Southern Copper (NYSE:SCCO) has outperformed the market over the past 10 years by 2.4% on an annualized basis producing an average annual return of 13.36%. Currently, Southern Copper has a market capitalization of $90.01 billion.
Buying $1000 In SCCO: If an investor had bought $1000 of SCCO stock 10 years ago, it would be worth $3,523.32 today based on a price of $115.23 for SCCO at the time of writing.
Southern Copper's Performance Over Last 10 Years
![1721073645_0.png](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240716/40784521-0-c97b39f871b8a2110b8ab49c931bd491.png/big)
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.