Shares of Newmont Corp. /zigman2/quotes/205356474/composite NEM +0.52% slipped 2.33% to $58.28 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.47% falling 0.34% to 4,520.03 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.18% falling 0.76% to 35,100.00. The stock's fall snapped a two-day winning streak. Newmont Corp. closed $17.03 short of its 52-week high ($75.31), which the company achieved on May 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Barrick Gold Corp. /zigman2/quotes/201432642/composite GOLD +0.36% fell 2.22% to $19.85, Freeport-McMoRan Inc. /zigman2/quotes/200215692/composite FCX +4.43% rose 0.61% to $36.36, and Agnico Eagle Mines Ltd. /zigman2/quotes/200957337/composite AEM +1.26% fell 3.14% to $57.02. Trading volume (6.1 M) eclipsed its 50-day average volume of 5.1 M.