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DJ Canada Hot Stocks To Watch: Gildan, Teck, Kinross, Onex, Eldorado

Thu. August 13, 2009; Posted: 08:52 AM
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TORONTO, Aug 13, 2009 (Dow Jones Commodities News Select via Comtex) -- GIL | Quote | Chart | News | PowerRating -- Listed below are the stocks expected to move during Thursday's trading session. They are listed with Wednesday's closing prices.

Gildan Activewear Inc.'s (GIL, $16.93, -$0.39, -2.3%) third-quarter earnings fell to 34 cents a share from 45 cents a year earlier. Excluding charges and tax recoveries, it earned 32 cents. The Thomson Reuters mean earnings estimate was 29 cents.

Teck Resources Ltd. (TCK, C$28.67, C$1.00, 3.6%) said there may be a delay in the start-up of its Andacollo copper project in Chile due to challenges to water-supply permits.

Kinross Gold Corp. (KGC, $19.47, $0.14, 0.7%) said second-quarter adjusted earnings rose to 12 cents a share and revenue in the period doubled. It boosted its dividend but cut its 2009 production forecast slightly.

Onex Corp. (OCX.T, C$22.01, C$0.30, 1.4%) reported a 10% drop in revenue and a 20% drop in operating earnings in the second quarter. It also sold part of its stake in Emergency Medical Services Corp. (EMS) in a secondary offering for six times cost.

Eldorado Gold Corp. (EGO, $10.41, -$0.01, -0.1%) has discovered a new zone of mineralization at its Tanjianshan Mine in China.

(MORE TO FOLLOW) Dow Jones Newswires

08-13-09 0852ET

For full details on Gildan Activewear Inc A (GIL) click here. Gildan Activewear Inc A (GIL) has Short Term PowerRatings of 4. Details on Gildan Activewear Inc A (GIL) Short Term PowerRatings is available at This Link.

    


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