TMC the metals (TMC) to Release Earnings on Thursday

Key Points

• TMC the metals is set to release its Q2 2025 earnings on August 13th, with analysts predicting a loss of ($0.06) per share for the quarter.
• The company's stock has dropped 8.2%, and it currently has a market cap of $1.88 billion with a price-to-earnings ratio of -22.52.
• Recent insider sales included Director Brendan May selling 44,204 shares, reflecting a 18.28% decrease in his position.

TMC the metals (NASDAQ:TMC - Get Free Report) is anticipated to release its Q2 2025 earnings data after the market closes on Thursday, August 14th. Analysts expect TMC the metals to post earnings of ($0.06) per share for the quarter.

TMC the metals (NASDAQ:TMC - Get Free Report) last issued its earnings results on Wednesday, May 14th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.03). 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 Trading Up 1.8%

Shares of NASDAQ TMC traded up $0.10 during mid-day trading on Friday, reaching $5.62. The company had a trading volume of 5,615,872 shares, compared to its average volume of 12,739,416. The stock has a market cap of $2.04 billion, a PE ratio of -24.43 and a beta of 1.59. The company has a 50-day moving average price of $6.19 and a two-hundred day moving average price of $3.72. TMC the metals has a 1-year low of $0.72 and a 1-year high of $8.63.

Insiders Place Their Bets

In other news, insider Anthony O'sullivan sold 164,317 shares of TMC the metals stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $4.49, for a total transaction of $737,783.33. Following the transaction, the insider owned 1,125,667 shares in the company, valued at approximately $5,054,244.83. The trade was a 12.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Brendan May sold 44,204 shares of TMC the metals stock in a transaction on Thursday, June 26th. The shares were sold at an average price of $7.38, for a total value of $326,225.52. Following the transaction, the director owned 197,586 shares in the company, valued at $1,458,184.68. This represents a 18.28% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 233,521 shares of company stock worth $1,259,009 in the last quarter. 27.60% of the stock is currently owned by corporate insiders.

Institutional Trading of TMC the metals

Institutional investors have recently bought and sold shares of the company. Creative Planning acquired a new stake in shares of TMC the metals in the second quarter worth about $76,000. Cetera Investment Advisers acquired a new stake in shares of TMC the metals in the second quarter worth about $168,000. Goldman Sachs Group Inc. acquired a new stake in shares of TMC the metals in the first quarter worth about $211,000. Finally, Geode Capital Management LLC lifted its position in shares of TMC the metals by 79.6% in the second quarter. Geode Capital Management LLC now owns 330,823 shares of the company's stock worth $2,183,000 after buying an additional 146,650 shares during the last quarter. Institutional investors and hedge funds own 4.39% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on TMC shares. HC Wainwright lifted their target price on TMC the metals from $5.50 to $7.25 and gave the stock a "buy" rating in a report on Wednesday. Wedbush upgraded TMC the metals from a "neutral" rating to an "outperform" rating and lifted their price target for the company from $6.00 to $11.00 in a report on Wednesday, June 25th.

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.