TMC The Metals CompanyTMC
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 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
99% more capital invested
Capital invested by funds: $18.4M [Q3] → $36.4M (+$18.1M) [Q4]
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
4.11% more ownership
Funds ownership: 5.34% [Q3] → 9.45% (+4.11%) [Q4]
3% less call options, than puts
Call options by funds: $4.11M | Put options by funds: $4.24M
5% less funds holding
Funds holding: 88 [Q3] → 84 (-4) [Q4]
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wedbush Daniel Ives 42% 1-year accuracy 51 / 121 met price target | 72%upside $4 | Neutral Reiterated | 28 Mar 2025 |
Financial journalist opinion
Based on 5 articles about TMC published over the past 30 days









