Here's How Much You Would Have Made Owning Wheaton Precious Metals Stock In The Last 5 Years

Wheaton Precious Metals (NYSE:WPM) has outperformed the market over the past 5 years by 4.91% on an annualized basis producing an average annual return of 18.07%. Currently, Wheaton Precious Metals has a market capitalization of $24.78 billion.

Buying $1000 In WPM: If an investor had bought $1000 of WPM stock 5 years ago, it would be worth $2,330.91 today based on a price of $54.66 for WPM at the time of writing.

Wheaton Precious Metals'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.