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Shares of Newmont Corp. (NEM) shed 0.04% to $67.27 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.75% to 4,101.23 and Dow Jones Industrial Average falling 0.54% to 32,813.23. This was the stock's second consecutive day of losses. Newmont Corp. closed $19.10 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 0.68% to $20.35, Freeport-McMoRan Inc. (FCX) rose 1.43% to $39.64, and Agnico Eagle Mines Ltd. (AEM.T) rose 0.45% to $53.17. Trading volume (4.6 M) remained 1.9 million below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2022.
(END) Dow Jones Newswires
June 01, 2022 17:10 ET (21:10 GMT)
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