Why Centerra Gold's Stock Is Rising Today

Glittering brightly in investors' eyes, shares of Centerra Gold (NYSE: CGAU) are soaring -- again -- today. The gold mining stock ripped higher yesterday as investors reacted to the election results in Turkey, while today, the market is motivated to pick up shares after the company received an important environmental approval.

But that's not all. An analyst's bullish take on the stock is also helping to push the stock higher. 

Centerra Gold's stock is up 8% as of 12:07 p.m. ET, having come down from its earlier rise of 15.2%.

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Source Fool.com