Newmont Corp. Stock Rises Monday, Still Underperforms Market

BlackRock Corporate High Yield Fund, Inc

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Newmont Corp. Stock Rises Monday, Still Underperforms Market

5:09 pm ET May 23, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Newmont Corp. (NEM) inched 0.36% higher to $67.43 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.86% to 3,973.75 and the Dow Jones Industrial Average rising 1.98% to 31,880.24. This was the stock's third consecutive day of gains. Newmont Corp. closed $18.94 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 Monday, as Barrick Gold Corp. (ABX.T) fell 0.14% to $20.73, Freeport-McMoRan Inc. (FCX) rose 5.62% to $38.35, and Agnico Eagle Mines Ltd. (AEM.T) fell 0.19% to $53.76. Trading volume (5.4 M) remained 1.7 million below its 50-day average volume of 7.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2022.

(END) Dow Jones Newswires

May 23, 2022 17:09 ET (21:09 GMT)