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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/30/2015 |
$8.65 |
$8.89 |
$8.15 |
$8.38 |
74.50K | 03/31/2015 |
$8.16 |
$8.44 |
$8.06 |
$8.20 |
53.00K | 04/01/2015 |
$8.02 |
$8.19 |
$8.02 |
$8.14 |
18.90K | 04/02/2015 |
$8.01 |
$8.05 |
$7.41 |
$7.43 |
70.00K | 04/06/2015 |
$7.40 |
$8.10 |
$7.36 |
$8.10 |
54.90K |
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Great Northern Iron Ore Properties is a conventional nonvoting trust that owns interests in fee, both mineral and nonmineral lands, on the Mesabi Iron Range in northeastern Minnesota. Co. is involved primarily with the leasing and care of these properties. Most of these properties are leased to steel and mining companies that mine the mineral lands for taconite iron ore. As of Dec 31 2013, Co. owned in excess of 67,000 acres in varied fee (surface and/or mineral) and ownership percentage interests in northeastern Minnesota; and its mineral interests on the Mesabi Iron Range formation represent 12,033 acres, including about 7,443 acres that are wholly owned. | |
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GNI (GNI) has the following price history information. Looking back at GNI historical stock prices for the last five trading days, on March 30, 2015, GNI opened at $8.65, traded as high as $8.89 and as low as $8.15, and closed at $8.38. Trading volume was a total of 74.50K shares. On March 31, 2015, GNI opened at $8.16, traded as high as $8.44 and as low as $8.06, and closed at $8.20. Trading volume was a total of 53.00K shares. On April 01, 2015, GNI opened at $8.02, traded as high as $8.19 and as low as $8.02, and closed at $8.14. Trading volume was a total of 18.90K shares. On April 02, 2015, GNI opened at $8.01, traded as high as $8.05 and as low as $7.41, and closed at $7.43. Trading volume was a total of 70.00K shares. On April 06, 2015, GNI opened at $7.40, traded as high as $8.10 and as low as $7.36, and closed at $8.10. Trading volume was a total of 54.90K shares.
GNI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into GNI shares, starting with a $10,000 purchase of GNI, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/06/2015 |
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Start price/share: |
$17.41 |
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End price/share: |
$8.10 |
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Starting shares: |
574.38 |
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Ending shares: |
927.08 |
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Dividends reinvested/share: |
$8.40 |
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Total return: |
-24.91% |
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Annualized Gain: |
-26.58% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,509.00 |
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Years: |
0.94 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/06/2015 |
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Start price/share: |
$17.41 |
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End price/share: |
$8.10 |
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Dividends collected/share: |
$8.40 |
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Total return: |
-5.23% |
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Annualized Gain: |
-5.58% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,477.00 |
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Years: |
0.94 |
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Date |
Close |
03/30/2015 | $8.38 | 03/31/2015 | $8.20 | 04/01/2015 | $8.14 | 04/02/2015 | $7.43 | 04/06/2015 | $8.10 |
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