Newmont (NYSE:NEM) has outperformed the market over the past 10 years by 2.94% on an annualized basis producing an average annual return of 16.93%. Currently, Newmont has a market capitalization of $131.58 billion.
Buying $1000 In NEM: If an investor had bought $1000 of NEM stock 10 years ago, it would be worth $4,607.38 today based on a price of $120.58 for NEM at the time of writing.
Newmont’s Performance Over Last 10 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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