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TMC Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
4.180
Open
4.180
VWAP
4.03
Vol
8.13M
Mkt Cap
1.75B
Low
3.865
Amount
32.75M
EV/EBITDA(TTM)
--
Total Shares
433.22M
EV
1.72B
EV/OCF(TTM)
--
P/S(TTM)
--
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.
Show More

Events Timeline

(ET)
2026-06-30
08:00:00
Metals Royalty Company Updates Mesabi Metallics Construction Progress
select
2026-05-14 (ET)
2026-05-14
16:50:00
TMC USA A Project Receives Compliance Confirmation, Expected Approval by 2027
select
2026-04-16 (ET)
2026-04-16
08:40:00
TMC Submits Deep-Sea Exploration Data, Over $250 Million Invested
select
2026-03-31 (ET)
2026-03-31
17:30:00
Metals Company Files Automatic Mixed Securities Shelf
select
2026-03-02 (ET)
2026-03-02
09:00:00
Metals Royalty Company Files for Direct Listing on Nasdaq
select

News

Fool
8.5
07-07Fool
PinnedConcerns Over Investment Prospects in Rare Earth Metals
  • Growing Market Demand: The global demand for rare earth metals is increasing, particularly in defense and high-tech sectors; however, TMC has yet to commence production, posing significant investment risks.
  • Government Support Acceleration: The U.S. government is pushing for process changes to help TMC obtain necessary mining permits, although the current progress is limited to the formal certification of the application.
  • Deep-Sea Mining Challenges: TMC's plan to establish a deep-sea mining operation is extremely complex, and it is unlikely to achieve profitability within the next year, necessitating caution from investors.
  • Long-Term Investment Risks: As a money-losing startup, TMC may still not achieve profitability in the coming year, prompting conservative investors to consider waiting until the company has production capabilities before investing.
NASDAQ.COM
8.5
07-07NASDAQ.COM
The Metals Company Faces Challenges in Deep-Sea Mining Plans
  • Government Support Strengthens: The U.S. government is pushing for changes to the process that would allow The Metals Company to obtain the necessary permits for its deep-sea mining operation, which will accelerate the company's development, although it remains in a loss-making state and far from actual production.
  • Permit Application Progress: The Metals Company's permit application has been formally certified by the U.S. National Oceanic and Atmospheric Administration (NOAA), which, while only indicating that the application was filled out correctly, marks an important step in the complex approval process for the company.
  • Market Competition Pressure: As the world's main supplier of rare-earth metals, China uses its resources as a geopolitical bargaining chip, putting The Metals Company under significant market competition pressure, especially against the backdrop of increasing global demand for rare-earth metals.
  • Investment Risk Warning: The Metals Company is viewed as a high-risk investment, likely remaining in a loss-making state over the next year, prompting conservative investors to consider waiting until the company achieves profitability before investing.
Yahoo Finance
8.5
07-07Yahoo Finance
TMC The Metals Company Faces Investment Challenges
  • Significant Investment Risk: TMC The Metals Company is currently not producing rare-earth metals and is expected to remain a money-losing startup for at least another year, making it a high-risk investment suitable only for aggressive investors with a long-term horizon.
  • Increased Government Support: The U.S. government is pushing for changes in the approval process to help TMC obtain the necessary permits for its planned mining operations, aiming to accelerate the company's development, although it has only achieved formal certification of its application so far.
  • Intensifying Industry Competition: As the main supplier of rare-earth metals, China uses its resources as a geopolitical bargaining chip, prompting countries to increase support for rare-earth metal producers, which has drawn more attention to TMC in this context.
  • Market Caution Advised: Most investors should approach TMC's stock with caution, recommending that they maintain a safe distance until the company becomes profitable or establishes a producing mine to mitigate investment risks.
NASDAQ.COM
8.5
07-05NASDAQ.COM
Analysis of Investment Opportunities in Rare Earth Metals
  • MP Materials Progress: MP Materials operates a rare earth metals mine in California and has processing facilities, achieving adjusted profits in Q1 2026, indicating its potential for sustainable profitability, which attracts long-term investor interest.
  • USA Rare Earth Acquisition Moves: USA Rare Earth recently acquired a rare earth metals mine in South America and is building a new mine in Texas; while currently unprofitable, its aggressive acquisition strategy and processing capabilities in the U.S. and Europe show promising development prospects.
  • The Metals Company Risks and Potential: The Metals Company plans to build an undersea mine, facing high risks and regulatory approval challenges, but its unique business model may attract investors seeking high growth potential, despite likely ongoing losses in the short term.
  • Rare Earth Market Outlook: With increasing global demand for rare earth metals, particularly in electric vehicles and defense sectors, the developments of MP Materials, USA Rare Earth, and The Metals Company will provide crucial supply for the U.S. market, although investment risks remain high.
Fool
8.5
07-05Fool
Analysis of Investment Opportunities in Rare Earth Metals
  • Current Market Situation: Rare earth metals primarily come from China, and their importance in electric vehicles and the defense industry means that supply restrictions could severely impact automotive production, particularly in the electric vehicle sector, with far-reaching consequences.
  • MP Materials' Leading Development: As a frontrunner in the rare earth metals industry, MP Materials operates a mine in California and has processing capabilities, with an expected adjusted profit in Q1 2026, indicating potential for sustainable profitability.
  • Challenges for USA Rare Earth: USA Rare Earth is building a mine in Texas, which will take several years to complete and is currently unprofitable; however, it is aggressively acquiring assets, including an operating mine in South America, showing promising progress.
  • High-Risk Profile of The Metals Company: The Metals Company plans to build an undersea mine, facing regulatory approvals and high costs; while it has significant growth potential, it is only suitable for investors with a high-risk tolerance, as it may continue to incur losses in the short term.
Yahoo Finance
8.5
07-05Yahoo Finance
Analysis of Investment Opportunities in Rare Earth Metals
  • Importance of Rare Earth Metals: Rare earth metals are crucial in various applications, including cellphones and automobiles, particularly in electric vehicle production, where supply constraints could severely impact overall market performance.
  • MP Materials' Leading Position: As a frontrunner in the rare earth metals sector, MP Materials operates a mine in California and has processing facilities, with expectations of achieving adjusted profitability in Q1 2026, indicating potential for sustainable profits.
  • USA Rare Earth Development Challenges: USA Rare Earth is building a mine in Texas, and while its acquisition strategy has bolstered material processing capabilities in the U.S. and Europe, its current lack of profitability may deter conservative investors.
  • The Metals Company High-Risk Potential: The Metals Company aims to establish an undersea mine, facing regulatory approvals and high construction costs, presenting significant risks but potentially offering substantial growth opportunities for aggressive investors.
Wall Street analysts forecast TMC stock price to rise
3 Analyst Rating
Wall Street analysts forecast TMC stock price to rise
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
6.50
Averages
8.33
High
11.00
Current: 0.000
sliders
Low
6.50
Averages
8.33
High
11.00
Maxim
Buy
initiated
$10
AI Analysis
2026-06-04
Reason
Maxim
Price Target
$10
AI Analysis
2026-06-04
initiated
Buy
Reason
Maxim initiated coverage of Metals Company with a Buy rating and $10 price target.
Wedbush
Daniel Ives
Outperform
downgrade
$11 -> $8
2026-03-31
Reason
Wedbush
Daniel Ives
Price Target
$11 -> $8
2026-03-31
downgrade
Outperform
Reason
Wedbush analyst Daniel Ives lowered the firm's price target on Metals Company to $8 from $11 to reflect a lower multiple, while keeping an Outperform rating on the shares. The firm notes the company reported its Q4 results on Friday where the company provided sizable updates across its business including its progress with NOAA to receive its commercial production application while in negotiations to develop a nodule processing and refining hub in Texas. Wedbush remains bullish as the company continues to chip away at its long-term strategy while looking to get its commercial permit during 2026.
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Valuation Metrics

