TMC the metals (TMC) to Release Earnings on Thursday

TMC the metals (NASDAQ:TMC - Get Free Report) will likely be releasing its earnings data before the market opens on Thursday, March 27th. Analysts expect TMC the metals to post earnings of ($0.06) per share for the quarter.

TMC the metals Price Performance

Shares of NASDAQ TMC traded up $0.01 on Tuesday, hitting $1.79. The company's stock had a trading volume of 908,282 shares, compared to its average volume of 1,622,169. The stock has a 50 day moving average of $1.75 and a 200-day moving average of $1.25. TMC the metals has a 12-month low of $0.72 and a 12-month high of $2.55. The company has a market capitalization of $580.43 million, a price-to-earnings ratio of -5.77 and a beta of 1.52.

Wall Street Analyst Weigh In

Separately, Alliance Global Partners started coverage on TMC the metals in a report on Wednesday, January 15th. They set a "buy" rating and a $3.75 target price on the stock.

Insider Buying and Selling at TMC the metals

In other news, insider Erika Ilves sold 217,099 shares of TMC the metals stock in a transaction on Monday, December 30th. The stock was sold at an average price of $1.11, for a total value of $240,979.89. Following the completion of the sale, the insider now owns 998,170 shares of the company's stock, valued at $1,107,968.70. The trade was a 17.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 30.00% of the stock is owned by insiders.

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TMC the metals Company Profile

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 three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean.