Shares of Newmont Corp. /zigman2/quotes/205356474/composite NEM +0.07% rose 1.64% to $59.67 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.17% falling 0.03% to 4,535.43 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.10% falling 0.21% to 35,369.09. This was the stock's second consecutive day of gains. Newmont Corp. closed $15.64 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 Friday, as Barrick Gold Corp. /zigman2/quotes/201432642/composite GOLD +0.60% rose 2.16% to $20.30, Freeport-McMoRan Inc. /zigman2/quotes/200215692/composite FCX -1.16% fell 0.36% to $36.14, and Agnico Eagle Mines Ltd. /zigman2/quotes/200957337/composite AEM +0.39% rose 2.15% to $58.87. Trading volume (8.1 M) eclipsed its 50-day average volume of 5.2 M.