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$1000 Invested In Freeport-McMoRan 5 Years Ago Would Be Worth This Much Today

Benzinga Real-time News ·  Aug 17, 2022 03:25

 

Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 5 years by 4.15% on an annualized basis producing an average annual return of 16.19%. Currently, Freeport-McMoRan has a market capitalization of $44.57 billion.

Buying $1000 In FCX: If an investor had bought $1000 of FCX stock 5 years ago, it would be worth $2,203.89 today based on a price of $31.18 for FCX at the time of writing.

Freeport-McMoRan's Performance Over Last 5 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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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