Newmont Corporation stock price tumbles nearly 9% as gold retreats; NEM dividend date in view
Newmont Corp shares fell 8.8% to $117.35 Tuesday, tracking a sharp drop in spot gold, which slid 3.6% to $5,137 an ounce. Spot silver dropped 6.6% to $83.50. Sector peers Agnico Eagle Mines, AngloGold Ashanti, and Kinross Gold also posted steep declines. Newmont will pay a $0.26 quarterly dividend on March 26 to shareholders of record as of March 3.