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If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Speaking of which, we noticed some great changes in Perseus Mining's (ASX
RU) returns on capital, so let's have a look.
Understanding Ret...
>>> Read more: Investors Should Be Encouraged By Perseus Mining's (ASX
RU) Returns On Capital
Understanding Ret...
>>> Read more: Investors Should Be Encouraged By Perseus Mining's (ASX