TMC

TMC the metals company Inc.

Price Chart

Latest Quote

$4.01

-0.40 (-9.07%)

Current Price

Previous Close	$4.41
Open	$4.22
Day High	$4.24
Day Low	$3.90
Volume	9,238,323

Fetched: 2026-08-16T03:56:57

Stock Information

Shares Outstanding	441.14M
Cash Equivalents	$98.66M
Net Income	$-305.64M
Sector	Basic Materials
Industry	Other Industrial Metals & Mining
Market Cap	$2.27B
EPS (TTM)	$-0.75
Exchange	NMS

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📊 Comprehensive Analysis

Company Data

Enterprise Value	$1.67B
Income	$-305.64M
Book/sh	$-0.06
Cash/sh	$0.22
Employees	48

Financial Ratios

Quick Ratio	1.93
Current Ratio	1.93

Returns & Margins

ROA	-72.54%
ROE	-1123.19%

Ownership

Insider Ownership	46.21%
Institutional Ownership	13.83%
Insider & Institutional transactions data not available

Valuation Ratios

Forward P/E	-20.56
P/B	-63.65

Analyst Data

Recommendation	strong_buy
Target Price	$11.00

Technical Indicators

SMA20	$3.97
SMA50	$4.35
SMA200	$5.68
RSI	54.85
ATR	0.2868

Shares Float	247.12M
Short Float	9.66%
Short Ratio	6.49
Rel Volume	2.05

Performance History

Week	-12.25%
Month	+6.65%
Quarter	-29.77%
6 Months	-35.11%
YTD	-40.86%
Year	-26.29%
3 Years	+278.30%
10 Years	-57.39%

Stock Score: ⭐ Premium

Based on debt, profitability, growth, and cash flow metrics

⭐ Premium Feature

Recent Price History

Date	Close	Volume
2026-08-14	$4.01	9,260,600
2026-08-13	$4.41	4,278,500
2026-08-12	$4.47	4,209,400
2026-08-11	$4.55	3,374,500
2026-08-10	$4.43	4,484,900
2026-08-07	$4.57	11,868,000
2026-08-06	$4.12	4,086,800
2026-08-05	$4.02	4,589,400
2026-08-04	$3.95	4,314,500
2026-08-03	$3.67	3,314,400
2026-07-31	$3.56	3,243,100
2026-07-30	$3.62	3,864,600
2026-07-29	$3.45	4,918,800
2026-07-28	$3.59	4,717,500
2026-07-27	$3.78	3,424,500
2026-07-24	$3.67	4,158,000
2026-07-23	$3.81	2,391,400
2026-07-22	$3.93	2,605,100
2026-07-21	$4.02	3,734,000
2026-07-20	$3.72	3,545,900
2026-07-17	$3.74	3,425,800
2026-07-16	$3.76	6,566,900
2026-07-15	$4.11	3,494,800

About TMC the metals company Inc.

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.

📰 Latest News

TMC the metals company Inc. Q2 2026 Earnings Call Summary

Moby • 2026-08-14T12:30:00Z

MP Materials vs. The Metals Company: Which Critical-Minerals Stock Is the Smarter Long-Term Buy?

Motley Fool • 2026-08-14T06:25:00Z

TMC the metals Q2 Earnings Call Highlights

MarketBeat • 2026-08-14T04:04:00Z

MP Materials (MP) Stock Is Rising Today: What’s Behind the Rally in Rare Earth Stocks?

24/7 Wall St. • 2026-08-10T18:29:58Z

TMC The Metals (TMC) Could Be 59% Undervalued After Its August 13 Earnings Call Date

Simply Wall St. • 2026-08-08T13:09:00Z

Forget TMC The Metals Company: This Rare Earth Stock Is the Smarter Bet Right Now

Motley Fool • 2026-08-06T21:20:00Z

Chinese Robot Maker To IPO At $9 Billion Valuation. How It Compares To Tesla's Optimus.

Investor's Business Daily • 2026-08-06T20:00:46Z

MP, CRML, TMC, UAMY Stocks In Focus: Goldman Sachs Sees AI Driving A Global ‘Mine-To-Magnet’ Investment Cycle

Stocktwits • 2026-07-31T08:44:44Z

2 Rare-Earth Stocks to Buy Right Now, and 1 to Sell

Motley Fool • 2026-07-29T13:05:00Z

Millionaire Maker or Market Hype? The Honest Truth About TMC The Metals Company.

