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TMC Stock Chart & Stats
$5.32
-$0.10(-8.40%)
At close: 4:00 PM EST
$5.32
-$0.10(-8.40%)
Day’s Range― - ―
52-Week Range$3.84 - $11.35
Previous CloseN/A
Volume1.02M
Average Volume (3M)5.73M
Market Cap
$1.74B
Enterprise Value$2.24B
Total Cash (Recent Filing)$119.68M
Total Debt (Recent Filing)$145.00M
Price to Earnings (P/E)―
Beta1.01
Next Earnings
Aug 17, 2026EPS Estimate
-0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.91
Shares Outstanding433,221,130
10 Day Avg. Volume4,667,971
30 Day Avg. Volume5,732,098
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 Cap1.29
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-12.72K
Enterprise Value/Ebitda-7.07
Forecast
1Y Price Target
$11.00Price Target Upside106.77% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.21
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strategic Allseas Production AgreementA binding agreement with Allseas brings 40+ years of deepwater engineering and commits partner funding for pre-production costs. This materially reduces TMC's execution and capex burden, strengthens operational delivery capability for the late‑2027 commissioning plan, and improves partner risk sharing over the medium term.
NOAA Regulatory Compliance MilestoneNOAA's full compliance finding advances the formal U.S. permitting pathway (Federal Register posting, public comment, EIS) and underpins management's timeline toward a commercial recovery permit. This regulatory progress materially de-risks U.S. access to large nodule areas and enhances project optionality for strategic partners and financing over the next 2–6 months.
Robust Project Economics And Declared ReservePublished PFS and initial assessment NPVs and a declared reserve indicate substantial life‑of‑project economics and a likely low‑cost position in nickel production. These structural economics support long‑term project viability, partner interest, and the potential to finance/scale downstream processing once regulatory and operational milestones are met.
Bears Say
Pre-revenue With Widening LossesTMC remains pre-revenue with materially widening net losses, which depletes liquidity and mandates ongoing external funding. Persistent negative profitability limits margin sustainability and increases reliance on partners/markets to fund capital-intensive buildout, elevating execution and refinancing risk over the medium term.
Negative Equity And Rising LeverageNegative shareholders' equity combined with a sharp increase in debt reduces balance‑sheet flexibility and raises cost of capital. For a pre‑revenue developer, higher leverage constrains options for absorbing delays or overruns, complicates additional project finance, and increases vulnerability to adverse funding conditions.
Dilution Risk From Equity‑settled Payables And CompensationMaterial payables to Allseas structured to be equity‑settled, together with elevated share‑based compensation driving G&A, create dilution and recurring non‑cash expense pressure. This weakens per‑share economics for existing holders and complicates future capital raises and incentive alignment across the development timeline.
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 $3.84 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 $1.74B.
When is TMC the metals company Inc.’s upcoming earnings report date?
TMC the metals company Inc.’s upcoming earnings report date is Aug 17, 2026 which is in 38 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
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Analyst Consensus
Strong Buy
Average Price Target:
$11.00 (106.77% Upside)
$11.00 (106.77% Upside)
Blogger Sentiment
Bullish
TMC Sentiment 70%
Sector Average 72%
Sector Average 72%
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 ▼ 1.0%
Last 30 Days ▼ 2.1%
Last 30 Days ▼ 2.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-38.71%
12-Months-Change
Fundamentals
Return on Equity
6542.67%
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
▲(106.77% Upside)
Technical Analysis
Materion
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Ownership Overview
45.03% Insiders
0.19% Mutual Funds
0.42% Other Institutional Investors
53.52% Public Companies and Individual Investors