Shares of Newmont Corp. /zigman2/quotes/205356474/composite NEM -1.14% shed 0.30% to $56.35 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.34% rising 0.81% to 4,441.67 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.10% rising 0.65% to 35,120.08. This was the stock's fourth consecutive day of losses. Newmont Corp. closed $18.96 below its 52-week high ($75.31), which the company reached on May 19th.
The stock underperformed when compared to some of its competitors Friday, as Barrick Gold Corp. /zigman2/quotes/201432642/composite GOLD -0.31% rose 0.52% to $19.23, Freeport-McMoRan Inc. /zigman2/quotes/200215692/composite FCX -0.26% rose 1.17% to $32.80, and Agnico Eagle Mines Ltd. /zigman2/quotes/200957337/composite AEM -1.50% rose 0.30% to $56.12. Trading volume (4.1 M) remained 1.9 million below its 50-day average volume of 6.0 M.