TMC the metals (NASDAQ:TMC - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Monday, March 24th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter.
TMC the metals Price Performance
TMC the metals stock traded down $0.10 during mid-day trading on Thursday, hitting $1.77. The company's stock had a trading volume of 749,154 shares, compared to its average volume of 1,627,562. The firm's 50 day moving average is $1.71 and its 200 day moving average is $1.23. The company has a market cap of $574.59 million, a PE ratio of -5.69 and a beta of 1.52. TMC the metals has a 52-week low of $0.72 and a 52-week high of $2.55.
Wall Street Analyst Weigh In
Separately, Alliance Global Partners initiated coverage on TMC the metals in a research note on Wednesday, January 15th. They issued a "buy" rating and a $3.75 price objective for the company.
Get Our Latest Stock Analysis on TMC the metals
Insiders Place Their Bets
In other news, insider Erika Ilves sold 217,099 shares of the stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $1.11, for a total transaction of $240,979.89. Following the transaction, the insider now owns 998,170 shares of the company's stock, valued at approximately $1,107,968.70. This represents a 17.86 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 30.00% of the company's stock.
About TMC the metals
(
Get Free Report)
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.
Featured Articles
Before you consider TMC the metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TMC the metals wasn't on the list.
While TMC the metals currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
