$1000 Invested In Southern Copper 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Southern Copper (NYSE:SCCO) has produced an average annual return of 13.45%, outperforming the market by 2.72% annually. With a current market capitalization of $81.68 billion, a $1000 investment in SCCO a decade ago would be worth $3,568.05 today. This showcases the significant impact of compounded returns on investment growth over time.
March 28, 2024 | 2:30 pm
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Southern Copper has demonstrated strong performance over the past decade with an average annual return of 13.45%, significantly outperforming the market. This historical performance, coupled with its substantial market capitalization, highlights its potential stability and growth prospects.
The historical performance of Southern Copper, with an average annual return of 13.45% over the past decade, indicates a strong track record of growth and market outperformance. This, combined with its significant market capitalization, suggests a positive outlook for the company's stock in the short term, as investors may view it as a stable and potentially lucrative investment.
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