Wheaton Precious Metals (NYSE:WPM) has outperformed the market over the past 5 years by 3.08% on an annualized basis producing an average annual return of 16.01%. Currently, Wheaton Precious Metals has a market capitalization of $37.43 billion.
Buying $1000 In WPM: If an investor had bought $1000 of WPM stock 5 years ago, it would be worth $2,106.51 today based on a price of $82.50 for WPM at the time of writing.
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.