2 Mining Giants Bouncing Back After Safe Haven Selloff
Commodity stocks are bouncing back after yesterday's steep bout of profit taking. As of today, gold-mining giant Newmont Corporation (NYSE:NEM) is up 1.7% to trade at $101.48. Meanwhile, metals producer Hecla Mining Co (NYSE:HL) is charging 2% higher to trade at $19.55, at last check.After suffering from a late-October pullback that took the shares below $80, Newmont stock bounced back and set a record high of $106.34 on Dec. 26. This comes in nearly triple the share's 52-week low of $36.86, set one year ag ...