Motley Fool • 2026-07-27T07:05:00Z

Period:

Income Statement (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue
Total Revenue	$0	$0	$0	$0
Operating Revenue	$0	$0	$0	$0
Expenses
Interest Expense	$3,215,000	$2,602,000	$781,000	$0
Total Expenses	$140,054,000	$81,287,000	$72,389,000	$174,117,000
Other Income Expense	$-179,224,000	$1,818,000	$-1,867,000	$2,119,000
Other Non Operating Income Expenses	$-131,000,000	-	-	-
Net Non Operating Interest Income Expense	$-422,000	$-2,426,000	$516,000	$1,111,000
Interest Expense Non Operating	$3,215,000	$2,602,000	$781,000	$0
Operating Expense	$140,054,000	$81,287,000	$72,389,000	$174,117,000
Other Operating Expenses	$40,282,000	$50,643,000	$49,849,000	$144,599,000
General And Administrative Expense	$99,772,000	$30,644,000	$22,540,000	$29,518,000
Total Other Finance Cost	-	-	-	$-1,111,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$-319,844,000	$-81,943,000	$-73,781,000	$-170,964,000
Net Interest Income	$-422,000	$-2,426,000	$516,000	$1,111,000
Interest Income	$2,793,000	$176,000	$1,297,000	$1,111,000
Normalized Income	$-278,609,650	$-83,680,400	$-73,003,400	$-172,527,610
Net Income From Continuing And Discontinued Operation	$-319,844,000	$-81,943,000	$-73,781,000	$-170,964,000
Total Operating Income As Reported	$-140,054,000	$-81,287,000	$-72,389,000	$-174,117,000
Net Income Common Stockholders	$-319,844,000	$-81,943,000	$-73,781,000	$-170,964,000
Net Income	$-319,844,000	$-81,943,000	$-73,781,000	$-170,964,000
Net Income Including Noncontrolling Interests	$-319,844,000	$-81,943,000	$-73,781,000	$-170,964,000
Net Income Continuous Operations	$-319,844,000	$-81,943,000	$-73,781,000	$-170,964,000
Pretax Income	$-319,700,000	$-81,895,000	$-73,740,000	$-170,887,000
Special Income Charges	$5,649,000	$-199,000	$0	-
Earnings From Equity Interest	$287,000	$-226,000	$-571,000	$0
Interest Income Non Operating	$2,793,000	$176,000	$1,297,000	$1,111,000
Operating Income	$-140,054,000	$-81,287,000	$-72,389,000	$-174,117,000
Per Share
Diluted EPS	$-0.83	$-0.25	$-0.26	$-0.71
Basic EPS	$-0.83	$-0.25	$-0.26	$-0.71
Other
Tax Effect Of Unusual Items	$-7,276,650	$306,600	$-518,400	$555,390
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$-267,722,000	$-80,975,000	$-71,303,000	$-172,588,000
Total Unusual Items	$-48,511,000	$2,044,000	$-1,296,000	$2,119,000
Total Unusual Items Excluding Goodwill	$-48,511,000	$2,044,000	$-1,296,000	$2,119,000
Reconciled Depreciation	$252,000	$362,000	$360,000	$418,000
EBITDA (Bullshit earnings)	$-316,233,000	$-78,931,000	$-72,599,000	$-170,469,000
EBIT	$-316,485,000	$-79,293,000	$-72,959,000	$-170,887,000
Diluted Average Shares	$384,512,470	$321,875,050	$288,643,700	$239,867,019
Basic Average Shares	$384,512,470	$321,875,050	$288,643,700	$239,867,019
Diluted NI Availto Com Stockholders	$-319,844,000	$-81,943,000	$-73,781,000	$-170,964,000
Tax Provision	$144,000	$48,000	$41,000	$77,000
Other Special Charges	$-5,649,000	$199,000	-	-
Gain On Sale Of Security	$-54,160,000	$2,243,000	$-1,296,000	$2,119,000
Selling General And Administration	$99,772,000	$30,644,000	$22,540,000	$29,518,000
Other Gand A	$19,155,000	$14,224,000	$12,649,000	$14,213,000
Salaries And Wages	$80,617,000	$16,420,000	$9,891,000	$15,305,000

