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Why Shares of The Metal Company Skyrocketed 489.3% in the First Half of 2025
The Motley Fool· 2025-07-12 17:07
Group 1 - The Metals Company experienced a significant stock increase of 489.3% in the first half of 2025, following a 19.1% gain in 2024 [1] - The new administration under President Trump is focused on securing the supply of critical minerals, which has positively influenced investor sentiment towards The Metals Company [3] - The company is engaged in collecting seabed nodules to produce critical minerals such as cobalt, copper, manganese, and nickel [4] Group 2 - An executive order issued by President Trump in April emphasized the importance of seabed mineral resources, leading to a 45% increase in The Metals Company's stock on the day of the announcement [5] - In June, The Metals Company announced an equity investment of $85.2 million from Korea Zinc, further boosting investor confidence [6] - The company remains in the pre-revenue phase, and potential investors are advised to consider their risk tolerance before investing [8]
Why TMC The Metals Company Stock Skyrocketed 47.7% Last Month, but Is Slipping in July
The Motley Fool· 2025-07-08 17:50
TMC The Metals Company (TMC -2.78%) stock soared in June's trading thanks to a bullish backdrop for the broader market and a major development for the business. The company's share price closed out last month's trading up 47.7%. Meanwhile, the S&P 500 (^GSPC 0.03%) rose 5% across the stretch, and the Nasdaq Composite (^IXIC 0.19%) rose 6.6%.Thanks to easing geopolitical tensions and increasing hopes that the Federal Reserve will cut interest rates at its July meeting, the stock market enjoyed a strong rally ...
TMC and Nauru Announce Updated Sponsorship Agreement for Nauru Ocean Resources Inc. (NORI)
Globenewswire· 2025-06-04 20:05
The Government of Nauru and TMC’s subsidiary, Nauru Ocean Resources Inc. (NORI), signed a revised Sponsorship Agreement updating the terms of their agreement signed in 2017The President of Nauru welcomes the new agreement which will ensure that Nauruans will receive benefits from any future development of seafloor mineral resources from NORIThe Republic of Nauru has played a leading role in the development of the seafloor minerals industry, advancing the rights of Developing States to ensure their participa ...
Why TMC The Metals Company Skyrocketed Today
The Motley Fool· 2025-05-19 18:40
Core Viewpoint - TMC The Metals Company experienced a significant stock surge of 22.7% following increased visibility from a Wall Street Journal article discussing an executive order that allows mining companies to extract critical metals from the sea floor [1][2]. Company Overview - TMC was founded in 2011 and is focused on deep-sea mining opportunities off the coast of California [4]. - The company has raised $37 million in equity at $3 per share from a strategic investor, which is expected to fund operations through the potential issuance of mining permits [4]. - TMC's current market capitalization is approximately $2 billion, despite not generating any revenue and incurring losses while raising capital [6]. Industry Insights - A 2024 analysis by consulting firm Arthur D. Little estimated the global worth of undersea metals at $20 trillion [3]. - The executive order allowing for undersea mining was issued despite objections from the International Seabed Authority, with studies indicating that the environmental impact may not be as severe as previously thought [3]. Investment Considerations - TMC is viewed as a speculative investment opportunity, particularly for investors interested in high-risk, high-reward scenarios, given its early mover advantage in the undersea mining sector [7]. - The company has invested over $500 million and spent more than a decade preparing for this opportunity, indicating a strong commitment to the sector [5].
TMC Provides First Quarter 2025 Corporate Update
GlobeNewswire News Room· 2025-05-14 20:01
NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), a leading explorer of the world’s largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure, today provided a corporate update and first quarter results for the period ending March 31, 2025. Q1 2025 Financial Highlights Total liquidity of approximately $43.8 million at March 31, 2025, including cash of $2.3 million ERAS/Barron facility increased ...
