Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,411.63, down 70.99 points):
Orbite Technologies Inc. (TSX:ORT). Miner. Down half-a-cent, or 1.06 per cent, to 46.5 cents on seven million shares.
Surge Energy Inc. (TSX:SGY). Oil and gas. Down 18 cents, or 6.23 per cent, to $2.71 on 6.8 million shares.
Amaya Inc. (TSX:AYA). Online gaming. Down $10.13, or 32.44 per cent, to $21.10 on 6.4 million shares. The company that runs the PokerStars online gambling business is lowering its financial expectations for 2015, in part because the stronger U.S. dollar has sapped the purchasing strength of its customers and eaten into revenue. Amaya chairman and CEO David Baazov also said that the Montreal-based company has delayed the rollout of “significant aspects” of its new online sportsbook while it makes enhancements and completes the product.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down five cents, or 3.33 per cent, to $1.45 on 5.4 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Down 37 cents, or 3.47 per cent, to $10.30 on 5.1 million shares.
First Quantum Minerals Ltd. (TSX:FM). Miner. Down 44 cents, or 6.62 per cent, to $6.21 on five million shares.
Companies reporting major news:
Valeant Pharmaceuticals International Inc. (TSX:VRX). Pharmaceutical. Down $2.48, or 2.19 per cent, to $110.76 on 770,245 shares. The CEO of Valeant Pharmaceuticals vowed Tuesday to listen more to patients and critics as he tried to reassure investors that the company will survive the intense scrutiny that has sullied its reputation and taken a huge bite out of its value.