TMC the metals company Inc. (TMC)Basic Materials | Other Industrial Metals & Mining | Vancouver, Canada | NasdaqGS
4.81 USD
-0.28
(-5.501%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 4.85 +0.04 (0.832%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:44 a.m. EDT
The immediate catalyst here is the disconnect between the company's precarious financial reality and the explosive speculative interest driven by seabed mining rights. Fundamentally, this is a distressed asset: the balance sheet is negative, free cash flow is burning through reserves, and the forward P/E is meaningless due to losses. There is no dividend to speak of, and the business model relies entirely on regulatory milestones and future commodity prices that are not yet realized. However, the short-term outlook is driven by momentum and event risk rather than earnings. The stock has rallied nearly 465% over the last three years, fueled by recent legal victories regarding seabed rights. The options market confirms this sentiment, with traders buying deep out-of-the-money calls betting on a continuation of this rally toward the $7.00-$9.00 range. This creates a high-risk, high-reward scenario suitable for a tactical entry, but it is not a buy-and-hold investment. The statistical forecast model offers no guidance, reflecting the noise inherent in such a volatile, event-driven trade. Investors should view this as a speculative play on regulatory approval and market hype, not a fundamental value proposition. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.317920 |
| AutoETS | 0.318723 |
| AutoARIMA | 0.318982 |
| AutoTheta | 0.441383 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 10.73 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.199 |
| Excess Kurtosis | -0.50 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Market Cap | 2,721,675,520 |
| Forward P/E | -20.04 |
| Beta | 2.07 |
| Previous Name | Sustainable Opportunities Acquisition Corp. |
| Website | https://metals.co |
As of Aug. 22, 2026, 3:44 a.m. EDT: Speculators are aggressively positioning for a significant upside breakout, evidenced by massive call volume and open interest at strikes ranging from $5.00 to $9.00, particularly expiring in November 2026 and January 2027. While put volume exists, it is heavily concentrated at lower strikes ($3.00-$4.00) acting as a floor, whereas the call side shows 'new flow' exceeding open interest at key resistance levels like $6.00 and $7.00, indicating a bullish bias rather than hedging.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.115808845 |
| Address1 | 1,111 West Hastings Street |
| Address2 | 15th Floor |
| All Time High | 15.39 |
| All Time Low | 0.511 |
| Ask | 6.19 |
| Ask Size | 2 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 9,124,350 |
| Average Daily Volume3 Month | 5,693,236 |
| Average Volume | 5,693,236 |
| Average Volume10Days | 9,124,350 |
| Beta | 2.066 |
| Bid | 4.79 |
| Bid Size | 1 |
| Book Value | -0.063 |
| City | Vancouver |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 4.81 |
| Current Ratio | 1.927 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 5.3799 |
| Day Low | 4.75 |
| Display Name | TMC the metals company |
| Earnings Call Timestamp End | 1,786,653,000 |
| Earnings Call Timestamp Start | 1,786,653,000 |
| Earnings Timestamp | 1,786,651,200 |
| Earnings Timestamp End | 1,794,513,600 |
| Earnings Timestamp Start | 1,794,513,600 |
| Ebitda | -205,548,992 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -9.843 |
| Enterprise Value | 2,023,206,656 |
| Eps Current Year | -0.43333 |
| Eps Forward | -0.24 |
| Eps Trailing Twelve Months | -0.71 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.2043 |
| Fifty Day Average Change | 0.6057 |
| Fifty Day Average Change Percent | 0.1440668 |
| Fifty Two Week Change Percent | -11.580885 |
| Fifty Two Week High | 11.35 |
| Fifty Two Week High Change | -6.5400004 |
| Fifty Two Week High Change Percent | -0.57621145 |
| Fifty Two Week Low | 3.4 |
| Fifty Two Week Low Change | 1.4099998 |
| Fifty Two Week Low Change Percent | 0.4147058 |
| Fifty Two Week Range | 3.4 - 11.35 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,631,280,600,000 |
| Float Shares | 250,009,123 |
| Forward Eps | -0.24 |
| Forward P E | -20.041666 |
| Free Cashflow | 20,783,724 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 48 |
| Fullday Change | -0.28 |
| Fullday Change Percent | -5.50099 |
| Fullday Price | 4.85 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.46209 |
| Held Percent Institutions | 0.13826 |
| Implied Shares Outstanding | 565,836,927 |
| Industry | Other Industrial Metals & Mining |
| Industry Disp | Other Industrial Metals & Mining |
| Industry Key | other-industrial-metals-mining |
| Ipo Expected Date | 2,021-09-10 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in two polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean. Its products are used in electric vehicles (EV) and energy storage markets; manganese alloy production required for steel production; and other applications. The company was founded in 2011 and is based in Vancouver, Canada. |
| Long Name | TMC the metals company Inc. |
| Market | us_market |
| Market Cap | 2,721,675,520 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_111318879 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-08-29 |
| Net Income To Common | -305,636,992 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 2,245,379,603 |
| Number Of Analyst Opinions | 6 |
| Open | 5.182 |
| Operating Cashflow | -43,557,000 |
| Operating Margins | 0.0 |
| Payout Ratio | 0.0 |
| Phone | 888 458 3420 |
| Post Market Change | 0.03999996 |
| Post Market Change Percent | 0.83160007 |
| Post Market Price | 4.85 |
| Post Market Time | 1,787,961,589 |
| Prev Name | Sustainable Opportunities Acquisition Corp. |
| Previous Close | 5.09 |
| Price Eps Current Year | -11.100085 |
| Price Hint | 4 |
| Price To Book | -76.349205 |
| Profit Margins | 0.0 |
| Quick Ratio | 1.927 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.5 |
| Region | US |
| Regular Market Change | -0.28 |
| Regular Market Change Percent | -5.50099 |
| Regular Market Day High | 5.3799 |
| Regular Market Day Low | 4.75 |
| Regular Market Day Range | 4.75 - 5.3799 |
| Regular Market Open | 5.182 |
| Regular Market Previous Close | 5.09 |
| Regular Market Price | 4.81 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 8,514,758 |
| Return On Assets | -0.72543 |
| Return On Equity | -11.231911 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 441,135,482 |
| Shares Percent Shares Out | 0.0614 |
| Shares Short | 27,081,796 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 29,005,417 |
| Short Name | TMC the metals company Inc. |
| Short Percent Of Float | 0.096 |
| Short Ratio | 6.08 |
| Source Interval | 15 |
| State | BC |
| Symbol | TMC |
| Target High Price | 12.25 |
| Target Low Price | 10.0 |
| Target Mean Price | 10.66667 |
| Target Median Price | 10.0 |
| Total Cash | 98,655,000 |
| Total Cash Per Share | 0.224 |
| Total Debt | 0 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.71 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 5.58665 |
| Two Hundred Day Average Change | -0.77664995 |
| Two Hundred Day Average Change Percent | -0.13901891 |
| Type Disp | Equity |
| Volume | 8,514,758 |
| Website | https://metals.co |
| Zip | V6E 2J3 |