OB:NHYMetals and Mining
Is It Too Late To Consider Norsk Hydro (OB:NHY) After Doubling In One Year?
Investors may be wondering whether Norsk Hydro at around kr108 per share still offers value after a strong run, or if the easy gains are behind it.
The stock closed at kr108.15 recently, with returns of 2.2% over 7 days, 5.4% over 30 days, 36.1% year to date, 103.7% over 1 year, 69.8% over 3 years and 151.7% over 5 years.
These moves have kept Norsk Hydro on the radar for investors who follow metals and mining, with ongoing interest in how producers are pricing in commodity market conditions...