After A 67.74% Jump In The Last Week, Does TMC the metals company Inc (NASDAQ: TMC) Still Make Sense To Buy?

During the recent session, TMC the metals company Inc (NASDAQ:TMC)’s traded shares were 4.32 million, with the beta value of the company hitting 1.06. At the last check today, the stock’s price was $3.12, reflecting an intraday gain of 11.83% or $0.33. The 52-week high for the TMC share is $3.57, that puts it down -14.42 from that peak though still a striking 76.92% gain since the share price plummeted to a 52-week low of $0.72. The company’s market capitalization is $1.12B, and the average intraday trading volume over the past 10 days was 10.91 million shares, and the average trade volume was 4.40 million shares over the past three months.

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

TMC the metals company Inc (TMC) registered a 11.83% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 11.83% in intraday trading to $3.12, hitting a weekly high. The stock’s 5-day price performance is 67.74%, and it has moved by 66.84% in 30 days. Based on these gigs, the overall price performance for the year is 81.40%. The short interest in TMC the metals company Inc (NASDAQ:TMC) is 10.95 million shares and it means that shorts have 4.57 day(s) to cover.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -317.80%. While earnings are projected to return 48.00% in 2025.

TMC Dividends

TMC the metals company Inc is due to release its next quarterly earnings on 2025-Mar-26. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

TMC the metals company Inc (NASDAQ:TMC)’s Major holders

TMC the metals company Inc insiders own 46.79% of total outstanding shares while institutional holders control 9.49%, with the float percentage being 17.83%. FIRST MANHATTAN CO. LLC. is the largest shareholder of the company, while 97.0 institutions own stock in it. As of 2024-06-30, the company held over 7.6 million shares (or 2.3693% of all shares), a total value of $10.26 million in shares.

The next largest institutional holding, with 2.28 million shares, is of BAIRD FINANCIAL GROUP, INC.’s that is approximately 0.7098% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.07 million.

Also, the Mutual Funds coming in first place with the largest holdings of TMC the metals company Inc (TMC) shares are Amplify ETF Trust-Amplify Lithium & Battery Technology ETF and SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Developed World ex-US ETF . Data provided on Dec 31, 2024 indicates that Amplify ETF Trust-Amplify Lithium & Battery Technology ETF owns about 531.59 shares. This amounts to just over 0.15 percent of the company’s overall shares, with a $1.62 million market value. The same data shows that the other fund manager holds slightly less at 291.09, or about 0.08% of the stock, which is worth about $0.89 million.