Wednesday, February 10, 2016

Torstar, Owner of The Toronto Star - Stock Hits All Time Low, Under $2.00 Per Share

Torstar shares traded between $1.99 and $2.10 today on the TSX an all time low, giving the corporation a total market value of $140 million. The stock reached it's highs in 2004 when it traded at over $30.
Torstar Corporation is a Canada-based media company. The Company has two operating segments: Metroland Media Group (MMG) and Star Media Group (SMG). MMG publishes The Hamilton Spectator, the Waterloo Region Record and the Guelph Mercury, and about 100 weekly community newspapers and has a number of specialty publications, directories, consumer shows and distribution operations, digital properties, including,, and (WagJag). SMG includes the daily Toronto Star newspaper and SMG also includes Free Daily News Group Inc. (Metro English Canada), which publishes the English-language Metro free daily newspapers, and it owns an interest in the Chinese-language Sing Tao Daily and its related publications in Toronto, Vancouver and Calgary. SMG also includes,, other publications and magazines and distribution services, eyeReturn Marketing Inc. and the Company's interests in and Olive Media.
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