Newmont (NYSE:NEM) has outperformed the market over the past 5 years by 5.74% on an annualized basis.
Buying $100 In NEM: 5 years ago, an investor could have purchased 3.03 shares of Newmont at the time with $100. This investment in NEM would have produced an average annual return of 18.13%. Currently, Newmont has a market capitalization of $59.04 billion.
Newmont's Share Price Over Last 5 Years
This $100 investment would be worth $225.65 today based on a price of $74.50 for NEM at the time of writing.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
