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Rio Tinto Group (LON:RIO) has had a rough three months with its share price down 19%. However, stock prices are usually driven by a companyâs financials over the long term, which in this case look pretty respectable. Particularly, we will be paying attention to Rio Tinto Group's ROE today.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in rela...
>>> Read more: Rio Tinto Group's (LON:RIO) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in rela...
>>> Read more: Rio Tinto Group's (LON:RIO) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
