Investment Interest Boosts European Goldfields

Bloomberg reported that shares of European Goldfields (TSX:EGU) were up on news it may be an acquisition target.

As quoted in the market news:

European Goldfields rose 5 percent to C$13.50 at 9:57 a.m. in Toronto, the highest intraday price since July 11, after the London-based Sunday Times reported yesterday that Centerra offered to buy the company.

Click here to read the full Bloomberg report.