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Shares of Newmont Corp. (NEM) rallied 2.36% to $69.02 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.15% to 31,928.62 and the S&P 500 Index falling 0.81% to 3,941.48. This was the stock's fourth consecutive day of gains. Newmont Corp. closed $17.35 short of its 52-week high ($86.37), which the company achieved on April 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Barrick Gold Corp. (ABX.T) rose 2.80% to $21.31, Freeport-McMoRan Inc. (FCX) fell 2.27% to $37.48, and Agnico Eagle Mines Ltd. (AEM.T) rose 2.38% to $55.04. Trading volume (6.3 M) remained 868,641 below its 50-day average volume of 7.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2022.
(END) Dow Jones Newswires
May 24, 2022 17:09 ET (21:09 GMT)
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