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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base 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. So when we looked at Perseus Mining (ASX
RU) and its trend of ROCE, we really liked what we saw.
What Is Return On...
>>> Read more: Perseus Mining (ASXRU) Shareholders Will Want The ROCE Trajectory To Continue
RU) and its trend of ROCE, we really liked what we saw.What Is Return On...
>>> Read more: Perseus Mining (ASX
RU) Shareholders Will Want The ROCE Trajectory To Continue