Newmont Corp. Stock Underperforms Thursday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Newmont Corp. (NEM) shares fell 1.08% to $94.72 on Thursday, underperforming competitors like Royal Gold Inc. during a broader market decline where the S&P 500 dropped 1.21%. The loss ended a two-day winning streak, with the stock trading 29.77% below its 52-week high of $134.88. Trading volume was lower than the 50-day average.
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Shares of Newmont Corp. (NEM) shed 1.08% to $94.72 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.21% to 7,408.30 and Dow Jones Industrial Average falling 0.97% to 51,711.65.
The stock's fall snapped a two-day winning streak.
Newmont Corp. closed 29.77% short of its 52-week high of $134.88, which the company reached on January 29th.
The stock underperformed when compared to some of its competitors Thursday, as Royal Gold Inc. (RGLD) fell 0.80% to $199.64.
Trading volume (7.1 M) remained 1.2 million below its 50-day average volume of 8.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 23, 2026.
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07-23-26 1639ET
