Want to see TMC full AI Analyst Report?
TMC Stock Chart & Stats
$4.96
-$0.14(-3.67%)
At close: 4:00 PM EDT
$4.96
-$0.14(-3.67%)
Day’s Range― - ―
52-Week Range$3.40 - $11.35
Previous CloseN/A
Volume4.16M
Average Volume (3M)6.15M
Market Cap
$1.67B
Enterprise Value$1.97K
Total Cash (Recent Filing)$98.66M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.12
Next Earnings
Nov 12, 2026EPS Estimate
-0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.85
Shares Outstanding441,135,470
10 Day Avg. Volume4,116,461
30 Day Avg. Volume6,150,707
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 Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-0.02
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$11.00Price Target Upside121.77% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.38
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Regulatory ProgressPublication of the USA-A application moves TMC into a formal public-review stage under NOAA’s consolidated process. This is a structural regulatory milestone that can improve the pathway toward certification and potential commercial recovery, although approval remains outstanding.
Allseas Development PartnershipThe Allseas agreement provides an experienced development and operating partner for TMC’s first commercial production system, targeted at 3 million wet tonnes annually. Allseas will fund a significant portion of preproduction costs, reducing TMC’s upfront development burden.
Resource EconomicsThe reported study outcomes indicate substantial potential economic scale across TMC’s resource base, with large estimated revenue and EBITDA. If technical, regulatory, and operational hurdles are overcome, this could support meaningful long-term project value and strategic relevance.
Bears Say
Pre-Revenue LossesTMC has not reached commercial production, so it lacks recurring operating revenue to offset development costs. Persistent net and operating losses leave earnings dependent on eventual project execution, making the business vulnerable if commercialization takes longer or requires more capital.
Cash BurnSustained negative operating and free cash flow means TMC is not currently self-funding its exploration and development program. Continued cash burn increases reliance on external financing and can constrain strategic flexibility before any production-based revenue is available.
Permitting And ISA UncertaintyUnresolved international rules and delayed permitting create schedule uncertainty around TMC’s path to commercial operations. Prolonged regulatory processes could defer production, extend the period of cash consumption, and increase the funding and execution demands required to advance the projects.
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 $3.40 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 $1.67B.
When is TMC the metals company Inc.’s upcoming earnings report date?
TMC the metals company Inc.’s upcoming earnings report date is Nov 12, 2026 which is in 52 days.
How were TMC the metals company Inc.’s earnings last quarter?
TMC the metals company Inc. released its earnings results on Aug 13, 2026. The company reported -$0.14 earnings per share for the quarter, missing the consensus estimate of -$0.063 by -$0.077.
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 -0.07.
How many shares outstanding does TMC the metals company Inc. have?
TMC the metals company Inc. has 441,135,470 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 -$0.14 in its last earnings report, missing expectations of -$0.063. Following the earnings report the stock price went down -9.07%.
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$11.00 (121.77% Upside)
$11.00 (121.77% Upside)
Blogger Sentiment
Bullish
TMC Sentiment 81%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 2.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-33.33%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
4.13%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed substantial progress on multiple strategic fronts — regulatory milestones entering public review, a binding development/operating agreement with Allseas advancing into procurement and fabrication, strong resource economics (combined NPV $23.6B), growing U.S. government support, and concrete onshore planning and partner commitments (Mariana, Eco Minerals, PAMCO). At the same time, near-term financial metrics show significant increased exploration spend, negative free cash flow, payables tied to preproduction work, and a modest permitting delay that introduces schedule uncertainty. Overall, the updates indicate positive momentum toward commercial development and an attractive long-term resource case, tempered by clear near-term cash burn and timing risks.View all TMC earnings summariesTMC Stock 12 Month Forecast
Average Price Target
$11.00
▲(121.77% Upside)
Technical Analysis
Materion
―
Compass Minerals International
―
American Battery Technology
―
Iperionx Ltd. ADR
―
USA Rare Earth
―
Ownership Overview
41.33% Insiders
0.18% Mutual Funds
5.34% Other Institutional Investors
52.30% Public Companies and Individual Investors