On Thursday, the top TSX mover was Bombardier Inc. (TSX: T.BBD.B, Stock Forum). The stock fell 1.16% and was trading at $3.41 on volume of 6 million. On Nov. 7, the transportation manufacturer said revenue fell to $4.3 billion, compared to $4.6 billion last fiscal year in its third-quarter results.
Kinross Gold Corp. (TSX: T.K, Stock Forum) was the second most active stock on the TSX. It rose 6.42% and was trading at $9.94 on volume of 5.9 million shares. On Oct. 31, the gold-focused company said Tony Giardini would be appointed Executive Vice-President and Chief Financial Officer beginning Dec. 1, 2012.
Canadian Imperial Venture Corp. (TSX: V.CQV, Stock Forum) was the volume leader on the TSX Venture Exchange. It was up 50% and was trading at $0.015 on volume of 8.7 million. The independent energy company had no news to explain the high volume in trading.
The second most active stock on the TSX Venture was Andina Minerals (TSX: V.ADM, Stock Forum). It soared 93.75% and was trading at $0.775 after 8.6 million shares changed hands. The exploration and development company said it had agreed to a friendly business combination with Hochschild Mining Plc (OTO: HCHDF, Stock Forum), whereby Hochschild has agreed to purchase all of the outstanding common shares of Andina at a price of $0.80 per share.