TMC the metals company Inc (NASDAQ:TMC) At $3.69: Does It Look Expensive?

In last trading session, TMC the metals company Inc (NASDAQ:TMC) saw 61.06 million shares changing hands with its beta currently measuring 1.22. Company’s recent per share price level of $3.69 trading at $1.14 or 44.71% at ring of the bell on the day assigns it a market valuation of $1.32B. That closing price of TMC’s stock is at a premium of 3.25% from its 52-week high price of $3.57 and is indicating a premium of 80.49% from its 52-week low price of $0.72. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 19.28 million shares which gives us an average trading volume of 4.49 million if we extend that period to 3-months.

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

Upright in the green during last session for gaining 44.71%, in the last five days TMC remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $3.69 price level, adding 2.89% to its value on the day. TMC the metals company Inc’s shares saw a change of 229.46% in year-to-date performance and have moved 32.26% in past 5-day. TMC the metals company Inc (NASDAQ:TMC) showed a performance of 106.15% in past 30-days. Number of shares sold short was 10.95 million shares which calculate 4.57 days to cover the short interests.

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 -317.80% during past 5 years.

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

Insiders are in possession of 45.38% of company’s total shares while institution are holding 9.18 percent of that, with stock having share float percentage of 16.80%. Investors also watch the number of corporate investors in a company very closely, which is 9.18% institutions for TMC the metals company Inc that are currently holding shares of the company. FIRST MANHATTAN CO. LLC. is the top institutional holder at TMC for having 7.6 million shares of worth $10.26 million. And as of 2024-06-30, it was holding 2.3693 of the company’s outstanding shares.

The second largest institutional holder is BAIRD FINANCIAL GROUP, INC., which was holding about 2.28 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.7098 of outstanding shares, having a total worth of $3.07 million.

On the other hand, Amplify ETF Trust-Amplify Lithium & Battery Technology ETF and SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Developed World ex-US ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 531.59 shares of worth $1.96 million or 0.15% of the total outstanding shares. The later fund manager was in possession of 291.09 shares on Feb 28, 2025 , making its stake of worth around $1.07 million in the company or a holder of 0.08% of company’s stock.