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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. With that in mind, the ROCE of Perseus Mining (ASXRU) looks great, so lets see what the trend can tell us.
Understanding Return On Capital ...
>>> Read more: Why The 25% Return On Capital At Perseus Mining (ASXRU) Should Have Your Attention
Understanding Return On Capital ...
>>> Read more: Why The 25% Return On Capital At Perseus Mining (ASXRU) Should Have Your Attention