In the last trading session, 15.31 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 $3.31 changed hands at $0.26 or 8.52% during last session, the market valuation stood at $1.19B. TMC’s last price was a discount, traded about -14.8% off its 52-week high of $3.80. The share price had its 52-week low at $0.72, which suggests the last value was 78.25% up since then. When we look at TMC the metals company Inc’s average trading volume, we note the 10-day average is 22.57 million shares, with the 3-month average coming to 5.77 million.
TMC the metals company Inc (NASDAQ:TMC) trade information
Instantly TMC was in green as seen at the end of in last trading. With action 35.66%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 195.54%, with the 5-day performance at 35.66% in the green. However, in the 30-day time frame, TMC the metals company Inc (NASDAQ:TMC) is 94.71% up. Looking at the short shares, we see there were 12.74 million shares sold at short interest cover period of 2.0 days.
The consensus price target for the stock as assigned by Wall Street analysts is 6.25, meaning bulls need an upside of 47.04% from its current market value. According to analyst projections, TMC’s forecast low is 6.25 with 6.25 as the target high. To hit the forecast high, the stock’s price needs a -88.82% plunge from its current level, while the stock would need to soar -88.82% for it to hit the projected low.
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 45.38% of TMC the metals company Inc shares while 9.18% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 16.80%. There are 9.18% 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 $1.76 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 $0.96 million.
