Iamgold (NYSE:IAG) has outperformed the market over the past 10 years by 3.97% on an annualized basis producing an average annual return of 17.5%. Currently, Iamgold has a market capitalization of $11.96 billion.
Buying $100 In IAG: If an investor had bought $100 of IAG stock 10 years ago, it would be worth $494.47 today based on a price of $20.94 for IAG at the time of writing.
Iamgold’s Performance Over Last 10 Years
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.
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