Newmont Mining Corporation, Barrick Gold Corporation Among Stocks Down on Above-average Volume Wednesday

FOXBusiness

These are stocks that are down on high volume today:

  • Newmont Mining Corporation (NYSE:NEM) was down on high volume after trading at a volume of 13.6 million, or 1.8 its average daily volume. Shares were down 3.6% to $48.53. The stock is down over the last three months, having fallen $13.44 (-21.7%) from $61.97 on January 6, 2012. The stock is trading at 86.8% of its 50-day moving average and 79.7% of its 200-day moving average.

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  • Trading at a volume of 14.8 million, or two its average daily volume, Barrick Gold Corporation (NYSE:ABX) was down on high volume today. Closing at $41.31, shares dropped 3.8%. The stock has been sinking in the last two months, down $7.86 (-16%) from a price of $49.17 on February 6, 2012. The stock is trading at 90.7% of its 50-day moving average and 86.6% of its 200-day moving average.
  • Cummins (NYSE:CMI) traded on a volume of 4.7 million, or two its average daily volume, but its price was down. The stock price declined 3.5%, closing at $115.62. Share price is up 25 cents (0.2%) from $115.37 on March 6, 2012. The stock is trading 9.1% above its 200-day moving average.
  • BP plc (NYSE:BP) was down on high volume, trading with volume of 10.7 million, or 1.7 its average daily volume. Closing at $43.33, shares slipped 2.7%. The stock has been on a downward trajectory over the last two months, decreasing $3.54 (-7.6%) from a price of $46.87 on February 6, 2012. The stock has moved down across its 200-day moving average of $43.72 today.
  • Trading with volume of 6.2 million, or 1.8 its average daily volume, BHP Billiton (NYSE:BHP) saw its price drop on above-normal volume. With a closing price of $69.93, shares dropped 2.6%. Shares are down over the last two months as the price has dropped $11.83 (-14.5%) from a price of $81.76 on February 6, 2012. The stock is trading at 93.8% of its 50-day moving average and 92.5% of its 200-day moving average.
  • Coach (NYSE:COH) experienced a price drop on above-average volume today, with 4.4 million shares, or 1.8 its average daily volume, changing hands. The stock price dropped 1% to $74.72. Shares have been on on the rise over the past three months, climbing $1.60 (2.2%) from a price of $73.12 on March 6, 2012. The stock is trading 10.6% above its 200-day moving average.
  • Texas Instruments Incorporated (NASDAQ:TXN) traded on a volume of 10.2 million, or 1.5 its average daily volume, but its price was down. Shares dropped 1.3% to $32.16.
  • Petroleo Brasileiro (NYSE:PBR.A) was trading down on above-average volume with 13.2 million shares moving, or 1.6 its average daily volume. Closing at $23.80, shares dropped 3.7%. The stock is down over the last two months, having fallen $5.14 (-17.8%) from a price of $28.94 on February 6, 2012. The stock is trading at 88.1% of its 50-day moving average and 91.9% of its 200-day moving average.
  • Trading with volume of 9.6 million, or 2.5 its average daily volume, Suncor Energy (NYSE:SU) saw its price drop on above-normal volume. Shares fell 5% to $31.38. The stock has been dropping in the last two months, down $3.73 (-10.6%) from a price of $35.11 on February 6, 2012. The stock has moved down across its 200-day moving average of $32.07 today.

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