Freeport-McMoRan FCX has outperformed the market by 9.31% on an annualized basis over the past 5 years and has produced an average annual return of 18.92%. Currently, Freeport-McMoRan has a market cap of $58.96 billion.
Buying $1000 in FCX: If an investor bought $1000 worth of FCX stock 5 years ago, it would be worth it $2,274.99 today based on a price of $41.21 for FCX at the time of writing.
Freeport-McMoRan’s performance over the last 5 years
Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound returns can make in your cash growth over a period of time.
This article was created by Benzinga’s automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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