Currently, there are 356.62M common shares owned by the public and among those 189.66M shares have been available to trade.
The company’s stock has a 5-day price change of 5.39% and 153.51% over the past three months. TMC shares are trading 318.75% year to date (YTD), with the 12-month market performance up to 223.45% higher. It has a 12-month low price of $0.72 and touched a high of $4.84 over the same period. TMC has an average intraday trading volume of 7.68 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 32.62%, 73.10%, and 198.43% respectively.
Institutional ownership of TMC the metals company Inc (NASDAQ: TMC) shares accounts for 10.85% of the company’s 356.62M shares outstanding.
It has a market capitalization of $1.74B and a beta (3y monthly) value of 1.43. The earnings-per-share (ttm) stands at -$0.23. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.30% over the week and 6.28% over the month.
Earnings per share for the fiscal year are expected to increase by 20.58%, and 6.71% over the next financial year.
Looking at the support for the TMC, a number of firms have released research notes about the stock. H.C. Wainwright stated their Buy rating for the stock in a research note on May 20, 2025, with the firm’s price target at $5.50. Alliance Global Partners coverage for the TMC the metals company Inc (TMC) stock in a research note released on January 15, 2025 offered a Buy rating with a price target of $3.75. Cantor Fitzgerald was of a view on November 13, 2023 that the stock is Buy, while Wedbush gave the stock Neutral rating on November 24, 2021, issuing a price target of $5. Piper Sandler on their part issued Neutral rating on November 12, 2021.
