Shares of Newmont Corp. /zigman2/quotes/205356474/composite NEM -1.28% shed 0.99% to $56.91 Wednesday, 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 +0.75% rising 0.22% to 4,496.19 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% rising 0.11% to 35,405.50. This was the stock's second consecutive day of losses. Newmont Corp. closed $18.40 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 Wednesday, as Barrick Gold Corp. /zigman2/quotes/201432642/composite GOLD -2.25% fell 1.34% to $19.85, Freeport-McMoRan Inc. /zigman2/quotes/200215692/composite FCX +4.07% fell 0.28% to $35.11, and Agnico Eagle Mines Ltd. /zigman2/quotes/200957337/composite AEM -0.79% fell 1.85% to $57.20. Trading volume (3.9 M) remained 2.0 million below its 50-day average volume of 5.9 M.