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To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. However, after investigating Newmont (NYSE:NEM), we don't think it's current trends f...
>>> Read more: Here's What's Concerning About Newmont's (NYSE:NEM) Returns On Capital
>>> Read more: Here's What's Concerning About Newmont's (NYSE:NEM) Returns On Capital