Fetched: 2026-08-13

Balance Sheet (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Net Tangible Assets	$-35,568,000	$-19,046,000	$9,275,000	$41,505,000
Total Assets	$181,631,000	$62,998,000	$68,896,000	$94,777,000
Total Non Current Assets	$60,949,000	$57,667,000	$60,076,000	$45,175,000
Goodwill And Other Intangible Assets	$2,125,000	$1,928,000	$1,643,000	-
Other Intangible Assets	$2,125,000	$1,928,000	$1,643,000	-
Current Assets	$120,682,000	$5,331,000	$8,820,000	$49,602,000
Prepaid Assets	$2,385,000	$1,602,000	$1,511,000	$2,609,000
Receivables	$664,000	$249,000	$467,000	$117,000
Taxes Receivable	$664,000	$249,000	$467,000	$117,000
Cash Cash Equivalents And Short Term Investments	$117,633,000	$3,480,000	$6,842,000	$46,876,000
Cash And Cash Equivalents	$117,633,000	$3,480,000	$6,842,000	$46,876,000
Cash Financial	$117,633,000	$3,480,000	$6,842,000	$46,876,000
Other Non Current Assets	-	-	-	-
Debt
Net Debt	-	$8,295,000	-	-
Total Debt	-	$11,775,000	-	-
Current Debt And Capital Lease Obligation	-	$11,775,000	-	-
Current Debt	-	$11,775,000	-	-
Other Current Borrowings	-	$11,775,000	-	-
Liabilities
Total Liabilities Net Minority Interest	$215,074,000	$80,116,000	$57,978,000	$53,272,000
Total Non Current Liabilities Net Minority Interest	$155,675,000	$25,587,000	$26,644,000	$11,658,000
Other Non Current Liabilities	$145,000,000	$14,000,000	$14,000,000	-
Derivative Product Liabilities	$0	$912,000	$1,969,000	$983,000
Non Current Deferred Liabilities	$10,675,000	$10,675,000	$10,675,000	$10,675,000
Non Current Deferred Taxes Liabilities	$10,675,000	$10,675,000	$10,675,000	$10,675,000
Current Liabilities	$59,399,000	$54,529,000	$31,334,000	$41,614,000
Other Current Liabilities	$13,351,000	-	-	-
Payables And Accrued Expenses	$46,048,000	$42,754,000	$31,334,000	$41,614,000
Payables	$2,277,000	$6,198,000	-	-
Accounts Payable	$2,277,000	$6,198,000	-	-
Current Deferred Liabilities	-	-	-	-
Equity
Common Stock Equity	$-33,443,000	$-17,118,000	$10,918,000	$41,505,000
Total Equity Gross Minority Interest	$-33,443,000	$-17,118,000	$10,918,000	$41,505,000
Stockholders Equity	$-33,443,000	$-17,118,000	$10,918,000	$41,505,000
Gains Losses Not Affecting Retained Earnings	$-1,203,000	$-1,203,000	$-1,216,000	$-1,216,000
Other Equity Adjustments	$-1,203,000	$-1,203,000	$-1,216,000	$-1,216,000
Retained Earnings	$-951,279,000	$-631,435,000	$-548,902,000	$-475,121,000
Other
Ordinary Shares Number	$422,966,333	$340,708,460	$306,558,710	$266,812,131
Share Issued	$422,966,333	$340,708,460	$306,558,710	$266,812,131
Tangible Book Value	$-35,568,000	$-19,046,000	$9,275,000	$41,505,000
Invested Capital	$-33,443,000	$-5,343,000	$10,918,000	$41,505,000
Working Capital	$61,283,000	$-49,198,000	$-22,514,000	$7,988,000
Total Capitalization	$-33,443,000	$-17,118,000	$10,918,000	$41,505,000
Additional Paid In Capital	$237,696,000	$138,303,000	$122,797,000	$184,960,000
Capital Stock	$681,343,000	$477,217,000	$438,239,000	$332,882,000
Common Stock	$681,343,000	$477,217,000	$438,239,000	$332,882,000
Current Accrued Expenses	$43,771,000	$36,556,000	-	-
Investments And Advances	$13,447,000	$8,203,000	$8,429,000	$0
Net PPE	$45,377,000	$47,536,000	$50,004,000	$45,175,000
Accumulated Depreciation	$-2,775,000	$-2,523,000	$-2,161,000	$-1,822,000
Gross PPE	$48,152,000	$50,059,000	$52,165,000	$46,997,000
Other Properties	$5,201,000	$7,108,000	$9,015,000	-
Treasury Shares Number	-	-	$0	-
Machinery Furniture Equipment	-	-	$21,000	$21,000
Preferred Stock	-	-	-	$0

