Published on 12 Apr 2022 on Simply Wall St. via Yahoo Finance
Is Mandalay Resources Corporation's (TSE:MND) Stock's Recent Performance Being Led By Its Attractive...
Mandalay Resources (TSE:MND) has had a great run on the share market with its stock up by a significant 65% over the last three months. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. In this article, we decided to focus on Mandalay Resources' 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 short, ROE shows the profit each dollar generates with respect to its shareholder investments.
View our latest analysis for Mandalay Resources