Company Overview - TMC the metals company Inc. is a Canada-based deep-sea mining exploration company focusing on nickel, copper, cobalt, and manganese nodules in the Clarion Clipperton Zone [2] Recent Performance - TMC finished 9.70 percent lower on Monday at $6.28 per share as investors engaged in profit-taking after a four-day rally [1] - The recent boost in TMC's stock was driven by copper hitting a new record high amid tighter supply and a weaker US dollar [1] Financial Performance - The company reported a significant widening of its net loss and comprehensive loss by 800 percent to $189.39 million in the third quarter, compared to $20.5 million in the same period last year [4] - Operating loss expanded by 177 percent to $55.36 million from $19.96 million year-on-year, influenced by non-cash and non-recurring items such as share-based compensation and fair value changes in liabilities [5] Strategic Moves - Despite being a Canadian firm, TMC submitted its interest to the US government earlier this year to engage in deep-sea mining in the international seabed through its US subsidiary [3]