Here's How Much You Would Have Made Owning Newmont Stock In The Last 10 Years

Newmont (NYSE:NEM) has outperformed the market over the past 10 years by 4.8% on an annualized basis producing an average annual return of 17.23%. Currently, Newmont has a market capitalization of $96.04 billion.

Buying $100 In NEM: If an investor had bought $100 of NEM stock 10 years ago, it would be worth $487.67 today based on a price of $88.01 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.