11:36 AM EST, 12/20/2024 (MT Newswires) -- (Updates shares.)

Newmont ( NEM ) late on Thursday said its Newmont Canada FN Holdings unit sold 9.5-million shares of Star Diamond ( SHGDF ) in a private-placement transaction that raised $190,000, or $0.02 per share.

The sale pushed Newmont's ( NEM ) stake in Star Diamond ( SHGDF ) down to 9.9% from 11.5%.

Newmont ( NEM ) shares were last seen up $1.79 to $55.03 on the Toronto Stock Exchange.

Price: 54.88, Change: +1.64, Percent Change: +3.08