Here are the most active stocks on Wednesday mid-morning on the TSX and TSX Venture Exchange.
On Wednesday, the top TSX mover was
Air Canada (
TSX: T.AC.B,
Stock Forum). It slipped 14.1% and was trading at $6.72 on volume of 9.0 million shares.
The airliner said its full-year adjusted earnings were a company record $340 million, or $1.20 per share – six-times higher than in 2012.
Delphi Energy Corp. (
TSX: T.DEE,
Stock Forum) was the second most active stock on the TSX. The stock was up 5.3% and trading at $2.39 on volume of 5.9 million.
Today, the energy company reported increased
crude oil and natural gas reserves information for the year ended Dec. 31, 2013.
Renegade Petroleum Ltd. (
TSX: V.RPL,
Stock Forum) was the volume leader on the TSX Venture Exchange. It was up 1.5% and was trading at $1.32 on volume of 21.2 million.
On February 11,
Alexander Energy Ltd. (
TSX: V.ALX,
Stock Forum) and Renegade announced that they had entered into an agreement that provides for the
combination of the companies to create a premier light oil focused high-growth company.
The second most active stock on the TSX Venture was
Noble Mineral Exploration Inc. (
TSX: V.NOB,
Stock Forum) It gained 16.7% and was trading at $0.035 after 4.7 million shares changed hands.
Today, the junior announced it is proceeding with the proposed
sale of the surface rights and timber rights of Block A of Project 81, located in the Timmins area of Northern Ontario. The purchaser, Resource Land Holdings, LLC, will pay $6.8 million for the rights.