TMC the metals company Inc. (TMC)Basic Materials | Other Industrial Metals & Mining | Vancouver, Canada | NasdaqGS
5.41 USD
-0.25
(-4.505%) ⇩
(April 21, 2026, 2:12 p.m.
EDT)
Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 19, 2026, 12:08 a.m. EDT
TMC is in a painful but potential bottoming phase. Fundamentally, the balance sheet is shattered (negative Book Value, -28x Forward P/E) and cash flow is negative, making it a terrible long-term hold for standard income or capital preservation. However, the deep short covers on $10+ strikes are aggressively insurance-hedged, and the call flow is catching the 50% rally from the March lows. This signals a high-risk, high-reward momentum play based on deep-sea mining approvals, but the underlying business model is currently unprofitable. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.350201 |
| AutoARIMA | 0.352667 |
| MSTL | 0.363414 |
| AutoTheta | 0.450528 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 5.51 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.536 |
| Excess Kurtosis | -0.77 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Market Cap | 3,015,393,792 |
| Forward P/E | -29.22 |
| Beta | 2.00 |
| Previous Name | Sustainable Opportunities Acquisition Corp. |
| Website | https://metals.co |
As of April 19, 2026, 12:08 a.m. EDT: Options data reveals a strong bullish bias in call positioning. 10-day ATM calls show positive flow, supported by significant near-term bullish hedging at the $5.00 and $5.50 strikes. However, a distinct 'short hedge' signal is present: extreme Open Interest (OI) accumulation at deep out-of-money strikes ($10.00, $11.00, $12.00) for May-July expirations suggests established holders are betting on a recovery while underwriting a move to $8-$10. Conversely, put activity is sporadic with over 80% of volume positioned out-of-the-money, indicating players are waiting for a breakdown below current levels rather than actively selling into the current upside.
| Attribute | Value |
|---|---|
| 52 Week Change | 1.3983052 |
| Address1 | 1,111 West Hastings Street |
| Address2 | 15th Floor |
| All Time High | 15.39 |
| All Time Low | 0.511 |
| Ask | 5.37 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 4,930,510 |
| Average Daily Volume3 Month | 7,304,032 |
| Average Volume | 7,304,032 |
| Average Volume10Days | 4,930,510 |
| Beta | 2.003 |
| Bid | 5.3 |
| Bid Size | 1 |
| Book Value | -0.079 |
| City | Vancouver |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 5.405 |
| Current Ratio | 2.032 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 5.745 |
| Day Low | 5.31 |
| Display Name | TMC the metals company |
| Earnings Call Timestamp End | 1,774,612,800 |
| Earnings Call Timestamp Start | 1,774,612,800 |
| Earnings Timestamp | 1,774,614,600 |
| Earnings Timestamp End | 1,778,675,400 |
| Earnings Timestamp Start | 1,778,675,400 |
| Ebitda | -139,802,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -16.697 |
| Enterprise Value | 2,334,212,096 |
| Eps Current Year | -0.31 |
| Eps Forward | -0.185 |
| Eps Trailing Twelve Months | -0.83 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.5532 |
| Fifty Day Average Change | -0.14819956 |
| Fifty Day Average Change Percent | -0.026687237 |
| Fifty Two Week Change Percent | 139.83052 |
| Fifty Two Week High | 11.35 |
| Fifty Two Week High Change | -5.945 |
| Fifty Two Week High Change Percent | -0.5237886 |
| Fifty Two Week Low | 2.26 |
| Fifty Two Week Low Change | 3.1450002 |
| Fifty Two Week Low Change Percent | 1.391593 |
| Fifty Two Week Range | 2.26 - 11.35 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,631,280,600,000 |
| Float Shares | 240,020,911 |
| Forward Eps | -0.185 |
| Forward P E | -29.216217 |
| Free Cashflow | 16,808,250 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 48 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.47278 |
| Held Percent Institutions | 0.1141 |
| Implied Shares Outstanding | 557,889,632 |
| 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 EV wiring, energy transmission, 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 | 3,015,393,792 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_111318879 |
| Most Recent Quarter | 1,767,139,200 |
| Name Change Date | 2,026-04-20 |
| Net Income To Common | -319,844,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 2,451,845,138 |
| Number Of Analyst Opinions | 5 |
| Open | 5.65 |
| Operating Cashflow | -42,851,000 |
| Operating Margins | 0.0 |
| Payout Ratio | 0.0 |
| Phone | 888 458 3420 |
| Prev Name | Sustainable Opportunities Acquisition Corp. |
| Previous Close | 5.66 |
| Price Eps Current Year | -17.435484 |
| Price Hint | 2 |
| Price To Book | -68.417725 |
| Profit Margins | 0.0 |
| Quick Ratio | 1.992 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.25499964 |
| Regular Market Change Percent | -4.505294 |
| Regular Market Day High | 5.745 |
| Regular Market Day Low | 5.31 |
| Regular Market Day Range | 5.31 - 5.745 |
| Regular Market Open | 5.65 |
| Regular Market Previous Close | 5.66 |
| Regular Market Price | 5.405 |
| Regular Market Time | 1,776,795,163 |
| Regular Market Volume | 3,619,099 |
| Return On Assets | -0.71564 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 433,188,187 |
| Shares Percent Shares Out | 0.0681 |
| Shares Short | 29,515,240 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 28,105,774 |
| Short Name | TMC the metals company Inc. |
| Short Percent Of Float | 0.107700005 |
| Short Ratio | 4.78 |
| Source Interval | 15 |
| State | BC |
| Symbol | TMC |
| Target High Price | 12.25 |
| Target Low Price | 8.0 |
| Target Mean Price | 10.6 |
| Target Median Price | 11.75 |
| Total Cash | 117,633,000 |
| Total Cash Per Share | 0.272 |
| Total Debt | 0 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.83 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 6.381525 |
| Two Hundred Day Average Change | -0.97652483 |
| Two Hundred Day Average Change Percent | -0.15302373 |
| Type Disp | Equity |
| Volume | 3,619,099 |
| Website | https://metals.co |
| Zip | V6E 2J3 |