TMC The Metals Company

TMC

Market cap $1.62B

The Metals Company stock soared in 2025, but it performed poorly in the first half of 2026. There were several positive developments for the company in May.

TMC the metals company Inc. (TMC) Discusses Project Progress and Addresses Investor Questions in Special Call Transcript

The Metals Company is working to address a growing supply shortage of critical metals. If deep-sea mining becomes commercially viable, the company could emerge as a first mover.

The Metals Company is attempting to build a deep-sea underwater mining operation.  It is receiving strong government support, but achieving its audacious goal will not be easy.

Permitting progress could unlock TMC's biggest growth opportunity. Critical mineral policy is becoming a powerful tailwind.

Rare-earth metals are increasingly important because of their use in high-tech products. TMC The Metals Company and MP Materials are two very different ways to invest in the rare-earth space.

TMC The Metals Company is a speculative, pre-revenue mining company. It does have some potential tailwinds.

The Canadian company's U.S. subsidiary is applying for a permit to mine the Pacific Ocean for rare metals. The stock is up over 23% so far this year as the company looks to navigate past international regulations.

TMC The Metals Company received regulatory approval from NOAA for its expanded ocean-mining application. Estimates suggest the newly licensed area could contain over 1 billion tonnes of polymetallic nodules, rich in critical minerals essential to various technologies.

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.