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TMC the metals company Inc. (TMC) Stock Price & Analysis

2,248 Followers

TMC Stock Chart & Stats

$2.27$0.20(9.66%)
At close: 4:00 PM EST
$2$3$4$5Aug 10Aug 24Sep 8Sep 21Oct 5Oct 19Nov 2
Day’s Range
$2.03 - $2.27
52-Week Range
$1.91 - $10.05
Previous Close
$2.07
Volume
N/A
Average Volume (3M)
5.04M
Market Cap
$1.00B
Enterprise Value
$1.97B
Total Cash (Recent Filing)
$98.66M
Total Debt (Recent Filing)
$0
Price to Earnings (P/E)
―
Beta
1.28
Next Earnings
Nov 12, 2026 (Est.)
EPS Estimate
-0.07
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Allseas Development Partnership

The Allseas agreement gives TMC an experienced partner for development, commissioning, and operation of its first commercial nodule system. Progress into procurement and fabrication represents tangible execution beyond exploration, while Allseas funding a significant share of preproduction costs may reduce near-term capital pressure.

Regulatory Advancement

Publication of the USA-A application advances TMC through a formal U.S. regulatory process and expands the proposed recovery area to roughly 65,000 square kilometers. This strengthens the company’s position to secure access to a large resource base, although approval remains necessary.

Large Resource Economics

The technical studies indicate substantial potential economic scale from TMC’s resource portfolio, including projected revenue and EBITDA across the life of the projects. If permitting, engineering, and processing plans are successfully executed, this scale could support a sizeable long-term critical-metals business.

Bears Say

Pre-Revenue Loss-Making Model

TMC has not yet reached commercial production, so it lacks operating revenue to offset exploration, development, and corporate costs. Persistent losses leave future earnings dependent on successful project advancement and eventual production, making the business financially vulnerable during the pre-commercial period.

Persistent Cash Burn

Negative operating and free cash flow show that TMC is not currently self-funding its activities. Continued exploration and development therefore require available liquidity or additional financing, while prolonged cash consumption could constrain project execution and increase dependence on external capital.

Permitting And ISA Uncertainty

Permitting remains a critical path for TMC’s commercial timetable, and the delayed certification introduces uncertainty around when development can proceed. Broader ISA mining-code progress also lacks a target completion date, creating regulatory timing risk for a project whose value depends on approvals.

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 $1.91 and its highest was $10.05 in the past 12 months.
What is TMC the metals company Inc.’s market cap?
TMC the metals company Inc.’s market cap is $1.00B.
When is TMC the metals company Inc.’s upcoming earnings report date?
TMC the metals company Inc.’s next earnings report is estimated for Nov 12, 2026 (not yet confirmed), 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 Aug 13, 2026. The company reported -$0.14 earnings per share for the quarter, missing the consensus estimate of -$0.063 by -$0.077.
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 -0.07.
How many shares outstanding does TMC the metals company Inc. have?
TMC the metals company Inc. has 441,135,470 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 -$0.14 in its last earnings report, missing expectations of -$0.063. Following the earnings report the stock price went down -9.07%.
Which hedge fund is a major shareholder of TMC the metals company Inc.?
Hedge funds hold TMC the metals company Inc. shares: the largest hedge-fund position in TMC the metals company Inc. is 70,124,410 shares, and hedge funds increased their holdings by 2.9M shares last quarter.
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