Shares of Newmont Corp. /zigman2/quotes/205356474/composite NEM -1.28% inched 0.89% higher to $57.71 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 0.85% to 4,480.70 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% rising 0.68% to 34,814.39. This was the stock's third consecutive day of gains. Newmont Corp. closed $17.60 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 Wednesday, as Barrick Gold Corp. /zigman2/quotes/201432642/composite GOLD -2.25% fell 0.72% to $19.36, Freeport-McMoRan Inc. /zigman2/quotes/200215692/composite FCX +4.07% rose 5.61% to $36.74, and Agnico Eagle Mines Ltd. /zigman2/quotes/200957337/composite AEM -0.79% rose 0.39% to $55.95. Trading volume (4.0 M) remained 1.1 million below its 50-day average volume of 5.0 M.