Summary
TMC the metals company Inc. (TMC) Discusses Project Progress and Addresses Investor Questions in Special Call Transcript
TMC the metals company Inc. (TMC) Discusses Project Progress and Addresses Investor Questions in Special Call Transcript
Wall Street Analysts Believe The Metals Company (TMC) Could Rally 63.52%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 63.5% in The Metals Company (TMC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
TMC The Metals Company: Buy The Critical Minerals Play On The Dip
TMC the metals company Inc. is positioned for deep-sea mining of critical minerals essential for EVs and low-carbon energy. The company targets production capacity of 3.0 million wet tonnes of deepsea nodules annually, with key minerals including nickel, copper, manganese, and cobalt. TMC anticipates commissioning and installation in Q4 2027, following a deep seabed mineral exploration permit expected in Q1 2027.
TMC the metals company Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 50,000 | $58,530 | $202,000 | $143,470 | 245.12% |
| CE Curtis Ellergodt Rothschild Investment LLC | 7 | $43 | $28.28 | -$14.72 | -34.23% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 720 | $4,093.4 | $2,878.7 | -$1,214.7 | -29.67% |
 Point72 Asset Management LP Point72 Asset Management LP | 161,967 | $999,336.45 | $647,058.16 | -$352,278.29 | -35.25% |
| YA Yinka Akinsola Blue Trust Inc. | 1,935 | $12,325.95 | $7,730.32 | -$4,595.63 | -37.28% |
TMC the metals company Inc. (TMC) FAQ
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TMC the metals company Inc. Profile
| 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 |
Overview
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.
Products and Services
- Nickel: Integral to manufacturing batteries for electric vehicles (EVs) and energy storage solutions, TMC's exploration efforts aim to provide a sustainable source of high-grade nickel.
- Cobalt: Critical for the production of durable and high-efficiency batteries, cobalt sourced from deep-sea nodules promises a resilient supply chain less dependent on conflict-prone terrestrial mining.
- Copper: With its excellent conductivity, copper is essential for EV wiring and the transmission of clean energy. TMC focuses on harvesting copper from the ocean floor to meet the increasing demand driven by the clean energy revolution.
- Manganese: This metal is vital for steel production and manufacturing manganese alloys. TMC's manganese supply supports traditional industries and new technologies alike, reinforcing the backbone of various manufacturing sectors.
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.
