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TMC the metals company Inc.

TMC

Last
$3.36
Day
-2.2%
1y
-63.4%
5y
-28.8%
52w
-69.8%
SPY YTD
+13.3%
XLB
+6.8%
Earnings
2026-11-1232d
EMA 21
3.83
EMA 50
4.06
EMA 200
4.80
20d high
-23.4%
5y high
-69.8%
5y range
27th
Website · 48 employees · Canada

Positions held

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Score
-27
Hold
avoid
Signal
Strong Sell
Target
$3.82
Stop
$3.10
Stop distance
7.6%
Target vs last
+13.9%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • TMC operates in the emerging sector of deep-sea mining, which has the potential to revolutionize the supply of critical metals needed for green technologies.
  • The company's market cap stands at approximately $1.63 billion, indicating significant investor interest.
  • TMC has a strong buy recommendation with a target mean price of $10.9.
Bear case
  • The company has reported negative net income for multiple quarters, with a net loss of -60.123 million in Q2 2026.
  • TMC has not generated any revenue in the last several quarters, consistently reporting zero revenue.
  • The company's overall score is a strong sell with a score of -18.00, indicating bearish market sentiment.

Fundamentals

Market cap$1.51BEnterprise value$1.41BTrailing P/E—Forward P/E-14.29
PEG—Price / book-54.44Beta1.91Dividend yield0.00%
Revenue growth—Earnings growth—Gross margin0.0%Operating margin0.0%
Profit margin0.0%ROE-11.2%ROA-72.5%Debt / equity—
Current ratio1.93Free cash flow$20.78MAnalyst recommendationstrong_buyMean target$10.90
52w high$11.3552w low$3.31

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$0.0M$0.0M$0.0M$0.0M$0.0M—
Op margin——————
Net income-$60.1M-$20.6M-$40.4M-$185M-$74.3M—
Gross margin——————
Gross profit——————
Operating income-$71.7M-$34.0M-$44.7M-$55.4M-$22.0M—

Yearly (6y)

20252024202320222021
Revenue$0.0M$0.0M$0.0M$0.0M—
Op margin—————
Net income-$320M-$81.9M-$73.8M-$171M—
Gross margin—————
Gross profit—————
Operating income-$140M-$81.3M-$72.4M-$174M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

TMC · daily-22.2% over 13 sessions
Close EMA21 EMA50 EMA200
3.253.573.904.224.542026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$185M-$138M-$92M-$46M$0M0%5%10%2025-Q22025-Q32025-Q42026-Q12026-Q2