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Rio Tinto Group (LON:RIO) has had a rough three months with its share price down 14%. 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 Rio Tinto Group's ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. In simpler terms, it measures the profita...
>>> Read more: Rio Tinto Group's (LON:RIO) 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 money. In simpler terms, it measures the profita...
>>> Read more: Rio Tinto Group's (LON:RIO) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
