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TMC the metals company Inc. ( (TMC) ) has issued an update.
On June 25, 2025, TMC the metals company Inc. completed a private placement with Korea Zinc, issuing 19,623,376 common shares and a warrant for additional shares, raising approximately $85.2 million. Additionally, the company finalized a registered direct offering with various investors on May 12, 2025, issuing 12,333,333 common shares and Class C warrants, securing around $37.0 million. These financings have increased the company’s cash balance to approximately $122.8 million as of June 30, 2025, potentially enhancing its financial stability and operational capabilities.
The most recent analyst rating on (TMC) stock is a Buy with a $5.50 price target. To see the full list of analyst forecasts on TMC the metals company Inc. stock, see the TMC Stock Forecast page.
Spark’s Take on TMC Stock
According to Spark, TipRanks’ AI Analyst, TMC is a Neutral.
TMC faces significant financial challenges, with poor income and cash flow performance indicating instability. Although the technical analysis shows positive momentum, the valuation remains unattractive due to negative earnings. The strategic regulatory shifts present potential future opportunities but are offset by ongoing uncertainty and geopolitical risks, resulting in a low overall score.
To see Spark’s full report on TMC stock, click here.
More about TMC the metals company Inc.
TMC the metals company Inc. operates in the metals industry, focusing on the exploration and extraction of polymetallic nodules from the ocean floor, which are rich in metals such as nickel, copper, cobalt, and manganese. The company aims to provide sustainable metal solutions for the electric vehicle and renewable energy markets.
Average Trading Volume: 11,802,458
Technical Sentiment Signal: Buy
Current Market Cap: $2.53B
Learn more about TMC stock on TipRanks’ Stock Analysis page.