Centerra Gold Inc is trading at $17.21 (up 6.6%) following a positive update regarding its stake in Kenorland Minerals and a broader risk-on move across global equity markets.
- The stock is extending its recovery from an early-June pullback as investors rotate into cyclical sectors and gold-related names.
- Broader market sentiment is being bolstered by easing geopolitical tensions and lower oil prices, which are lifting risk assets globally.