The share price of the world’s largest gold mining company, Newmont Goldcorp, slumped on Tuesday, after the Denver-based miner lowered its guidance for 2019 to 6.3-million ounces, from a previous guidance of 6.5-million ounces.
The company’s stock in New York fell as much as 5.8% to $36.64 a share, before closing 3.4% lower at $37.55 apiece.