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Orica's (ASX:ORI) stock is up by a considerable 14% over the past three months. We, however wanted to have a closer look at its key financial indicators as the markets usually pay for long-term fundamentals, and in this case, they don't look very promising. In this article, we decided to focus on Orica's ROE.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the pr...
>>> Read more: Can Orica Limited's (ASX:ORI) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the pr...
>>> Read more: Can Orica Limited's (ASX:ORI) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
