Shares of Newmont Corp. /zigman2/quotes/205356474/composite NEM +0.03% slumped 0.29% to $57.56 Wednesday, 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 +0.30% falling 0.13% to 4,514.07 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.02% falling 0.20% to 35,031.07. This was the stock's second consecutive day of losses. Newmont Corp. closed $17.75 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 -0.26% rose 0.05% to $19.86, Freeport-McMoRan Inc. /zigman2/quotes/200215692/composite FCX -1.31% fell 5.47% to $34.37, and Agnico Eagle Mines Ltd. /zigman2/quotes/200957337/composite AEM -0.42% fell 0.09% to $56.97. Trading volume (4.7 M) remained 440,058 below its 50-day average volume of 5.1 M.