Southern Copper (NYSE:SCCO) has outperformed the market over the past 20 years by 9.07% on an annualized basis producing an average annual return of 16.23%. Currently, Southern Copper has a market capitalization of $38.71 billion.
Buying $1000 In SCCO: If an investor had bought $1000 of SCCO stock 20 years ago, it would be worth $20,714.19 today based on a price of $50.07 for SCCO at the time of writing.
Southern Copper’s Performance Over Last 20 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.