MLD News: Can MACA Limited's (ASX:MLD) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Sh - 27th Jul 2022, 7:48am

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MACA (ASX:MLD) has had a great run on the share market with its stock up by a significant 40% over the last month. However, we decided to pay close attention to its weak financials as we are doubtful that the current momentum will keep up, given the scenario. In this article, we decided to focus on MACA's ROE.

Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Put another way, it reveals the company's success at tu...

>>> Read more: Can MACA Limited's (ASX:MLD) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
 
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