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The Metals Company (NASDAQ:TMC) has been upgraded to an ‘Outperform' rating by Wedbush analysts, who also boosted their price target on the deep sea mining exploration company, citing increased confidence in its long-term growth story. The analysts upped their price target to $11 from $6.
TMC The Metals Company (TMC 23.71%) stock is roaring higher Wednesday. The company's share price was up 23.7% as of 3:30 p.m.
Michael Hess, an experienced investor and operator in the energy sector, brings deep networks and expertise in financing and developing businesses focused on the U.S. energy supply chain Alex Spiro, a high-profile U.S. attorney and investor, joins with extensive regulatory, governance and capital markets experience across sectors including energy, technology, and mining Appointments strengthen TMC's Board as the Company executes on its U.S. strategy and accelerates progress toward commercial recovery of polymetallic nodules in international waters under the existing U.S. seabed mining code NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (TMC or the Company), a leading explorer of the world's largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure, today announced the appointment of Michael Hess and Alex Spiro to its Board of Directors as it advances its plans to begin commercial recovery of po
Shares of TMC The Metals Company (TMC 28.80%) rallied more than 29% on Monday as of market close.
NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), a leading explorer of the world's largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure, today announced that Korea Zinc, a world leader in non-ferrous metal refining and precursor Cathode Active Material (pCAM) technology, has agreed to make a strategic investment of approximately $85.2 million in the Company through the purchase of common shares and warrants in a private placement.
NEW YORK and NAURU, June 04, 2025 (GLOBE NEWSWIRE) -- The Government of the Republic of Nauru and its sponsored entity, Nauru Ocean Resources Inc. (NORI), together with TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”) — a leading explorer of the world's largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure — today jointly announced the signing of a revised Sponsorship Agreement (Agreement), updating the terms of the Agreement signed between the parties in 2017.
Extending the 17% rise of last week, shares of The Metals Company (TMC -2.33%) continued climbing higher this week. After a positive article about the deep-sea mining company surfaced last weekend, an analyst's positive take on the company inspired the bulls to continue their buying spree.
Shares of Vancouver-based TMC The Metals Company (TMC 20.19%) rocketed 22.7% higher on Monday as of 1:07 p.m. ET. The Metals Company was mentioned in a Wall Street Journal article this past weekend, highlighting an April 24 executive order from the Trump administration directing the National Oceanic and Atmospheric Administration (NOAA) to grant permits to mining companies to extract critical metals from the sea floor. The metals include manganese, cobalt, copper, and nickel. While the executive order happened in late April and The Metals Company surged on the news, apparently this WSJ piece has increased the company's visibility and the overall massive financial opportunity for the company, sending the stock another leg higher. The WSJ piece pointed to a 2024 analysis by consulting firm Arthur D. Little that estimated the worth of undersea metals at $20 trillion globally. And while the administration's executive order came over the objections of the International Seabed Authority, the
TMC the metals company Inc. (NASDAQ:TMC ) Q1 2025 Earnings Conference Call May 14, 2025 4:30 PM ET Company Participants Craig Shesky - CFO Gerard Barron - Chairman and CEO Conference Call Participants Matthew O'Keefe - Cantor Fitzgerald Jake Sekelsky - Alliance Global Partners Dmitry Silversteyn - Water Tower Research Operator Good day, and thank you for standing by. Welcome to the Metals Company First Quarter 2025 Corporate Update Conference Call.
NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), a leading explorer of the world's largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure, today provided a corporate update and first quarter results for the period ending March 31, 2025.