Shares of Newmont Corp. /zigman2/quotes/205356474/composite NEM -4.55% shed 3.95% to $55.43 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.98% falling 0.16% to 4,473.75 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.68% falling 0.18% to 34,751.32. The stock's fall snapped a three-day winning streak. Newmont Corp. closed $19.88 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 Thursday, as Barrick Gold Corp. /zigman2/quotes/201432642/composite GOLD -2.32% fell 4.39% to $18.51, Freeport-McMoRan Inc. /zigman2/quotes/200215692/composite FCX +2.97% fell 6.64% to $34.30, and Agnico Eagle Mines Ltd. /zigman2/quotes/200957337/composite AEM -2.34% fell 3.79% to $53.83. Trading volume (8.2 M) eclipsed its 50-day average volume of 5.0 M.