|Bid||5.99 x 0|
|Ask||6.00 x 0|
|Day's Range||5.99 - 5.99|
|52 Week Range||5.99 - 5.99|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
If you've never heard of Morneau Shepell Inc. (TSX:MSI), you may want to see the dividend it pays. Is it a better buy than one other growth stock?
Canadian mergers-and-acquisitions activity nearly doubled in the third quarter, fueled by deals in the mining, real estate and cannabis sectors, according to Thomson Reuters data released on Thursday. ...
Canada's Lundin Mining Corp (Toronto:LUN.TO - News) is on the hunt for copper mines and projects and willing to spend up to $3 billion on mergers and acquisitions, its incoming chief executive officer said in an interview on Thursday. The base metal miner was recently outbid by China's Zijin Mining Group (Shanghai:601899.SS - News) in its hostile takeover offer for Nevsun Resources (Toronto:NSU.TO - News). Inkster, Lundin's Chief Financial Officer since 2009, said the news should not have surprised those who know the company, noting that Conibear had named her as his successor at an internal meeting two years ago.
Lundin made five informal proposals and took a C$1.4 billion bid made directly to shareholders in July, all of which were rejected as inadequate by Nevsun. Lundin, whose bid expires on Nov. 9, said on Thursday that it does not plan to amend any of the terms in its offer. Nevsun is recommending that shareholders accept Zijin's C$6.00 per share cash offer on Wednesday, 26 percent above Lundin's C$4.75 a share cash bid.
Canada's Nevsun Resources Ltd has agreed to a buyout bid worth C$1.86 billion ($1.41 billion) from China's Zijin Mining Group Co, the companies said on Wednesday, in a deal trumping Lundin Mining Corp's earlier hostile offer. Zijin, which also has ventures with Canada's Barrick Gold and Ivanhoe Mines, said it plans to rapidly develop Nevsun's high-grade Timok copper project in Serbia and extend the life of an Eritrean copper and zinc mine. On Friday, Zijin emerged as the top bidder for a 63 percent stake in Serbian's RTB Bor copper complex, near the Timok deposit, after pledging a $1.26 billion investment in the operation.