The latest announcement is out from TMC the metals company Inc. ( (TMC) ).
On April 29, 2025, The Metals Company USA, a subsidiary of The Metals Company Inc., submitted applications to the NOAA for a commercial recovery permit and two exploration licenses under the Deep Seabed Hard Mineral Resources Act. This marks the first submission for commercial recovery of polymetallic nodules from the Clarion-Clipperton Zone, following a recent Executive Order aimed at enhancing U.S. mineral independence. The applications cover significant areas believed to contain large quantities of critical metals such as nickel, copper, cobalt, and manganese, which are essential for energy, infrastructure, and defense. This strategic move is expected to bolster the company’s leadership in the deep-sea minerals sector and could mobilize substantial private sector investment in related U.S. industries.
Spark’s Take on TMC Stock
According to Spark, TipRanks’ AI Analyst, TMC is a Underperform.
TMC’s overall stock score reflects significant financial challenges, with poor income and cash flow performance indicating instability. Technical analysis shows positive momentum, but valuation remains unattractive due to negative earnings. Strategic regulatory shifts present potential future opportunities but are offset by ongoing uncertainty and geopolitical risks.
To see Spark’s full report on TMC stock, click here.
More about TMC the metals company Inc.
The Metals Company Inc. is an explorer of critical metals from seafloor polymetallic nodules, focusing on supplying metals for infrastructure, energy, and technology sectors. The company aims to provide a sustainable source of metals while minimizing environmental impact, holding exploration rights in the Clarion Clipperton Zone of the Pacific Ocean.
YTD Price Performance: 175.83%
Average Trading Volume: 6,122,740
Technical Sentiment Signal: Sell
Current Market Cap: $1.19B
See more data about TMC stock on TipRanks’ Stock Analysis page.