Newmont Mining To 8-Week Closing High

7 Stocks You Need To Know For Tomorrow -- Free Newsletter

(RTTNews) - Shares of Newmont Mining (NEM | charts | news | PowerRating) jumped more than 7% on Wednesday as the mining company gained with the price of gold jumping to a 20-year high. The stock gapped open slightly higher and continued to increase for most of the day. NEM closed at $52.39 up $3.56.

With Wednesday's gains, shares of Newmont Mining moved above resistance to record a nearly 8-week closing high.

For comments and feedback: contact editorial@rttnews.com Copyright(c) 2008 RealTimeTraders.com, Inc. All Rights Reserved

Morning Coffee with TradingMarkets -- Free Newsletter

More News:   Market Updates | Stock Alerts | All Trading News | Stock Index