ORI News: Orica Limited (ASX:ORI) Stock's On A Decline: Are Poor Fundamentals The Cause? - 9th Jun 2023, 11:02am

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With its stock down 8.7% over the past month, it is easy to disregard Orica (ASX:ORI). Given that stock prices are usually driven by a company’s fundamentals over the long term, which in this case look pretty weak, we decided to study the company's key financial indicators. Specifically, we decided to study Orica's 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. In other words, it is a profitabili...

>>> Read more: Orica Limited (ASX:ORI) Stock's On A Decline: Are Poor Fundamentals The Cause?
 
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