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Iluka Resources' (ASX:ILU) stock is up by a considerable 18% over the past month. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Specifically, we decided to study Iluka Resources' ROE in this article.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. Put another way, it reveals the company's success at turning shareholder investments into profits.
View our l...
>>> Read more: Is Iluka Resources Limited's (ASX:ILU) Recent Stock Performance Tethered To Its Strong Fundamentals?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. Put another way, it reveals the company's success at turning shareholder investments into profits.
View our l...
>>> Read more: Is Iluka Resources Limited's (ASX:ILU) Recent Stock Performance Tethered To Its Strong Fundamentals?