Newmont Corp Shares Slip Below Key Moving Average
In trading on Monday, shares of Newmont Corp (Symbol: NEM) dipped below their 200-day moving average of $43.60, reaching a low of $42.72 per share. Currently, Newmont Corp shares are down approximately 4.7% for the day. The chart below illustrates the one-year performance of NEM shares compared to its 200-day moving average:
From the chart, it is clear that NEM’s 52-week low is $29.42 per share, while its 52-week high stands at $58.72. The most recent trading price is noted at $42.59. The DMA information for NEM was sourced from TechnicalAnalysisChannel.com.
Click here to see which 9 other metals stocks have recently crossed below their 200-day moving average »
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The views and opinions expressed herein are the author’s own and do not necessarily reflect those of Nasdaq, Inc.
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