Here's How Much You Would Have Made Owning Newmont Stock In The Last 5 Years

Newmont (NYSE:NEM) has outperformed the market over the past 5 years by 4.53% on an annualized basis producing an average annual return of 18.76%. Currently, Newmont has a market capitalization of $64.01 billion.

Buying $1000 In NEM: If an investor had bought $1000 of NEM stock 5 years ago, it would be worth $2,383.30 today based on a price of $80.77 for NEM at the time of writing.

Newmont's Performance Over Last 5 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.