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The latest update is out from TMC the metals company Inc. ( (TMC) ).
On May 12, 2025, TMC the metals company Inc. announced a securities purchase agreement to raise approximately $37 million through a registered direct offering of common shares and accompanying Class C warrants. This financial move is expected to support the company’s strategic focus on advancing its commercial production strategy for deep-sea polymetallic nodules under the U.S. regulatory pathway, following recent applications submitted to NOAA. The company is also progressing with strategic alliances and feasibility studies for processing nodules, while navigating complex regulatory environments and maintaining its rights under ISA exploration contracts.
The most recent analyst rating on (TMC) stock is a Buy with a $3.75 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 deep-sea mining industry, focusing on the exploration and commercial recovery of polymetallic nodules. These nodules contain valuable metals such as nickel, copper, cobalt, and manganese, which are critical for various industries, including battery manufacturing and steel production. The company is actively pursuing regulatory pathways in the United States under the Deep Seabed Hard Mineral Resources Act (DSHMRA) and maintains exploration contracts under the International Seabed Authority (ISA) framework.
Average Trading Volume: 6,807,523
Technical Sentiment Signal: Buy
Current Market Cap: $1.12B
For an in-depth examination of TMC stock, go to TipRanks’ Stock Analysis page.