Here's How Much $100 Invested In Freeport-McMoRan 10 Years Ago Would Be Worth Today

Freeport-McMoRan, Inc.

Freeport-McMoRan, Inc.

FCX

0.00

Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 10 years by 6.0% on an annualized basis producing an average annual return of 18.8%. Currently, Freeport-McMoRan has a market capitalization of $98.94 billion.

Buying $100 In FCX: If an investor had bought $100 of FCX stock 10 years ago, it would be worth $576.19 today based on a price of $68.84 for FCX at the time of writing.

Freeport-McMoRan's Performance Over Last 10 Years

comp_fig

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.