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Shares of Newmont Corp. shed 5.7% to $45.33 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.7% to 6,013.13 and Dow Jones Industrial Average falling 1.7% to 43,428.02.
Newmont Corp. closed 22.8% below its 52-week high of $58.72, which the company achieved on October 22nd.
The stock underperformed when compared to some of its competitors, as Royal Gold Inc. fell 2.5% to $148.45.
Trading volume totaled 17.1 million, compared to the 50-day average of 9.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 21, 2025 16:35 ET (21:35 GMT)
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