ILU News: Is Iluka Resources Limited's (ASX:ILU) Recent Stock Performance Tethered To Its Strong Fundamentals? - 4th Dec 2022, 10:29am

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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 investors’ money. Put another way, it reveals the company's success at turning shareholder investments into profits.

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