TMC the metals company Inc. (TMC)Basic Materials | Other Industrial Metals & Mining | Vancouver, Canada | NasdaqGS
3.99 USD
-0.22
(-5.226%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:52 a.m. EDT
The long-term outlook remains deeply concerning despite the recent price surge. The company is fundamentally broken, trading with negative book value and negative earnings, while the balance sheet shows significant liabilities. The recent price spike to $6.57 was followed by a sharp correction back to lows near $4, erasing much of the prior year's gains. This volatility suggests the market is pricing in a speculative bubble rather than sustainable value. The lack of any dividend history confirms this is a pure growth/speculation play with no income floor. Short-term momentum is weak, as the stock is currently trading well below its 50-day and 200-day averages, and the heavy options positioning on the downside indicates smart money is hedging against a continued collapse. Investors should view this as a high-risk speculative vehicle rather than an investment opportunity. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.125544 |
| AutoTheta | 0.127327 |
| AutoETS | 0.130626 |
| MSTL_64 | 0.135673 |
| MSTL_64_121 | 0.140428 |
| MSTL_121 | 0.156367 |
| AutoARIMA | 0.256689 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 0.54 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.419 |
| Excess Kurtosis | -0.33 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Market Cap | 2,226,110,976 |
| Forward P/E | -22.17 |
| Beta | 2.04 |
| Previous Name | Sustainable Opportunities Acquisition Corp. |
| Website | https://metals.co |
As of July 11, 2026, 5:52 a.m. EDT: Speculators are heavily positioned for downside protection, with open interest in out-of-the-money puts significantly outweighing calls across nearly all expirations. The put/call ratio is skewed toward the downside, particularly for strikes below the current price, indicating a fear of further decline rather than a bullish breakout. While there is some call volume at higher strikes (above $8), the overwhelming majority of capital is deployed in protective puts, suggesting the market views the current rally as fragile or a potential trap.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.42170328 |
| Address1 | 1,111 West Hastings Street |
| Address2 | 15th Floor |
| All Time High | 15.39 |
| All Time Low | 0.511 |
| Ask | 5.08 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 5,022,540 |
| Average Daily Volume3 Month | 5,696,722 |
| Average Volume | 5,696,722 |
| Average Volume10Days | 5,022,540 |
| Beta | 2.035 |
| Bid | 3.03 |
| Bid Size | 2 |
| Book Value | -0.063 |
| City | Vancouver |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 3.99 |
| Current Ratio | 2.171 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 4.2 |
| Day Low | 3.93 |
| Display Name | TMC the metals company |
| Earnings Call Timestamp End | 1,778,790,600 |
| Earnings Call Timestamp Start | 1,778,790,600 |
| Earnings Timestamp | 1,778,788,800 |
| Earnings Timestamp End | 1,786,651,200 |
| Earnings Timestamp Start | 1,786,651,200 |
| Ebitda | -155,788,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -10.327 |
| Enterprise Value | 1,608,870,400 |
| Eps Current Year | -0.315 |
| Eps Forward | -0.18 |
| Eps Trailing Twelve Months | -0.84 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.1728 |
| Fifty Day Average Change | -1.1828 |
| Fifty Day Average Change Percent | -0.2286576 |
| Fifty Two Week Change Percent | -42.170326 |
| Fifty Two Week High | 11.35 |
| Fifty Two Week High Change | -7.3600006 |
| Fifty Two Week High Change Percent | -0.6484582 |
| Fifty Two Week Low | 3.843 |
| Fifty Two Week Low Change | 0.14700007 |
| Fifty Two Week Low Change Percent | 0.038251385 |
| Fifty Two Week Range | 3.843 - 11.35 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,631,280,600,000 |
| Float Shares | 242,707,810 |
| Forward Eps | -0.18 |
| Forward P E | -22.166666 |
| Free Cashflow | 18,211,876 |
| 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 | 0.47053 |
| Held Percent Institutions | 0.14448 |
| Implied Shares Outstanding | 557,922,583 |
| 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 | 2,226,110,976 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_111318879 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -319,855,008 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,723,353,686 |
| Number Of Analyst Opinions | 6 |
| Open | 4.13 |
| Operating Cashflow | -34,119,000 |
| Operating Margins | 0.0 |
| Payout Ratio | 0.0 |
| Phone | 888 458 3420 |
| Pre Market Change | 0.06000018 |
| Pre Market Change Percent | 1.5037639 |
| Pre Market Price | 4.05 |
| Pre Market Time | 1,784,026,362 |
| Prev Name | Sustainable Opportunities Acquisition Corp. |
| Previous Close | 4.21 |
| Price Eps Current Year | -12.666667 |
| Price Hint | 4 |
| Price To Book | -63.333332 |
| Profit Margins | 0.0 |
| Quick Ratio | 2.171 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.22 |
| Regular Market Change Percent | -5.22565 |
| Regular Market Day High | 4.2 |
| Regular Market Day Low | 3.93 |
| Regular Market Day Range | 3.93 - 4.2 |
| Regular Market Open | 4.13 |
| Regular Market Previous Close | 4.21 |
| Regular Market Price | 3.99 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 3,782,636 |
| Return On Assets | -0.78211 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 433,221,138 |
| Shares Percent Shares Out | 0.0653 |
| Shares Short | 28,306,111 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 30,968,696 |
| Short Name | TMC the metals company Inc. |
| Short Percent Of Float | 0.103199996 |
| Short Ratio | 4.79 |
| Source Interval | 15 |
| State | BC |
| Symbol | TMC |
| Target High Price | 12.25 |
| Target Low Price | 9.0 |
| Target Mean Price | 10.83333 |
| Target Median Price | 10.875 |
| Total Cash | 119,682,000 |
| Total Cash Per Share | 0.276 |
| Total Debt | 0 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.84 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 6.166825 |
| Two Hundred Day Average Change | -2.1768248 |
| Two Hundred Day Average Change Percent | -0.35298955 |
| Type Disp | Equity |
| Volume | 3,782,636 |
| Website | https://metals.co |
| Zip | V6E 2J3 |