In the last trading session, 1.25 million TMC the metals company Inc (NASDAQ:TMC) shares changed hands as the company’s beta touched 1.42. With the company’s per share price at $1.81 changed hands at -$0.04 or -2.16% during last session, the market valuation stood at $622.93M. TMC’s last price was a discount, traded about -40.88% off its 52-week high of $2.55. The share price had its 52-week low at $0.72, which suggests the last value was 60.22% up since then. When we look at TMC the metals company Inc’s average trading volume, we note the 10-day average is 1.59 million shares, with the 3-month average coming to 2.97 million.
TMC the metals company Inc (NASDAQ:TMC) trade information
Instantly TMC was in red as seen at the end of in last trading. With action 4.02%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 61.61%, with the 5-day performance at 4.02% in the green. However, in the 30-day time frame, TMC the metals company Inc (NASDAQ:TMC) is -2.69% down. Looking at the short shares, we see there were 10.84 million shares sold at short interest cover period of 3.77 days.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -497.91%. The 2025 estimates are for TMC the metals company Inc earnings to increase by 16.51%, but the outlook for the next 5-year period is at 21.66% per year.
TMC Dividends
TMC the metals company Inc is expected to release its next quarterly earnings report on 2024-Nov-13.
TMC the metals company Inc (NASDAQ:TMC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 49.05% of TMC the metals company Inc shares while 9.63% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 18.90%. There are 9.63% institutions holding the TMC the metals company Inc stock share, with FIRST MANHATTAN CO. LLC. the top institutional holder. As of 2024-06-30, the company held 2.3693% of the shares, roughly 7.6 million TMC shares worth $10.26 million.
BAIRD FINANCIAL GROUP, INC. holds the second largest percentage of outstanding shares, with 0.7098% or 2.28 million shares worth $3.07 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Amplify Lithium & Battery Technology ETF and SPDR Portfolio Developed World ex-US ETF . With 531.59 shares estimated at $0.96 million under it, the former controlled 0.16% of total outstanding shares. On the other hand, SPDR Portfolio Developed World ex-US ETF held about 0.07% of the shares, roughly 218.26 shares worth around $0.4 million.
