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TSX Movers: Suncor, Altus, New Gold

TSX Movers: Suncor, Altus, New Gold

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses Suncor's operations, highlighting its efforts to restart oil sands operations affected by Alberta wildfires and its potential increase in output due to acquisitions. It also covers Altus Group's significant stock slide following the unexpected departure of a key executive, with analysts suggesting minimal long-term impact. Finally, it addresses New Gold's stock downgrade due to rising expenses and operational costs, impacting its financial outlook.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected increase in Suncor's upstream output due to its strategic acquisitions?

150,000 barrels a day

50,000 barrels a day

75,000 barrels a day

100,000 barrels a day

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for the drop in Altus Group's shares?

New competitor in the market

A decline in real estate market

Unexpected departure of a key executive

Poor quarterly earnings

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company's stock was downgraded to 'sell' by Dundee?

Suncor

Altus Group

New Gold

Murphy Oil

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What concern did analysts express about New Gold's future?

Decreasing demand for gold

Lack of new projects

Environmental regulations

Rising capital expenses and operating costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which project is associated with New Gold's concerns?

Murphy Project

Canadian Oil Sands Project

Syncrude Project

Rainy River Project

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