Agnico Eagle Mines (NYSE:AEM) has outperformed the market over the past 20 years by 1.17% on an annualized basis producing an average annual return of 9.52%. Currently, Agnico Eagle Mines has a market capitalization of $41.72 billion.
Buying $100 In AEM: If an investor had bought $100 of AEM stock 20 years ago, it would be worth $636.72 today based on a price of $83.27 for AEM at the time of writing.
Agnico Eagle Mines'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.