Shares of Newmont Corp. /zigman2/quotes/205356474/composite NEM -1.53% rallied 5.50% to $63.86 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.12% falling 1.90% to 4,418.64 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.17% falling 1.43% to 34,738.06. The stock's rise snapped a two-day losing streak. Newmont Corp. closed $11.45 short of its 52-week high ($75.31), which the company reached on May 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Barrick Gold Corp. /zigman2/quotes/201432642/composite GOLD -0.85% rose 7.15% to $20.68, Freeport-McMoRan Inc. /zigman2/quotes/200215692/composite FCX -0.33% fell 2.53% to $42.80, and Agnico Eagle Mines Ltd. /zigman2/quotes/200957337/composite AEM -2.44% rose 5.40% to $49.74. Trading volume (9.7 M) eclipsed its 50-day average volume of 7.3 M.