YAL News: Yancoal Australia Ltd's (ASX:YAL) Stock's On An Uptrend: Are Strong Financials Guiding The Market? - 2nd Aug 2024, 7:23am

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Yancoal Australia (ASX:YAL) has had a great run on the share market with its stock up by a significant 24% over the last three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Specifically, we decided to study Yancoal Australia's ROE in this article.

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In other words, it i...

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