Fortuna Mining (NYSE:FSM) and Norsk Hydro ASA (OTCMKTS:NHYDY) Head to Head Analysis

Fortuna Mining (NYSE:FSM) and Norsk Hydro ASA (OTCMKTS:NHYDY) are both basic materials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, profitability, valuation, risk, dividends and analyst recommendations.

Risk and Volatility

Fortuna Mining has a beta of 0.88, indicating that its share price is 12% less volatile than the S&P 500. Comparatively, Norsk Hydro ASA has a beta of 1.15, indicating that its share price is 15% more volatile than the S&P 500.

Earnings & Valuation

This table compares Fortuna Mining and Norsk Hydro ASA”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Fortuna Mining	$947.06 million	4.29	$287.47 million	$0.90	14.81
Norsk Hydro ASA	$20.05 billion	0.90	$647.58 million	$0.31	29.52

Norsk Hydro ASA has higher revenue and earnings than Fortuna Mining. Fortuna Mining is trading at a lower price-to-earnings ratio than Norsk Hydro ASA, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

33.8% of Fortuna Mining shares are owned by institutional investors. Comparatively, 0.0% of Norsk Hydro ASA shares are owned by institutional investors. 1.0% of Fortuna Mining shares are owned by company insiders. Comparatively, 0.0% of Norsk Hydro ASA shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of current recommendations for Fortuna Mining and Norsk Hydro ASA, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fortuna Mining	0	0	4	1	3.20
Norsk Hydro ASA	3	4	3	0	2.00

Fortuna Mining presently has a consensus price target of $11.00, indicating a potential downside of 17.45%. Given Fortuna Mining’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Fortuna Mining is more favorable than Norsk Hydro ASA.

Profitability

This table compares Fortuna Mining and Norsk Hydro ASA’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fortuna Mining	27.59%	14.02%	10.17%
Norsk Hydro ASA	3.06%	9.44%	4.97%

Summary

Fortuna Mining beats Norsk Hydro ASA on 11 of the 15 factors compared between the two stocks.

About Fortuna Mining

Fortuna Mining Corp. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d’Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d’Ivoire. The company was formerly known as Fortuna Silver Mines Inc. and changed its name to Fortuna Mining Corp. in June 2024. Fortuna Mining Corp. was incorporated in 1990 and is based in Vancouver, Canada.

About Norsk Hydro ASA

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments. The Hydro Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Hydro Aluminium Metal segment is involved in the primary aluminum production casting activities. This segment principally offers extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets segment sells products from the company’s primary metal plants; operates recyclers; and trades in physical and financial metals. The Hydro Extrusions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors, as well as operates recycling facilities. The Hydro Energy segment engages in the trading and wholesale business in Brazil; energy sourcing operations; and operation of power stations in Norway, as well as renewable energy production, such as wind and solar, battery materials, and green hydrogen. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.