Wheaton Precious Metals (NYSE:WPM) has outperformed the market over the past 20 years by 7.2% on an annualized basis producing an average annual return of 16.06%. Currently, Wheaton Precious Metals has a market capitalization of $68.98 billion.
Buying $1000 In WPM: If an investor had bought $1000 of WPM stock 20 years ago, it would be worth $19,581.19 today based on a price of $151.94 for WPM at the time of writing.
Wheaton Precious Metals’s Performance Over Last 20 Years
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.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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