TMC the metals company Inc. (TMC)
NASDAQ:TMC
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TMC Stock Chart & Stats
$5.32
-$0.10(-8.40%)
At close: 4:00 PM EST
$5.32
-$0.10(-8.40%)
Day’s Range― - ―
52-Week Range$3.93 - $11.35
Previous CloseN/A
Volume1.02M
Average Volume (3M)6.25M
Market Cap
$2.22B
Enterprise Value$2.24B
Total Cash (Recent Filing)$119.68M
Total Debt (Recent Filing)$145.00M
Price to Earnings (P/E)―
Beta0.97
Next Earnings
Aug 17, 2026EPS Estimate
-0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.91
Shares Outstanding433,221,130
10 Day Avg. Volume6,089,544
30 Day Avg. Volume6,247,253
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)-70.94
Price to Sales (P/S)0.00
P/FCF Ratio-55.05
Enterprise Value/Market Cap1.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-12.72K
Enterprise Value/Ebitda-7.07
Forecast
1Y Price Target
$11.00Price Target Upside106.77% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.21
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strategic Partnership & Partner FundingA binding production agreement with Allseas secures deepwater engineering expertise and shifts a meaningful portion of preproduction capex off TMC's balance sheet. That durable funding and operational capability materially reduces execution and financing risk over the multi-year development horizon.
Regulatory Progress (NOAA Compliance)NOAA compliance and progression into EIS/public comment establishes a formal U.S. regulatory pathway for commercial recovery. This is a structural de-risking milestone that, if sustained through EIS, materially improves the project's ability to access U.S.-regulated resource rights and long-term offtake/financing options.
Robust Project Economics & Declared ReserveIndependent PFS and assessment indicate very large long‑term economic upside and place the project in the low quartile of the nickel cost curve. Strong life‑of‑project NPVs and a declared reserve underpin the commercial case and improve the company's ability to attract long‑term capital and industrial partners.
Bears Say
Pre‑revenue And Widening LossesThe company remains pre‑revenue with sharply widening net losses, meaning ongoing dependence on external capital. Persistent negative profitability reduces internal funding capacity, elevates dilution risk, and creates sustained pressure on liquidity and ability to fund multi‑year development without material external support.
Weak Balance Sheet & Rising LeverageNegative equity and a rapid increase in debt limit financial flexibility and raise refinancing risk ahead of project commercialization. A leveraged capital structure increases borrowing costs, constrains access to favorable project finance, and magnifies vulnerability to market or execution setbacks over the next several quarters.
Dilution & Dependence On External FundingSignificant payables to Allseas being equity‑settled creates clear dilution risk for existing shareholders. Combined with reliance on partner funding, undrawn credit lines and government support for onshore capex, this structural funding mix increases investor dilution and execution exposure over the multi‑year buildout.
TMC the metals company Inc. News
TMC FAQ
What was TMC the metals company Inc.’s price range in the past 12 months?
TMC the metals company Inc. lowest stock price was $3.93 and its highest was $11.35 in the past 12 months.
What is TMC the metals company Inc.’s market cap?
TMC the metals company Inc.’s market cap is $2.22B.
When is TMC the metals company Inc.’s upcoming earnings report date?
TMC the metals company Inc.’s upcoming earnings report date is Aug 17, 2026 which is in 54 days.
How were TMC the metals company Inc.’s earnings last quarter?
TMC the metals company Inc. released its earnings results on May 14, 2026. The company reported -$0.05 earnings per share for the quarter, the consensus estimate of -$0.05 by $0.
Is TMC the metals company Inc. overvalued?
According to Wall Street analysts TMC the metals company Inc.’s price is currently Undervalued.
Does TMC the metals company Inc. pay dividends?
TMC the metals company Inc. does not currently pay dividends.
What is TMC the metals company Inc.’s EPS estimate?
TMC the metals company Inc.’s EPS estimate is -0.06.
How many shares outstanding does TMC the metals company Inc. have?
TMC the metals company Inc. has 433,221,130 shares outstanding.
What happened to TMC the metals company Inc.’s price movement after its last earnings report?
TMC the metals company Inc. reported an EPS of -$0.05 in its last earnings report, expectations of -$0.05. Following the earnings report the stock price went down -5.079%.
Which hedge fund is a major shareholder of TMC the metals company Inc.?
Currently, no hedge funds are holding shares in TMC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
TMC the metals company Inc. Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$11.00 (106.77% Upside)
$11.00 (106.77% Upside)
Blogger Sentiment
Bullish
TMC Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 37.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $133.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 0.1%
Last 30 Days ▲ 0.1%
News Sentiment
Very Bearish
Bullish news 19%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.52%
12-Months-Change
Fundamentals
Return on Equity
6542.67%
Trailing 12-Months
Asset Growth
186.69%
Trailing 12-Months
Company Description
TMC the metals company Inc.
TMC the metals company Inc., established in Vancouver, Canada, in 2019 (originally incorporated as Sustainable Opportunities Acquisition Corporation), is a firm dedicated to deep-sea mineral exploration. Its core operations involve discovering, processing, and refining polymetallic nodules found on the seabed of the Clarion Clipperton Zone (CCZ) in the Pacific Ocean, situated southwest of San Diego, California. The company, through its subsidiaries, holds exploration licenses for three distinct polymetallic nodule areas within this CCZ. The primary metals it aims to extract include nickel, cobalt, copper, and manganese. These valuable resources are essential for various applications, such as electric vehicle components, renewable energy storage systems, EV wiring, clean energy transmission, and the production of manganese alloys crucial for steel manufacturing, among other industrial uses.
TMC Company Deck
TMC Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights multiple major development milestones: a binding production agreement with Allseas (including partner funding), NOAA compliance of the consolidated application, a clear engineering and commissioning timeline (late 2027), robust economic studies (PFS/initial assessment NPVs and declared reserve), improving near-term cash flow metrics and strategic onshore processing plans. Offsetting these positives are persistent net losses, materially higher G&A and exploration expenses driven by share-based compensation, sizable payables to Allseas to be equity-settled (dilution risk), reliance on government support for large onshore capex, regulatory timing uncertainty from required public comment/EIS steps, and technical/operational complexity. On balance the call presents meaningful commercial progress and financing/partnership momentum while leaving execution, regulatory and cost-control risks to be managed.View all TMC earnings summariesTMC Stock 12 Month Forecast
Average Price Target
$11.00
▲(106.77% Upside)
Technical Analysis
Materion
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Ownership Overview
30.39% Insiders
0.19% Mutual Funds
4.71% Other Institutional Investors
63.87% Public Companies and Individual Investors