TMC The Metals Company (TMC)

• Market cap: $522M
• 1 day: -6.40%
• 5 days: -10.06%
• 1 month: -4.73%
• 3 months: 34.17%
• 6 months: 51.89%
• Year to date: 34.17%
• 1 year: 11.81%
• 5 years: -82.89%
• 10 years: -82.89%
• Sector: Materials
• Industry: Metal Mining

Fund manager confidence

Based on 2024 Q4 regulatory filings 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

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $3.75 133% upside
• Avg. target: $3.88 141% upside
• High target: $4 148% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Wedbush Daniel Ives 52% 1-year accuracy 65 / 124 met price target	148% upside $4	Neutral Reiterated	28 Mar 2025
Alliance Global Partners Jake Sekelsky 50% 1-year accuracy 3 / 6 met price target	133% upside $3.75	Buy Initiated	15 Jan 2025