Centerra drops as Kyrgyz gov't reviews Kumtor

摘要

Centerra Gold (CG-T) plunged more than 30% on June 22, as the Kyrgyzstan parliament debated the fate of the company's Kumtor gold project in the country while investors worried about the possibility of Centerra losing its mining licence. After tumbling $4.12 to a two-and-a-half-year low of $7.66 per share, the stock moved up slightly to close at $8.71.