Published on 29 Apr 2024 on Simply Wall St. via Yahoo Finance
Fresnillo plc (LON:FRES) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear...
Fresnillo (LON:FRES) has had a great run on the share market with its stock up by a significant 24% over the last month. However, we wonder if the company's inconsistent financials would have any adverse impact on the current share price momentum. In this article, we decided to focus on Fresnillo's ROE.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.