Here's How Much You Would Have Made Owning Southern Copper Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Southern Copper (NYSE:SCCO) has produced an average annual return of 11.8%, outperforming the market by 1.99% on an annualized basis. With a current market capitalization of $55.93 billion, a $1000 investment in SCCO a decade ago would be worth $3,023.20 today. The article highlights the impact of compounded returns on investment growth over time.
December 01, 2023 | 4:00 pm
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Southern Copper has shown strong performance with an 11.8% average annual return over the past decade, significantly growing a $1000 investment to $3,023.20.
The article directly relates to Southern Copper's stock performance over the past decade, emphasizing its strong returns which are likely to instill investor confidence and could positively influence the stock price in the short term. The historical performance data provided is a key indicator of the company's stability and growth, which is important for investors.
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