Shares of Newmont Corp. NEM, +3.79% rose 3.79% to $78.91 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -1.23% falling 1.23% to 4,456.24 and Dow Jones Industrial Average DJIA, -1.29% falling 1.29% to 34,358.50. Newmont Corp. closed $1.84 short of its 52-week high ($80.75), which the company reached on March 8th.
The stock outperformed some of its competitors Wednesday, as Barrick Gold Corp. GOLD, +1.40% rose 1.40% to $24.57, Freeport-McMoRan Inc. FCX, -0.10% fell 0.10% to $49.81, and Agnico Eagle Mines Ltd. AEM, +2.19% rose 2.19% to $62.64. Trading volume (8.5 M) remained 488,081 below its 50-day average volume of 9.0 M.