OGC News: Be Wary Of OceanaGold (TSE:OGC) And Its Returns On Capital - 2nd Jun 2022, 9:11pm

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If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? 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. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. However, after investigating OceanaGold (TSE:OGC), we don't think it's cu...

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