First Quantum, Royal Bank, Yamana Gold: Canadian Equity Preview

Shares of the following companies may have unusual moves in Canadian trading.

Antares Minerals Inc. (ANM CN) and First Quantum Minerals Ltd. (FM CT): First Quantum, Canada’s second-largest publicly traded copper producer, said it agreed to buy Antares Minerals Inc., owner of the Haquira copper project in Peru, in a deal the companies valued at about C$460 million ($451 million).

Royal Bank of Canada (RY CT): Canada’s largest bank agreed to buy fixed-income money manager BlueBay Asset Management Plc of London for 963 million pounds ($1.5 billion) in cash.

Yamana Gold Inc. (YRI CT): The country’s fourth-biggest gold producer had its rating cut to “sector perform” from “sector outperform” by Trevor Turnbull, an analyst at Bank of Nova Scotia.

To contact the reporter on this story; Matt Walcoff in Toronto at mwalcoff1@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net

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