Iamgold (NYSE:IAG) has outperformed the market over the past 5 years by 41.86% on an annualized basis producing an average annual return of 52.89%. Currently, Iamgold has a market capitalization of $11.27 billion.
Buying $1000 In IAG: If an investor had bought $1000 of IAG stock 5 years ago, it would be worth $8,039.58 today based on a price of $19.74 for IAG at the time of writing.
Iamgold’s Performance Over Last 5 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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