Fetched: 2026-08-13

Cash Flow Statement (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Free Cash Flow
Free Cash Flow	$-43,096,000	$-43,983,000	$-60,151,000	$-67,772,000
Operating Activities
Operating Cash Flow	$-42,851,000	$-43,468,000	$-59,573,000	$-66,603,000
Cash Flow From Continuing Operating Activities	$-42,851,000	$-43,468,000	$-59,573,000	$-66,603,000
Operating Gains Losses	$48,042,000	$-2,053,000	$1,506,000	$67,704,000
Investing Activities
Capital Expenditure	$-245,000	$-515,000	$-578,000	$-1,169,000
Investing Cash Flow	$447,000	$-515,000	$-578,000	$-1,169,000
Cash Flow From Continuing Investing Activities	$447,000	$-515,000	$-578,000	$-1,169,000
Financing Activities
Issuance Of Capital Stock	$141,902,000	$28,766,000	$15,953,000	$30,399,000
Financing Cash Flow	$156,585,000	$40,686,000	$20,066,000	$29,722,000
Cash Flow From Continuing Financing Activities	$156,585,000	$40,686,000	$20,066,000	$29,722,000
Net Other Financing Charges	$-734,000	$-357,000	$3,818,000	$-867,000
Net Common Stock Issuance	$141,902,000	$28,766,000	$15,953,000	$30,399,000
Common Stock Issuance	$141,902,000	$28,766,000	$15,953,000	$30,399,000
Dividends Received Cfi	$692,000	$0	-	-
Other
Repayment Of Debt	$-11,775,000	$-2,000,000	$0	-
Issuance Of Debt	$0	$13,775,000	$0	$0
End Cash Position	$117,633,000	$3,480,000	$6,842,000	$46,876,000
Beginning Cash Position	$3,480,000	$6,842,000	$46,876,000	$84,873,000
Effect Of Exchange Rate Changes	$-28,000	$-65,000	$51,000	$53,000
Changes In Cash	$114,181,000	$-3,297,000	$-40,085,000	$-38,050,000
Proceeds From Stock Option Exercised	$27,192,000	$502,000	$295,000	$190,000
Net Issuance Payments Of Debt	$-11,775,000	$11,775,000	$0	$0
Net Short Term Debt Issuance	$-11,775,000	$7,500,000	$0	-
Short Term Debt Payments	$-11,775,000	$-2,000,000	$0	-
Short Term Debt Issuance	$0	$9,500,000	$0	-
Net Long Term Debt Issuance	$0	$4,275,000	$0	$0
Long Term Debt Issuance	$0	$4,275,000	$0	$0
Net PPE Purchase And Sale	$-245,000	$-515,000	$-578,000	$-1,169,000
Purchase Of PPE	$-245,000	$-515,000	$-578,000	$-1,169,000
Taxes Refund Paid	$-93,000	$-34,000	-	-
Interest Paid Cfo	$-823,000	$-73,000	$0	-
Change In Working Capital	$36,000	$12,438,000	$-813,000	$16,162,000
Change In Payables And Accrued Expense	$1,234,000	$12,311,000	$-1,561,000	$15,202,000
Change In Receivables	$-1,198,000	$127,000	$748,000	$960,000
Other Non Cash Items	$132,907,000	$2,522,000	$795,000	-
Stock Based Compensation	$96,672,000	$25,313,000	$12,360,000	$20,077,000
Depreciation Amortization Depletion	$252,000	$362,000	$360,000	$418,000
Depreciation And Amortization	$252,000	$362,000	$360,000	$418,000
Amortization Cash Flow	$252,000	$362,000	$360,000	$418,000
Amortization Of Intangibles	$252,000	$362,000	$360,000	$418,000
Earnings Losses From Equity Investments	$-287,000	$226,000	$571,000	$0
Gain Loss On Investment Securities	$50,495,000	$-1,057,000	$986,000	$67,757,000
Net Foreign Currency Exchange Gain Loss	$3,483,000	$-1,222,000	$-51,000	$-53,000
Gain Loss On Sale Of Business	$-5,649,000	$0	-	-
Net Income From Continuing Operations	$-319,844,000	$-81,943,000	$-73,781,000	$-170,964,000
Depreciation	-	-	$360,000	$418,000
Net Business Purchase And Sale	-	-	-	$0
Purchase Of Business	-	-	-	$0

Fetched: 2026-08-13