Its valuation is considered fairly valued, Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at max_target_price.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
TMC the metals company Inc's Score
Industry at a Glance
Industry Ranking
97 / 140
Overall Ranking
426 / 4682
Industry
Metals & Mining
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
8.800
Target Price
+12.82%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
TMC the metals company Inc Highlights
StrengthsRisks
TMC the metals company Inc. is a deep-sea minerals exploration company. The Company is focused on the collection and processing of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone in the Pacific Ocean (CCZ), located approximately 1,300 nautical miles southwest of San Diego, California. The CCZ is a geological submarine fracture zone of abyssal plains and other formations in the Eastern Pacific Ocean, with a length of around 4,500 miles that spans approximately 1,737,000 square miles. These nodules contain high grades of four metals (nickel, copper, cobalt, manganese) which can be used as feedstock for battery cathode precursors (nickel, cobalt and manganese sulfates, or intermediate nickel-copper-cobalt matte) for electric vehicles (EV) and energy storage markets; copper cathode for EV wiring, energy transmission and other applications, and manganese silicate for manganese alloy production required for steel production.
Overvalued
The company’s latest PB is 33.38, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 46.11M shares, increasing 12.46% quarter-over-quarter.
TMC the metals company Inc. is a deep-sea minerals exploration company. The Company is focused on the collection and processing of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone in the Pacific Ocean (CCZ), located approximately 1,300 nautical miles southwest of San Diego, California. The CCZ is a geological submarine fracture zone of abyssal plains and other formations in the Eastern Pacific Ocean, with a length of around 4,500 miles that spans approximately 1,737,000 square miles. These nodules contain high grades of four metals (nickel, copper, cobalt, manganese) which can be used as feedstock for battery cathode precursors (nickel, cobalt and manganese sulfates, or intermediate nickel-copper-cobalt matte) for electric vehicles (EV) and energy storage markets; copper cathode for EV wiring, energy transmission and other applications, and manganese silicate for manganese alloy production required for steel production.
Ticker SymbolTMC
CompanyTMC the metals company Inc
CEOBarron (Gerard)
Websitehttps://metals.co/
FAQs
What is the current price of TMC the metals company Inc (TMC)?
The current price of TMC the metals company Inc (TMC) is 7.890.
What is the symbol of TMC the metals company Inc?
The ticker symbol of TMC the metals company Inc is TMC.
What is the 52-week high of TMC the metals company Inc?
The 52-week high of TMC the metals company Inc is 11.350.
What is the 52-week low of TMC the metals company Inc?
The 52-week low of TMC the metals company Inc is 0.721.
What is the market capitalization of TMC the metals company Inc?
The market capitalization of TMC the metals company Inc is 3.23B.
What is the net income of TMC the metals company Inc?
The net income of TMC the metals company Inc is -81.94M.
Is TMC the metals company Inc (TMC) currently rated as Buy, Hold, or Sell?
According to analysts, TMC the metals company Inc (TMC) has an overall rating of Buy, with a price target of 8.800.
What is the Earnings Per Share (EPS TTM) of TMC the metals company Inc (TMC)?
The Earnings Per Share (EPS TTM) of TMC the metals company Inc (TMC) is -0.798.