Shares of Newmont Corp. (NYS:NEM) rose 2.75% to $58.19 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 0.88% to 4,509.37 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.69% to 35,455.80. The stock's rise snapped a three-day losing streak. Newmont Corp. closed $17.12 below 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 Friday, as Barrick Gold Corp. (NYS:GOLD) rose 2.58% to $20.24, Freeport-McMoRan Inc. (NYS:FCX) rose 5.88% to $36.57, and Agnico Eagle Mines Ltd. (NYS:AEM) rose 3.63% to $58.57. Trading volume (5.0 M) remained 473,137 below its 50-day average volume of 5.5 M.