On Friday, the top TSX mover was Air Canada (TSX: T.AC.B, Stock Forum). The stock lost 3.8% and was trading at $2.77 on volume of 3.5 million.
Today the airline reported a net loss of $260 million versus a net loss of $274 million in the first quarter of 2012.
Capstone Mining Corp. (TSX: T.CS, Stock Forum) was the second most active stock on the TSX. It was up 3.7% and was trading at $2.22 on volume of 3 million shares.
On April 28, the base metals mining company announced that it had entered into a definitive agreement with BHP Copper Inc., a subsidiary of BHP Billiton Ltd. (NYSE: BHP), to purchase the Pinto Valley copper mining operation, located 125 kilometres east of Phoenix, and the associated San Manuel Arizona Railroad company in Arizona, USA for US$650 million.
Aldrin Resource Corp. (TSX: V.ALN, Stock Forum) was the volume leader on the TSX Venture Exchange. It soared 72.7% and was trading at $0.095 on volume of 2.5 million.
On April 15, the mineral exploration said it may earn 70% on the 12,001-hectare Triple M uranium property nine kilometres south and 11 kilometres west of the Patterson Lake South uranium discovery, located in Saskatchewan within the Athabasca Basin, by paying $1.5 million, issuing 12.5 million shares and spending $4 million over four years.
The second most active stock on the TSX Venture was ShaMaran Petroleum Corp. (TSX: V.SNM, Stock Forum). It rose 3% and was trading at $0.33 after 1.8 million shares changed hands.
On April 15, the oil development and exploration company reported that it had granted an aggregate of 5.64 million incentive stock options to certain senior officers, directors and other eligible persons of the company.
The options are exercisable, subject to vesting provisions, over a period of five years at a price of $0.36 per share.