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

Newmont Corporation +0.23%

Newmont Corporation

NEM

114.05

+0.23%

Newmont (NYSE:NEM) has outperformed the market over the past 10 years by 6.58% on an annualized basis producing an average annual return of 20.37%. Currently, Newmont has a market capitalization of $139.83 billion.

Buying $1000 In NEM: If an investor had bought $1000 of NEM stock 10 years ago, it would be worth $6,235.52 today based on a price of $128.14 for NEM at the time of writing.

Newmont'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.