TMC the metals (TMC) Expected to Announce Earnings on Monday

TMC the metals (NASDAQ:TMC - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Monday, May 12th. Analysts expect TMC the metals to post earnings of ($0.03) per share for the quarter.

TMC the metals (NASDAQ:TMC - Get Free Report) last posted its quarterly earnings data on Thursday, March 27th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.01. The company had revenue of ($20.18) million during the quarter. On average, analysts expect TMC the metals to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TMC the metals Stock Down 3.9 %

TMC stock opened at $2.98 on Monday. The business's 50-day moving average price is $2.13 and its 200-day moving average price is $1.53. The stock has a market cap of $1.04 billion, a P/E ratio of -9.61 and a beta of 1.46. TMC the metals has a twelve month low of $0.72 and a twelve month high of $3.80.

Insider Buying and Selling

In other TMC the metals news, CFO Craig Shesky sold 353,702 shares of the stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $1.66, for a total transaction of $587,145.32. Following the completion of the transaction, the chief financial officer now owns 1,145,717 shares of the company's stock, valued at $1,901,890.22. This represents a 23.59 % decrease in their position. The transaction 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.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on TMC shares. Alliance Global Partners assumed coverage on shares of TMC the metals in a research report on Wednesday, January 15th. They issued a "buy" rating and a $3.75 price target for the company. Wedbush reiterated a "neutral" rating and issued a $4.00 price target on shares of TMC the metals in a research note on Friday, March 28th.

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.

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