Benzinga | Nov 16, 2021 12:56PM EST

Here's How Much You Would Have Made Owning Southern Copper Stock In The Last 20 Years

Southern Copper (NYSE:SCCO) has outperformed the market over the past 20 years by 12.11% on an annualized basis.

Buying $100 In SCCO: 20 years ago, an investor could have purchased 56.94 shares of Southern Copper at the time with $100. This investment in SCCO would have produced an average annual return of 19.36%. Currently, Southern Copper has a market capitalization of $46.80 billion.

Southern Copper's Share Price Over Last 20 Years

This $100 investment would be worth $5,466.01 today based on a price of $60.54 for SCCO at the time of writing. In other words, you would have more than 50X'd your money.

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.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

This article was generated by Benzinga's automated content engine and reviewed by an editor.