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It is hard to get excited after looking at New Hope's (ASX:NHC) recent performance, when its stock has declined 8.1% over the past month. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Particularly, we will be paying attention to New Hope's ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ mon...
>>> Read more: New Hope Corporation Limited's (ASX:NHC) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ mon...
>>> Read more: New Hope Corporation Limited's (ASX:NHC) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
