Freeport-McMoRan FCX has outperformed the market by 6.09% on an annualized basis over the past 5 years and has achieved an average annual return of 16.84%. Currently, Freeport-McMoRan has a market cap of $45.12 billion.
Buying $100 in FCX: If an investor bought $100 worth of FCX stock 5 years ago, it would be worth it $215.80 today based on a price of $31.55 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.