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Shares of Newmont Corp. (NEM) inched 0.75% higher to $69.54 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.95% to 3,978.73 and the Dow Jones Industrial Average rising 0.60% to 32,120.28. This was the stock's fifth consecutive day of gains. Newmont Corp. closed $16.83 below 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 Wednesday, as Barrick Gold Corp. (ABX.T) fell 0.28% to $21.25, Freeport-McMoRan Inc. (FCX) rose 0.93% to $37.83, and Agnico Eagle Mines Ltd. (AEM.T) fell 0.42% to $54.81. Trading volume (8.6 M) eclipsed its 50-day average volume of 7.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2022.
(END) Dow Jones Newswires
May 25, 2022 17:10 ET (21:10 GMT)
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