Boom Or Bust: What Does The Future Hold For TMC the metals company Inc (NASDAQ: TMC) Stock?

TMC the metals company Inc (NASDAQ:TMC)’s traded shares stood at 1.05 million during the last session, with the company’s beta value hitting 1.68. At the close of trading, the stock’s price was $1.66, to imply a decrease of -3.49% or -$0.06 in intraday trading. The TMC share’s 52-week high remains $3.20, putting it -92.77% down since that peak but still an impressive 60.84% since price per share fell to its 52-week low of $0.65. The company has a valuation of $528.29M, with an average of 1.89 million shares over the past 3 months.

TMC the metals company Inc (NASDAQ:TMC) trade information

After registering a -3.49% downside in the last session, TMC the metals company Inc (TMC) has traded red over the past five days. The stock hit a weekly high of 2.0100, dropping -3.49% in its intraday price action. The 5-day price performance for the stock is -11.23%, and -4.60% over 30 days. With these gigs, the year-to-date price performance is 50.91%.

TMC the metals company Inc (TMC) estimates and forecasts

Looking at statistics comparing TMC the metals company Inc share performance against respective industry, we note that the company has outperformed competitors. TMC the metals company Inc (TMC) shares are 83.99% up over the last 6 months, with its year-to-date growth rate higher than industry average at 23.08% against 18.90%.

Revenue forecast for the current quarter as set by 1 analysts is -$. Meanwhile, for the quarter ending Jun 2024, a total of 1 analyst(s) estimate revenue growth to -$.Earnings reports from the last fiscal year show that sales brought in -$ and -$ respectively in the corresponding quarters.

TMC Dividends

TMC the metals company Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. TMC the metals company Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.