Does TMC the metals company Inc (NASDAQ:TMC) Look Expensive At $1.51? Here’s How To Know.

In last trading session, TMC the metals company Inc (NASDAQ:TMC) saw 1.26 million shares changing hands with its beta currently measuring 1.73. Company’s recent per share price level of $1.51 trading at -$0.01 or -0.66% at ring of the bell on the day assigns it a market valuation of $480.92M. That closing price of TMC’s stock is at a discount of -111.92% from its 52-week high price of $3.20 and is indicating a premium of 56.95% from its 52-week low price of $0.65. Taking a look at company’s average trading volume volume of 1.95 million if we extend that period to 3-months.

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

Upright in the red during last session for losing -0.66%, in the last five days TMC remained trading in the red while hitting it’s week-highest on Friday, 04/26/24 when the stock touched $1.51 price level, adding 9.04% to its value on the day. TMC the metals company Inc’s shares saw a change of 37.27% in year-to-date performance and have moved -5.63% in past 5-day. TMC the metals company Inc (NASDAQ:TMC) showed a performance of -4.43% in past 30-days.

TMC the metals company Inc (TMC) estimates and forecasts

Statistics highlight that TMC the metals company Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 86.42% of value to its shares in past 6 months, showing an annual growth rate of 23.08% while that of industry is 22.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of -$ for the same. And 1 analysts are in estimates of company making revenue of -$ in the next quarter that will end on Jun 2024. Company posted -$ and -$ of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -497.91% during past 5 years.

TMC Dividends

TMC the metals company Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.