Published on 29 Dec 2023 on Simply Wall St. via Yahoo Finance

Badger Infrastructure Solutions Ltd.'s (TSE:BDGI) Stock Is Going Strong: Have Financials A Role To...

Badger Infrastructure Solutions' (TSE:BDGI) stock is up by a considerable 17% over the past three months. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. Particularly, we will be paying attention to Badger Infrastructure Solutions' ROE today.

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 other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.

Check out our latest analysis for Badger Infrastructure Solutions