Newmont Corp. Stock Rises Tuesday, Still Underperforms Market
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Shares of Newmont Corp. NEM rose 2.21% to $65.17 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 2.45% to 3,764.79 and the Dow Jones Industrial Average DJIA rising 2.15% to 30,530.25. Newmont Corp. closed $21.20 short of its 52-week high ($86.37), which the company reached on April 18th.
The stock outperformed some of its competitors Tuesday, as Barrick Gold Corp. GOLD rose 0.15% to $19.58, Freeport-McMoRan Inc. FCX rose 0.62% to $34.03, and Agnico Eagle Mines Ltd. AEM rose 1.40% to $51.45. Trading volume (7.8 M) eclipsed its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 21, 2022.
(END) Dow Jones Newswires
June 21, 2022 17:09 ET (21:09 GMT)
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