Hello,
I am considering investing in the company Norsk Hydro.
However, I have seen that there are two shares: Norsk Hydro and Norsk Hydro ASA.
What is the difference and which is more recommended?
Aluminum is said to be the next after semiconductors where the bottleneck hits the industry. The warehouses are emptying.
This pearl here we are very many areas of the supply chain around aluminum active, uses water energy for it, has a price sales ratio of about 1 and pays a dividend over 3%.
I get in 😊👍🏼
The price target is $7.465 and the stock is covered by 17 analysts.
Buy
8
Hold
8
Sell
1
Norsk Hydro ASA is a Norway-based aluminium and energy company. The Company is present throughout the aluminium value chain, from energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions and aluminium recycling. Its reportable segments are the business areas: Hydro Bauxite & Alumina, activities includes bauxite mining activities, production of alumina and related commercial activities, primarily the sale of alumina; Hydro Aluminium Metal includes primary aluminium production and casting activities; Hydro Metal Markets includes all sales activities relating to products from our primary metal plants and operational responsibility for stand-alone recyclers as well as physical and financial metal trading activities; Hydro Extrusions delivers products within extrusion profiles, building systems and precision tubing; Hydro Energy includes operating and commercial responsibility for Hydro’s power stations in Norway, a trading and wholesale business in Brazil.