TMC the metals company Inc. (TMC)

NASDAQ: TMC · IEX Real-Time Price · USD
1.690
+0.030 (1.81%)
At close: Apr 18, 2024, 4:00 PM
1.650
-0.040 (-2.37%)
After-hours: Apr 18, 2024, 7:59 PM EDT
1.81%
Market Cap 537.84M
Revenue (ttm) n/a
Net Income (ttm) -73.78M
Shares Out 318.25M
EPS (ttm) -0.26
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,147,348
Open 1.660
Previous Close 1.660
Day's Range 1.610 - 1.750
52-Week Range 0.650 - 3.200
Beta 1.81
Analysts Buy
Price Target 5.00 (+195.86%)
Earnings Date May 9, 2024

About TMC

TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the CCZ of the Pacific Ocean. Its products are used in electric vehicles (EV), renewable energy storage markets, EV wiring, clea... [Read more]

Sector Materials
Founded 2011
Employees 46
Stock Exchange NASDAQ
Ticker Symbol TMC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for TMC stock is "Buy." The 12-month stock price forecast is $5.0, which is an increase of 195.86% from the latest price.

Price Target
$5.0
(195.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of TMC the metals company Inc. - TMC

NEW YORK , April 12, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of TMC the metals company Inc. ("TMC" or the "Company") (NASDAQ: TMC).  Such investors are advise...

6 days ago - PRNewsWire

Steve Jurvetson, a Renowned Silicon Valley Investor, Joins TMC's Board of Directors as Vice Chairman and Special Advisor to the CEO

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today an...

8 days ago - GlobeNewsWire

TMC Announces Fourth Quarter and Full Year 2023 Results

NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today pr...

24 days ago - GlobeNewsWire

The Metals Company Fourth Quarter and Full Year 2023 Corporate Update Conference Call for Monday, March 25, 2024

NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced t...

4 weeks ago - GlobeNewsWire

TMC Applauds ~350 Former U.S. Political and Military Leaders Urging Senate to Ratify Law of the Sea for Deep-Sea Mine Sites "Each Containing a Trillion Dollars in Value"

NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest estimated undeveloped source of critical battery met...

5 weeks ago - GlobeNewsWire

TMC Commends U.S. Congress on Bill to “Provide Financial, Diplomatic, or Other Forms of Support for Seafloor Nodule Collection, Processing and Refining” and Advancing International Regulations for Seafloor Resources

NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest estimated undeveloped source of critical battery met...

5 weeks ago - GlobeNewsWire

Pentagon to Deliver Report on Domestic Processing of Seafloor Nodules by March 1 as President Biden Signs NDAA

NEW YORK, Jan. 03, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest estimated undeveloped source of critical battery meta...

3 months ago - GlobeNewsWire

TMC Subsidiary NORI Completes Key Offshore Research Campaign, Evaluating Seafloor Ecosystem Function a Year Post Nodule Collection Test

NEW YORK, Dec. 28, 2023 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced th...

4 months ago - GlobeNewsWire

TMC Subsidiary NORI Shares Preliminary Findings on Environmental Impacts of Pilot Nodule Collection System Test

NEW YORK, Dec. 14, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest estimated undeveloped source of critical battery meta...

4 months ago - GlobeNewsWire

Thirty-One Members of Congress Call Upon Pentagon to Develop Plan for Processing Deep-Sea Polymetallic Nodules

NEW YORK, Dec. 12, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest estimated undeveloped source of critical battery meta...

4 months ago - GlobeNewsWire

Dutch Court Orders Greenpeace Protesters Off NORI Research Vessel, Greenpeace Complies

NEW YORK, Nov. 30, 2023 (GLOBE NEWSWIRE) -- TMC The Metals Company Inc. (“TMC” or “The Metals Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced ...

5 months ago - GlobeNewsWire

New Benchmark Study Highlights Impacts of Nickel and Cobalt Mining on Critical Forested Carbon Sinks Amid Battery Metals Boom

NEW YORK, Nov. 29, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (“TMC” or “The Metals Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced ...

5 months ago - GlobeNewsWire

U.S. Senators Push for UNCLOS Ratification as Members of Congress Call for ISA to Adopt Seafloor Mining Regulations

NEW YORK, Nov. 21, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest estimated undeveloped source of critical battery meta...

5 months ago - GlobeNewsWire

The Metals Company Provides Third Quarter 2023 Corporate Update

NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today pro...

5 months ago - GlobeNewsWire

Researchers to Return to the Site of NORI's Nodule Collection System Test to Assess Seafloor Ecosystem Function A Year After the Test

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provides add...

5 months ago - GlobeNewsWire

The Metals Company Announces Third Quarter 2023 Corporate Update Conference Call for Thursday, November 9, 2023

NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced th...

6 months ago - GlobeNewsWire

The Metals Company Releases Second Annual Impact Report

NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “The Metals Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, to...

6 months ago - GlobeNewsWire

The Metals Company Provides Closing Update on its Registered Direct Offering at $2.00 Per Share Plus Class A Warrants

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today pro...

6 months ago - GlobeNewsWire

Deep-sea mining could help solve the global critical minerals shortage, but it's a lightning rod for controversy

There are billions of tons of critical minerals on the ocean floor, but whether they should be mined has become a global controversy.

7 months ago - CNBC

The Metals Company Announces Investor Conference Schedule Through End of 2023

NEW YORK, Sept. 08, 2023 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, intends to partic...

7 months ago - GlobeNewsWire

TMC and Kongsberg Digital Announce Next Phase of Agreement to Bring AI and Hybrid Machine Learning to Future Deep-sea Nodule Collection Operations

NEW YORK, Sept. 06, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (the “Company” or “TMC”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today an...

8 months ago - GlobeNewsWire

The Metals Company Provides Second Quarter 2023 Corporate Update and Commentary on ~$27 Million Capital Raise at $2.00 Per Share with Potential Upsizing to $38 Million

NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today pro...

8 months ago - GlobeNewsWire

The Metals Company Announces ~US$27 Million Registered Direct Offering at $2.00 Per Share Plus Class A Warrants

NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today ann...

8 months ago - GlobeNewsWire

The Metals Company Announces Second Quarter 2023 Corporate Update Conference Call for Monday, August 14, 2023

NEW YORK, Aug. 08, 2023 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced th...

9 months ago - GlobeNewsWire

The Metals Company announces a controversial timeline for deep sea mining that deepens the divide in an already bitter battle

The Metals Company announced it will submit an application for mining the deep sea in international waters in 2024, but debate over regulations are ongoing.

9 months ago - CNBC