Want to see TMC full AI Analyst Report?
TMC Stock Chart & Stats
$3.67
-$0.14(-3.67%)
At close: 4:00 PM EDT
$3.67
-$0.14(-3.67%)
Day’s Range― - ―
52-Week Range$3.40 - $11.35
Previous CloseN/A
Volume4.16M
Average Volume (3M)4.49M
Market Cap
$1.54B
Enterprise Value$2.01K
Total Cash (Recent Filing)$119.68M
Total Debt (Recent Filing)$145.00M
Price to Earnings (P/E)―
Beta0.99
Next Earnings
Aug 13, 2026EPS Estimate
-0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.91
Shares Outstanding433,221,130
10 Day Avg. Volume3,675,035
30 Day Avg. Volume4,491,557
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 Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$11.00Price Target Upside199.73% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.22
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strategic Allseas PartnershipA binding agreement with Allseas provides deepwater operational expertise and significant up‑front partner funding that is repayable after production. This materially lowers TMC's execution and capex risk, accelerates technical integration, and improves the chance of on‑time commissioning and scalable operations long term.
Regulatory Progress (NOAA)NOAA compliance and formal certification for USA A and USA B materially advance licensed access to large nodule areas. This regulatory progress is a durable enabler of project development, reducing fundamental permit uncertainty and underpinning long‑term resource access required to reach commercial production.
Strong Project Economics & ReserveRobust economic studies and a declared reserve indicate large-scale, low‑cost resource potential across key battery metals. These structural economics support project bankability, long‑term cash‑flow potential, and justify continued partner and government interest even if near‑term financing is needed to reach production.
Bears Say
Weak Balance Sheet & Higher LeverageNegative equity and a rapid increase in debt materially reduce financial flexibility for a pre‑revenue developer. Higher leverage increases refinancing and covenant risk, limits ability to absorb delays or cost overruns, and makes future funding more dilutive or expensive—threatening project timelines and optionality.
Pre‑revenue With Persistent Cash BurnThe company remains pre‑revenue with large, volatile losses and ongoing negative operating/free cash flows. Even with some QoQ improvements, continued cash burn forces reliance on external financing over the medium term, increasing execution risk and the probability of further equity dilution before reaching self‑sustaining cash generation.
Dilution Risk & External Funding RelianceSignificant payables to Allseas that are equity‑settled create clear dilution risk for existing holders. Coupled with dependence on partner funding and conditional government support for onshore capex, the company faces structural financing vulnerability that can alter ownership, delay projects, or increase cost of capital over the long run.
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 $3.40 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 $1.54B.
When is TMC the metals company Inc.’s upcoming earnings report date?
TMC the metals company Inc.’s upcoming earnings report date is Aug 13, 2026 which is in 3 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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$11.00 (199.73% Upside)
$11.00 (199.73% Upside)
Blogger Sentiment
Bullish
TMC Sentiment 71%
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
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-51.47%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
186.69%
Trailing 12-Months
Company Description
TMC the metals company Inc.
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 California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in two polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean. Its products are used in electric vehicles (EV) and energy storage markets; manganese alloy production required for steel production; and EV wiring, energy transmission, and other applications. The company was founded in 2011 and is based in Vancouver, Canada.
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
▲(199.73% Upside)
Technical Analysis
Materion
―
Compass Minerals International
―
American Battery Technology
―
Iperionx Ltd. ADR
―
USA Rare Earth
―
Ownership Overview
45.03% Insiders
0.19% Mutual Funds
0.98% Other Institutional Investors
52.95% Public Companies and Individual Investors