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Shares of Newmont Corp. (NEM) slipped 0.65% to $62.68 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.46% to 3,789.99 and the Dow Jones Industrial Average rising 1.00% to 30,668.53. This was the stock's third consecutive day of losses. Newmont Corp. closed $23.69 below its 52-week high ($86.37), which the company achieved on April 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Barrick Gold Corp. (ABX.T) rose 0.46% to $19.56, Freeport-McMoRan Inc. (FCX) rose 0.22% to $36.90, and Agnico Eagle Mines Ltd. (AEM.T) rose 1.36% to $49.22. Trading volume (6.3 M) remained 15,694 below its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 15, 2022.
(END) Dow Jones Newswires
June 15, 2022 17:09 ET (21:09 GMT)
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