The current forward P/E ratio for TMC the metals company Inc (TMC.O) is 0.00, compared to its 5-year average forward P/E of -8.92. For a more detailed relative valuation and DCF analysis to assess TMC the metals company Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-8.92
Current PE
0.00
Overvalued PE
-0.42
Undervalued PE
-17.42

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-12.22
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
-0.48
Undervalued EV/EBITDA
-23.97

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
12.26
Current PS
89.92
Overvalued PS
42.09
Undervalued PS
-17.58

Financials

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Whales Holding TMC

E
Encompass Capital Advisors LLC
Holding
TMC
-4.75%
3M Return

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Frequently Asked Questions

What is TMC the metals company Inc (TMC) stock price today?

The current price of TMC is 4.04 USD — it has decreased -4.72

What is TMC the metals company Inc (TMC)'s business?

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.

What is the price predicton of TMC Stock?

Wall Street analysts forecast TMC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TMC is8.33 USD with a low forecast of 6.50 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is TMC the metals company Inc (TMC)'s revenue for the last quarter?

TMC the metals company Inc revenue for the last quarter amounts to -33.98M USD, increased 88.63

What is TMC the metals company Inc (TMC)'s earnings per share (EPS) for the last quarter?

TMC the metals company Inc. EPS for the last quarter amounts to -650000.00 USD, decreased -93.10

How many employees does TMC the metals company Inc (TMC). have?

TMC the metals company Inc (TMC) has 48 emplpoyees as of July 08 2026.

What is TMC the metals company Inc (TMC) market cap?

Today TMC has the market capitalization of 1.75B USD.