TMC The Metals Company
About: TMC The Metals Co Inc is a deep-sea minerals exploration company focused on the collection, processing, and refining of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone (CCZ). Polymetallic nodules are discrete rocks that sit unattached to the seafloor, occur in notable quantities in the CCZ, and have high concentrations of nickel, copper, cobalt, and manganese in a single rock. The company believes these four metals contained in the polymetallic nodules are critical for energy infrastructure and industrial manufacturing. The Company's business consists of only one operating segment, namely exploration of seafloor polymetallic nodules, which includes the development of a metallurgical process to treat such seafloor polymetallic nodules.
Employees: 47
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 10
68% more capital invested
Capital invested by funds: $36.4M [Q4 2024] → $61.1M (+$24.7M) [Q1 2025]
20% more funds holding
Funds holding: 84 [Q4 2024] → 101 (+17) [Q1 2025]
0.76% more ownership
Funds ownership: 9.45% [Q4 2024] → 10.21% (+0.76%) [Q1 2025]
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
50% less call options, than puts
Call options by funds: $2.88M | Put options by funds: $5.77M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
HC Wainwright & Co. Heiko Ihle | 27%upside $5.50 | Buy Initiated | 20 May 2025 |
Wedbush Daniel Ives | 38%upside $6 | Neutral Reiterated | 16 May 2025 |
Financial journalist opinion
Based on 4 articles about TMC published over the past 30 days
