Coinbase, Almonty Industries, Tomra Systems – These 3 high-flyers promise returns

Coinbase – New opportunities after the numbers

After Bitcoin and the vast crypto armada began to boom following Trump's victory in November of last year, many investors were already anticipating excellent numbers from the crypto exchange Coinbase. The stock had already risen by up to 10% on Thursday after the market closed, reaching an interim high of USD 313.62. As expected, both revenue and profits were pulverized, leading to profit-taking on Friday and Coinbase shares to close down 8%. From a chart perspective, the upward gap that had been torn the day before was closed. A sustained break of the horizontal resistance at USD 310.61 would now be important for further price increases, which would trigger a buy signal with follow-up potential in the direction of the all-time high at USD 349.49.

In the fourth quarter, the San Francisco-based company recorded its highest quarterly revenue in the past three years. Revenues rose to USD 2.27 billion, or 130% higher than in the third quarter. Analysts had expected revenues of USD 1.88 billion. Earnings per share also significantly exceeded expectations, reaching USD 4.68 compared to USD 1.81. Net profit amounted to USD 1.3 billion, compared to USD 273 million in the same period of the previous year.

Cryptocurrency trading remained the most important source of revenue. Coinbase generated USD 1.56 billion here, more than double the previous year's figure and well above the forecast of USD 1.29 billion. The total trading volume was USD 439 billion, an increase of 185%. Retail trading, in particular, more than tripled, growing by 224%, while institutional investors contributed a plus of 176%.

Almonty Industries – In the right place at the right time

After the Munich Security Conference, many people are likely even more nervous about topics like trade wars and tariffs, given the statements made by some politicians. The fact is, especially regarding raw material supplies, China and Russia hold the cards. It is no coincidence that Donald Trump is pushing for a deal with Ukraine to secure rare earth deposits for his country. Similarly, with other metals like tungsten, there is a quasi-monopoly in the Middle Kingdom.

For the time being, that is, because something big is emerging in South Korea that will allow the Western world to breathe a sigh of relief. Almonty Industries plans to start production at the Sangdong mine before the end of this year. Initially, the aim is to achieve an annual production of 5,000 tons, which covers around 30% of the tungsten supply outside China and Russia, and then to gradually expand it further.

Almonty CEO Lewis Black is also planning a further strategic step: relocating the Company's headquarters from Canada to the United States. With a market capitalization of around EUR 337 million, Almonty Industries is, therefore, relatively inexpensive compared to comparable US companies in the resource extraction sector. For example, MP Materials, the Company that operates the rare earth project Mountain Pass, has a market capitalization of EUR 3.69 billion.

After a strong price increase to CAD 2.22, the Almonty share is reducing its current overbought condition and consolidating in the area of CAD 1.80. However, if the exact start of production is announced, the share price could experience a renewed upward surge that could exceed the current year's highs.

Tomra Systems – Above expectations

The Norwegian mechanical and plant engineering company's publication of the figures for the fourth quarter of 2024 caused the share price to skyrocket. Investors acknowledged the figures, which exceeded analyst consensus on both sales and earnings, with a gain of 14.65% to EUR 16.12, thereby breaking the prominent horizontal resistance at EUR 15.50.

Tomra generated revenues of EUR 357 million, an increase of 12% over the same period last year, with particular emphasis on the food segment, which grew by 13%. This positive development is due to the successful restructuring program in the food business, which is slowly recovering from a weak market.

EBITA reached EUR 54 million and was also above analyst estimates. Earnings per share were published as a profit of EUR 0.18, an increase of 54% over the same period last year. Based on these strong results, the Company plans to increase the dividend by 10% to EUR 0.18.

The US crypto exchange Coinbase published quarterly figures that exceeded expectations due to the boom in Bitcoin & Co. Recycling specialist Tomra Systems also pulverized consensus estimates. With the start of production at its mine in South Korea, Almonty Industries is likely to become an important player in the Western supply of raw materials.