Agnico Eagle Mines (NYSE:AEM) has outperformed the market over the previous 20 years by 4.02% on an annualized foundation producing a mean annual return of 12.99%. At the moment, Agnico Eagle Mines has a market capitalization of $84.74 billion.
Shopping for $1000 In AEM: If an investor had purchased $1000 of AEM inventory 20 years in the past, it might be value $11,895.55 at the moment based mostly on a worth of $168.68 for AEM on the time of writing.
Agnico Eagle Mines’s Efficiency Over Final 20 Years
Lastly — what is the level of all this? The important thing perception to take from this text is to notice how a lot of a distinction compounded returns could make in your money development over a time frame.
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