Shares of Newmont Corp. /zigman2/quotes/205356474/composite NEM -1.14% advanced 2.54% to $57.78 Monday, 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 +0.34% rising 0.85% to 4,479.53 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.10% rising 0.61% to 35,335.71. The stock's rise snapped a four-day losing streak. Newmont Corp. closed $17.53 short of its 52-week high ($75.31), which the company reached on May 19th.
The stock underperformed when compared to some of its competitors Monday, as Barrick Gold Corp. /zigman2/quotes/201432642/composite GOLD -0.31% rose 4.78% to $20.15, Freeport-McMoRan Inc. /zigman2/quotes/200215692/composite FCX -0.26% rose 4.27% to $34.20, and Agnico Eagle Mines Ltd. /zigman2/quotes/200957337/composite AEM -1.50% rose 3.74% to $58.22. Trading volume (5.3 M) remained 708,693 below its 50-day average volume of 6.0 M.