Centerra Gold Inc. is trading 4.2% up at $16.28, supported by a modest rebound in the precious metals sector following a sharp pullback earlier in the week.
- The company announced it has exercised its 'top-up right' to maintain its 9.9% ownership stake in mineral exploration company Kenorland Minerals Ltd.
- This involves Centerra purchasing 155,624 Kenorland shares for a total of approximately $332,000 to retain its interest level.