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Shares of Newmont Corp. (NEM) inched 0.77% higher to $68.38 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.95% to 4,160.68 and the Dow Jones Industrial Average rising 0.80% to 33,180.14. This was the stock's second consecutive day of gains. Newmont Corp. closed $17.99 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 1.12% to $20.74, Freeport-McMoRan Inc. (FCX) rose 1.43% to $43.39, and Agnico Eagle Mines Ltd. (AEM.T) rose 0.15% to $53.48. Trading volume (3.4 M) remained 2.9 million below its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 7, 2022.
(END) Dow Jones Newswires
June 07, 2022 17:09 ET (21:09 GMT)
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