TMC Announces $37 Million Strategic Investment to Advance Deep-Sea Mineral Development
Globenewswire· 2025-05-12 12:24
The financing is led by Michael Hess, Chief Investment Officer of Hess Capital, and Brian Paes-Braga, Managing Partner at SAF Group and Head of SAF GrowthIt comprises a Registered Direct Offering at $3.00 per share and warrants exercisable at $4.50 per share, with mandatory exercise if shares trade above $7.00 per share for 20 consecutive daysProceeds are expected to be sufficient to fund operations through the potential issuance of a commercial recovery permitThe investor group brings decades of experience ...
TMC CEO Testifies Before Congress: Deep-Sea Minerals Key to U.S. Industrial Future
Globenewswire· 2025-05-05 12:53
CEO and Chairman Gerard Barron testified before the House Committee on Natural Resources on “Exploring the Potential of Deep-Sea Mining to Expand American Mineral Production”Mr. Barron highlighted the abundant, unattached polymetallic nodule resource as a platform to secure new supplies of critical minerals essential for U.S. infrastructure, defense, energy, and technology—and to drive reindustrialization across shipbuilding, port infrastructure, minerals processing, and manufacturingTMC USA announced last ...
President Trump Signed an Order That Could Send This Under-the-Radar Stock Soaring: Is it a Buy Now?
The Motley Fool· 2025-04-30 01:32
Core Viewpoint - President Trump's executive order aims to enhance U.S. self-sufficiency in critical minerals by promoting deep-sea mining, which could benefit companies like The Metals Company [2][4][11] Group 1: Executive Order and Its Implications - The executive order directs the secretaries of Interior and Commerce to expedite U.S. efforts in exploring deep-sea mining for critical minerals [2] - The order aims to develop domestic capabilities for exploration, characterization, collection, and processing of critical deep seabed minerals [4] - It seeks to strengthen partnerships with allies and industry to counter China's influence in the seabed mineral resource space [4] Group 2: The Metals Company Overview - The Metals Company focuses on deep-sea mining and has developed a system to collect polymetallic nodules from the seabed [5] - The company completed a successful pilot test in 2022, collecting approximately 4,500 metric tons of nodules and achieving a sustained hourly production rate of 86.4 metric tons [6] - The Metals Company holds exclusive exploration rights in the Clarion Clipperton Zone, with resources estimated to meet the requirements for 280 million electric vehicles [7] Group 3: Market Context and Challenges - The U.S. is heavily reliant on imports for 12 of the 50 minerals deemed critical, with China being a leading producer of 29 of those minerals [3] - The international community has not yet endorsed deep-sea mining, and The Metals Company is awaiting approval from the International Seabed Authority (ISA) for seabed mining regulations [8] - Trump's push for deep-sea mining has faced opposition from China, which claims the proposal violates international law [9] Group 4: Investment Considerations - While the executive order is seen as a positive for The Metals Company, uncertainties remain regarding the company's ability to commence commercial operations and achieve profitability [11][10] - Investors are advised to consider the high-risk nature of investing in The Metals Company at this time [12]
World First: TMC USA Submits Application for Commercial Recovery of Deep-Sea Minerals in the High Seas Under U.S. Seabed Mining Code
Globenewswire· 2025-04-29 12:41
America's return to leadership in deep-sea mining Throughout the 1970-1990s, America was a pioneer in deep-sea mining. Following last week's Executive Order, TMC's applications pave the way for America's return to leadership in this exciting industry. Following last week’s Executive Order, ‘Unleashing America’s Offshore Critical Minerals and Resources’, TMC USA has submitted applications to the National Oceanic and Atmospheric Administration (NOAA) for two exploration licenses and one commercial recover ...
TMC the metal company (TMC) - 2024 Q4 - Earnings Call Transcript
2025-03-27 23:46
TMC the metals company Inc. (NASDAQ:TMC) Q4 2024 Results Conference Call March 27, 2025 4:30 PM ET Company Participants Craig Shesky - Chief Financial Officer Gerard Barron - Chairman & Chief Executive Officer Conference Call Participants Matthew O'Keefe - Cantor Fitzgerald Jake Sekelsky - Alliance Global Partners Dmitry Silversteyn - Water Tower Research Operator Good day, and thank you for standing by. Welcome to The Metals Company Fourth Quarter 2024 Corporate Update Conference Call. At this time, all pa ...