Tmc The Metals Stock Today

TMC Stock  USD 0.84  0.01  1.20%   

Performance

0 of 100

 
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Odds Of Distress

Over 82

 
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TMC The is trading at 0.84 as of the 28th of November 2024, a 1.20 percent increase since the beginning of the trading day. The stock's open price was 0.83. TMC The has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for TMC the metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of June 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
10th of September 2021
Category
Basic Materials
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 the Clarion Clipperton Zone in the south-west of San Diego, California. TMC the metals company Inc. The company has 324.26 M outstanding shares of which 9.32 M shares are at this time shorted by investors with about 21.46 days to cover. More on TMC the metals

Moving together with TMC Stock

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Moving against TMC Stock

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  0.33LAC Lithium Americas CorpPairCorr
  0.31IPX IperionX Limited AmericanPairCorr

TMC Stock Highlights

Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, NASDAQ Composite, HNX MidSmall Cap, HNX, Non-Metallic and Industrial Metal Mining, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.840.94
Moderately Down
Slightly volatile
Total Current Liabilities23.6 M31.3 M
Way Down
Slightly volatile
Non Current Liabilities Total13.8 M26.6 M
Way Down
Slightly volatile
Total Assets77.4 M68.9 M
Moderately Up
Slightly volatile
Total Current Assets8.4 M8.8 M
Notably Down
Slightly volatile
Debt Levels
TMC The can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TMC The's financial leverage. It provides some insight into what part of TMC The's total assets is financed by creditors.
Liquidity
TMC the metals has 14 M in debt with debt to equity (D/E) ratio of 1.66, which is OK given its current industry classification. TMC the metals has a current ratio of 5.44, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for TMC to invest in growth at high rates of return.

Net Borrowings

(845,595)
TMC the metals (TMC) is traded on NASDAQ Exchange in USA. It is located in 595 Howe Street, Vancouver, BC, Canada, V6C 2T5 and employs 46 people. TMC The is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 272.67 M. TMC the metals runs under Metals & Mining sector within Materials industry. The entity has 324.26 M outstanding shares of which 9.32 M shares are at this time shorted by investors with about 21.46 days to cover. TMC the metals has about 46.26 M in cash with (59.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2.
Check TMC The Probability Of Bankruptcy
Ownership Allocation
TMC the metals secures a total of 324.26 Million outstanding shares. TMC the metals shows noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company retains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check TMC Ownership Details

TMC Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
184.2 K
Bank Of Montreal2024-06-30
171.1 K
Bmo Capital Markets Corp.2024-06-30
171.1 K
Hrt Financial Llc2024-06-30
165.6 K
Group One Trading, Lp2024-06-30
153 K
Mariner Wealth Advisors Llc2024-06-30
151.9 K
Royal Bank Of Canada2024-06-30
138.1 K
Evoke Wealth, Llc2024-06-30
129 K
Private Wealth Partners, Llc2024-09-30
98.7 K
First Manhattan Co. Llc2024-09-30
8.7 M
Baird Financial Group, Inc.2024-09-30
2.3 M
View TMC The Diagnostics

TMC The Historical Income Statement

At present, TMC The's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 43 K, whereas Depreciation And Amortization is projected to grow to (941.5 K). View More Fundamentals

TMC Stock Against Markets

TMC The Corporate Management

Gerard BarronCEO ChairmanProfile
Erika IlvesChief OfficerProfile
Craig SheskyChief OfficerProfile
Robert HeydonHead TerritoriesProfile
Arthur CAChief OfficerProfile
Erica OcampoChief OfficerProfile
Dan PorrasHead BrandProfile
When determining whether TMC the metals is a strong investment it is important to analyze TMC The's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TMC The's future performance. For an informed investment choice regarding TMC Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMC the metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
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Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TMC The. If investors know TMC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TMC The listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.33)
Return On Assets
(0.84)
Return On Equity
(5.30)
The market value of TMC the metals is measured differently than its book value, which is the value of TMC that is recorded on the company's balance sheet. Investors also form their own opinion of TMC The's value that differs from its market value or its book value, called intrinsic value, which is TMC The's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TMC The's market value can be influenced by many factors that don't directly affect TMC The's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TMC The's value and its price as these two are different measures arrived at by different means. Investors typically determine if TMC The is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TMC The's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.