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Most readers would already be aware that Newmont's (NYSE:NEM) stock increased significantly by 32% over the past three months. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. In this article, we decided to focus on Newmont's ROE.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. Simply put, it is used to assess the profitabil...
>>> Read more: Do Its Financials Have Any Role To Play In Driving Newmont Corporation's (NYSE:NEM) Stock Up Recently?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. Simply put, it is used to assess the profitabil...
>>> Read more: Do Its Financials Have Any Role To Play In Driving Newmont Corporation's (NYSE:NEM) Stock Up Recently?