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Rio Tinto (NYSE:RIO) has outperformed the market over the past 5 years by 1.83% on an annualized basis producing an average annual return of 15.29%. Currently, Rio Tinto has a market capitalization of $131.45 billion.
Buying $100 In RIO: If an investor had bought $100 of RIO stock 5 years ago, it would be worth $203.67 today based on a price of $81.12 for RIO at the time of writing.
Rio Tinto's Performance Over Last 5 Years
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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.