted to four cents per diluted share for the quarter ended Aug. 31. The result compared with a loss of US$44 million or 10 cents per diluted share a year earlier. Revenue for what was the company's second quarter totalled US$259 million, up from US$244 million in the same quarter last year and US$206 million in its first quarter. BlackBerry says its non-GAAP earnings amounted to 11 cents per share for the quarter.CI Financial Corp. (TSX:CIX). Down 21 cents or 1.2 per cent to $16.98. CI Financial Corp. and its Assante Wealth Management (Canada) Ltd. subsidiary have signed a deal to acquire a minority share in Assante's operation in Dorval, Que. The companies say it's the first direct equity investment in a regional or local operation for Assante, as the offices are typically owned by an adviser or adviser team. Financial terms of the agreement were not immediately available. Assante Dorval provides wealth planning services to clients across Quebec. It has 59 licensed financial advisers and also serves as Assante's Quebec regional corporate office. CI has made a series of acquisitions this year to grow its wealth management business in Canada and the U.S.This report by The Canadian Press was first published Sept. 24, 2020.The Canadian Press
TORONTO, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (“Just Energy” or the “Company”) (TSX:JE; NYSE:JE), a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers, today announced that it received the approval from the United States’ Federal Energy Regulatory Commission (the “FERC”) of the Company’s previously announced plan of arrangement (the “Recapitalization Transaction”). The Company has obtained all necessary approvals and may now proceed with the closure of the Recapitalization Transaction. The Company expects to close the Recapitalization Transaction on or about September 28, 2020. About Just Energy Group Inc.Just Energy is a consumer company focused on essential needs, including electricity and natural gas health and well-being, such as water quality and filtration devices; and utility conservation, bringing energy efficient solutions and renewable energy options to consumers. Currently operating in the United States and Canada, Just Energy serves residential and commercial customers. Just Energy is the parent company of Amigo Energy, EdgePower Inc., Filter Group Inc., Hudson Energy, Interactive Energy Group, Tara Energy, and TerraPass. Visit https://investors.justenergy.com/ to learn more. Also, find us on Facebook and follow us on Twitter.FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements. These statements are based on current expectations that involve a number of risks and uncertainties which could cause actual results to differ from those anticipated. These statements are based on current expectations that involve several risks and uncertainties which could cause actual results to differ from those anticipated. These risks include, but are not limited to, risks with respect to raising new equity capital and the exchange of debt; the proposed recapitalization transaction resulting in a financially stronger Company; reducing the Company’s existing debt and interest expense (including the amounts thereof); proceedings under the CBCA; implementing a Plan of Arrangement; issuing new equity; the allocation of any new equity; addressing certain obligations as part of a proposed recapitalization transaction; risks associated with the proposed recapitalization transaction, including the inability to complete a proposed recapitalization transaction or complete a proposed recapitalization transaction in a timely or efficient manner; the inability to reduce the Company’s debt and/or interest payments, proceedings under the CBCA; issuing and allocating new equity including the dilution of the Company’s outstanding common shares; the value of existing equity following the completion of a recapitalization; the impact of the evolving COVID-19 pandemic on the Company’s business, operations and sales; reliance on suppliers; uncertainties relating to the ultimate spread, severity and duration of COVID-19 and related adverse effects on the economies and financial markets of countries in which the Company operates; the ability of the Company to successfully implement its business continuity plans with respect to the COVID-19 pandemic; the Company’s ability to access sufficient capital to provide liquidity to manage its cash flow requirements; general economic, business and market conditions; the ability of management to execute its business plan; levels of customer natural gas and electricity consumption; extreme weather conditions; rates of customer additions and renewals; customer credit risk; rates of customer attrition; fluctuations in natural gas and electricity prices; interest and exchange rates; actions taken by governmental authorities including energy marketing regulation; increases in taxes and changes in government regulations and incentive programs; changes in regulatory regimes; results of litigation and decisions by regulatory authorities; competition; the performance of acquired companies and dependence on certain suppliers. Additional information on these and other factors that could affect Just Energy’s operations, financial results or dividend levels are included in Just Energy’s annual information form and other reports on file with Canadian securities regulatory authorities which can be accessed through the SEDAR website at www.sedar.com on the U.S. Securities and Exchange Commission’s website at www.sec.gov or through Just Energy’s website at www.justenergygroup.com.Neither the Toronto Stock Exchange nor the New York Stock Exchange has approved nor disapproved of the information contained herein.FOR FURTHER INFORMATION PLEASE CONTACT: Jim Brown Chief Financial Officer Just Energy 713-544-8191 email@example.comInvestors Michael Cummings Alpha IR Phone: (617) 982-0475 JE@alpha-ir.comMedia Boyd Erman Longview Communications Phone: 416-523-5885 firstname.lastname@example.orgSource: Just Energy Group Inc.
TORONTO, Sept. 24, 2020 /CNW/ - Trading resumes in: Company: Just Energy Group Inc.