In the last trading session, 3.02 million TMC the metals company Inc (NASDAQ:TMC) shares changed hands as the company’s beta touched 1.28. With the company’s per share price at $1.76 changed hands at -$0.07 or -3.83% during last session, the market valuation stood at $612.33M. TMC’s last price was a discount, traded about -44.89% 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 59.09% up since then. When we look at TMC the metals company Inc’s average trading volume, we note the 10-day average is 4.94 million shares, with the 3-month average coming to 3.22 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 2.33%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 57.14%, with the 5-day performance at 2.33% in the green. However, in the 30-day time frame, TMC the metals company Inc (NASDAQ:TMC) is -3.30% down. Looking at the short shares, we see there were 11.08 million shares sold at short interest cover period of 4.46 days.
According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -317.80%. The 2025 estimates are for TMC the metals company Inc earnings to increase by 48.00%.
TMC Dividends
TMC the metals company Inc is expected to release its next quarterly earnings report on 2025-Mar-26.
TMC the metals company Inc (NASDAQ:TMC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 46.79% of TMC the metals company Inc shares while 9.47% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 17.81%. There are 9.47% 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 ETF Trust-Amplify Lithium & Battery Technology ETF and SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Developed World ex-US ETF . With 531.59 shares estimated at $0.94 million under it, the former controlled 0.15% of total outstanding shares. On the other hand, SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Developed World ex-US ETF held about 0.08% of the shares, roughly 291.09 shares worth around $0.51 million.
