TMC the metals NASDAQ: TMC is advancing a U.S. permitting process for commercial deep-sea nodule recovery while preparing offshore collection equipment and evaluating domestic processing options, Chief Financial Officer Craig Shesky said during a Water Tower Research conference session.
The Metals Company is uniquely positioned as the only firm advancing a US commercial permit for seafloor mining. TMC's investment thesis centers on its first-mover advantage in deep-sea mineral extraction, a critical differentiator in the sector. The company's progress on regulatory and permitting fronts underpins its strategic value and potential for outsized returns.
TMC the metals TodayTMCTMC the metals$4.01 -0.40 (-9.07%) As of 08/14/2026 04:00 PM Eastern52-Week Range$3.40▼$11.35Price Target$10.58Add to WatchlistThe Metals Company NASDAQ: TMC is a speculative deep-sea mining play that is advancing its strategy and gaining traction.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 50,000 | $58,530 | $128,690 | $70,160 | 119.87% |
Curtis Ellergodt Rothschild Investment LLC | 87 | $385 | $228.81 | -$156.19 | -40.57% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 82,024 | $363,363 | $215,723.12 | -$147,639.88 | -40.63% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 890 | $4,846.5 | $2,340.7 | -$2,505.8 | -51.7% |
| JM John Malone Amundi | 320,673 | $1.49M | $856,196.91 | -$633,465.12 | -42.52% |
| Metals & Mining Industry | Materials Sector | Gerard Barron CEO | NASDAQ (NGS) Exchange | 87261Y106 CUSIP |
| CA Country | 48 Employees | - Last Dividend | - Last Split | 10 Sep 2021 IPO Date |
TMC the metals company Inc. is a pioneering entity focused on the exploration of deep-sea minerals, specifically targeting the extraction, processing, and refining of polymetallic nodules. These nodules, rich in critical metals, are located on the seafloor within the Clarion Clipperton Zone (CCZ), southwest of San Diego, California. Established initially as Sustainable Opportunities Acquisition Corporation, TMC rebranded to align more closely with its core mission and area of expertise. Holding exploration and commercial rights over three significant areas within the CCZ of the Pacific Ocean, the company plays a crucial role in sourcing metals essential for the burgeoning sectors of electric vehicles (EV), renewable energy storage, and more. TMC was founded in 2019 and boasts its headquarters in Vancouver, Canada, marking its presence as a key player in the future of sustainable mining practices and the clean energy transition.
The company's groundbreaking work in retrieving polymetallic nodules from the deep sea not only opens up a new frontier for mineral exploration but also supports critical sectors such as electric vehicles, renewable energy storage markets, and clean energy transmission. Furthermore, its products are instrumental in producing manganese alloy, essential for robust steel production—an industry cornerstone.