TMC the metals (TMC) to Release Quarterly Earnings on Wednesday

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 expected to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 13th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter.

TMC the metals (NASDAQ:TMC - Get Free Report) last announced its quarterly earnings data on Wednesday, May 14th. The company reported ($0.06) 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 trading hours on Friday, reaching $5.62. The stock had a trading volume of 5,615,872 shares, compared to its average volume of 12,739,416. The firm's 50 day moving average is $6.17 and its 200-day moving average is $3.68. TMC the metals has a 1 year low of $0.72 and a 1 year high of $8.63.

Wall Street Analysts Forecast Growth

TMC has been the subject of several research analyst reports. Wedbush upgraded shares of TMC the metals from a "neutral" rating to an "outperform" rating and upped their target price for the company from $6.00 to $11.00 in a report on Wednesday, June 25th. HC Wainwright upped their target price on shares of TMC the metals from $5.50 to $7.25 and gave the company a "buy" rating in a report on Wednesday.

Insiders Place Their Bets

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

Institutional Trading of TMC the metals

A number of large investors have recently bought and sold shares of the business. Creative Planning acquired a new stake in shares of TMC the metals in the 2nd quarter valued at approximately $76,000. Cetera Investment Advisers acquired a new stake in shares of TMC the metals in the 2nd quarter valued at approximately $168,000. Goldman Sachs Group Inc. acquired a new stake in shares of TMC the metals in the 1st quarter valued at approximately $211,000. Finally, Geode Capital Management LLC lifted its holdings in shares of TMC the metals by 79.6% in the 2nd quarter. Geode Capital Management LLC now owns 330,823 shares of the company's stock valued at $2,183,000 after buying an additional 146,650 shares during the period. Institutional investors and hedge funds own 4.39% of the company's stock.

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.