Newmont Corp. Stock Climbs 6.7%, Outperforms Market
Dow Jones2026/08/05 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Newmont Corp. advanced 6.7% to $104.29 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.5% to 54,349.12 and the S&P 500 Index falling 0.2% to 7,723.55.
This was the stock's third consecutive day of gains.
Newmont Corp. closed 22.7% short of its 52-week high of $134.88, which the company achieved on January 29th.
The stock outperformed some of its peers, as Royal Gold Inc. rose 4.4% to $215.09.
Trading volume totaled 9.5 million, compared to the 50-day average of 8.1 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 05, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
OpenAI is expected to burn over $278 billion in cash by 2030, with a revenue target of $350 billion over the same period.
OpenAI is expected to generate up to $278 billion in negative free cash flow over the next five years, driven solely by computing power and infrastructure, with cumulative spending projected to reach approximately $856 billion by 2030. The company anticipates revenue of $350 billion in 2030 and $36 billion in 2026, with total revenue from 2026 to 2030 amounting to around $840 billion.
Garrett Jin's ZEC short position has an unrealized loss of $33.422 million.
Big iron ore miners deplete reserves faster than they replace