NEM Newmont Corporation

Newmont Mining Corporation (NEM) closed at $32.72, up $2.16, or 7.07%

-- Highest close since Aug. 14 when it closed at $33.94

-- Largest percent increase since Dec. 29, 2016, when it rose 7.6%

On Thursday, Newmont shares gained along with other mining firms as front-month Comex gold for October delivery gained $34.20 per troy ounce

-- On Wednesday, Barclays initiated coverage on Newmont with an overweight rating and a $34.00/share price target, Benzinga reported

-- Up 8.34% month-to-date

-- Down 12.79% year-to-date; on pace for worst year since 2014 when it fell 17.93%

-- Down 14.77% from 52 weeks ago (Oct. 12, 2017), when it closed at $38.39

-- Up 7.66% at Thursday's intraday high; largest intraday percent increase since July 25, 2017, when it rose as much as 8.07%

-- Thursday's preliminary volume is 12.3 million shares, highest since Feb. 8 when 13.4 million shares traded

-- Best performer in the S&P 500 Thursday

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 11, 2018 16:59 ET (20:59 GMT)

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