If You Invested $100 In This Stock 10 Years Ago, You Would Have This Much Today

Newmont NEM has outperformed the market over the past 10 years by 2.71% on an annualized basis producing an average annual return of 14.47%. Currently, Newmont has a market capitalization of $69.73 billion.

Buying $100 In NEM: If an investor had bought $100 of NEM stock 10 years ago, it would be worth $385.78 today based on a price of $63.48 for NEM at the time of writing.

Newmont's Performance Over Last 10 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.