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Shares of Newmont Corp. (NEM) inched 0.08% higher to $65.50 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.02% to 4,088.85 and the Dow Jones Industrial Average rising 1.34% to 32,654.59. This was the stock's second consecutive day of gains. Newmont Corp. closed $20.87 short of its 52-week high ($86.37), which the company reached on April 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Barrick Gold Corp. (ABX.T) fell 0.24% to $20.47, Freeport-McMoRan Inc. (FCX) rose 7.08% to $37.64, and Agnico Eagle Mines Ltd. (AEM.T) rose 0.87% to $52.10. Trading volume (4.2 M) remained 3.5 million below its 50-day average volume of 7.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.
(END) Dow Jones Newswires
May 17, 2022 17:10 ET (21:10 GMT)
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