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NEW YORK ( TheStreet) -- Newmont Mining Corporation (NYSE: NEM) hit a new 52-week low Tuesday as it is currently trading at $26.91, below its previous 52-week low of $26.97 with two million shares traded as of 9:46 a.m. ET. Average volume has been 9.3 million shares over the past 30 days. Newmont has a market cap of $13.68 billion and is part of the basic materials sector and metals & mining industry. Shares are down 41.8% year to date as of the close of trading on Monday. Newmont Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, and production of gold and copper properties. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, Mexico, and New Zealand.