CIA News: Champion Iron (ASX:CIA) Will Want To Turn Around Its Return Trends - 8th May 2024, 6:01am

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To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So when we looked at Champion Iron (ASX:CIA), they do have a high ROCE, but we weren't exactly elated from how retu...

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