Foremost Clean Energy (NASDAQ:FMST – Get Free Report) and Norsk Hydro ASA (OTCMKTS:NHYDY – Get Free Report) are both basic materials companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, analyst recommendations, risk, profitability and earnings.
Insider & Institutional Ownership
0.1% of Foremost Clean Energy shares are owned by institutional investors. Comparatively, 0.0% of Norsk Hydro ASA shares are owned by institutional investors. 0.0% of Norsk Hydro ASA shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Profitability
This table compares Foremost Clean Energy and Norsk Hydro ASA’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Foremost Clean Energy | N/A | -16.43% | -15.15% |
| Norsk Hydro ASA | 3.11% | 10.52% | 5.50% |
Earnings & Valuation
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Foremost Clean Energy | N/A | N/A | -$2.60 million | ($0.33) | -4.89 |
| Norsk Hydro ASA | $20.05 billion | 1.16 | $647.52 million | $0.31 | 37.79 |
Norsk Hydro ASA has higher revenue and earnings than Foremost Clean Energy. Foremost Clean Energy 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.
Analyst Ratings
This is a breakdown of current ratings and price targets for Foremost Clean Energy and Norsk Hydro ASA, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Foremost Clean Energy | 1 | 0 | 0 | 0 | 1.00 |
| Norsk Hydro ASA | 2 | 5 | 4 | 1 | 2.33 |
Volatility and Risk
Foremost Clean Energy has a beta of 4.69, indicating that its share price is 369% more volatile than the S&P 500. Comparatively, Norsk Hydro ASA has a beta of 0.96, indicating that its share price is 4% less volatile than the S&P 500.
Summary
Norsk Hydro ASA beats Foremost Clean Energy on 11 of the 13 factors compared between the two stocks.
About Foremost Clean Energy
Foremost Clean Energy Ltd. engages in uranium and lithium exploration. Its uranium properties include the Eastern Athabasca and Blue Sky projects. The firm also maintains a secondary portfolio of lithium projects including Zoro, Jean Lake, Peg North, Grass River, and Jol. It operates through the Canada and United States geographical segments. The company was founded on July 7, 2005 and is headquartered 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.
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