TMC the metals (NASDAQ:TMC) Earns Outperform Rating from Wedbush

TMC the metals (NASDAQ:TMC)‘s stock had its “outperform” rating reissued by investment analysts at Wedbush in a report released on Thursday,Benzinga reports. They presently have a $11.00 target price on the stock. Wedbush’s price target would indicate a potential upside of 16.53% from the company’s current price.

A number of other research firms have also recently issued reports on TMC. Weiss Ratings restated a “sell (d-)” rating on shares of TMC the metals in a report on Wednesday, October 8th. HC Wainwright increased their target price on TMC the metals from $7.25 to $7.50 and gave the stock a “buy” rating in a research note on Friday, November 14th. Finally, Zacks Research raised shares of TMC the metals from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 13th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $11.38.

TMC the metals Trading Up 13.5%

Shares of NASDAQ:TMC opened at $9.44 on Thursday. TMC the metals has a 12 month low of $1.42 and a 12 month high of $11.35. The company has a market capitalization of $3.90 billion, a price-to-earnings ratio of -12.26 and a beta of 1.85. The firm’s 50-day moving average is $6.92 and its 200 day moving average is $6.62.

TMC the metals (NASDAQ:TMC) last announced its quarterly earnings data on Thursday, November 13th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.08). As a group, equities analysts forecast that TMC the metals will post -0.22 EPS for the current fiscal year.

Insider Activity at TMC the metals

In related news, insider Anthony O’sullivan sold 50,000 shares of TMC the metals stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $6.77, for a total value of $338,500.00. Following the completion of the sale, the insider directly owned 2,025,667 shares in the company, valued at $13,713,765.59. The trade was a 2.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 27.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC purchased a new stake in TMC the metals during the second quarter valued at approximately $28,000. Wolverine Asset Management LLC increased its position in shares of TMC the metals by 752.6% during the second quarter. Wolverine Asset Management LLC now owns 4,945 shares of the company’s stock worth $33,000 after purchasing an additional 4,365 shares in the last quarter. Sunbelt Securities Inc. acquired a new position in shares of TMC the metals during the third quarter worth $34,000. KBC Group NV purchased a new stake in shares of TMC the metals during the 2nd quarter valued at $37,000. Finally, Farther Finance Advisors LLC boosted its position in shares of TMC the metals by 465.8% in the 4th quarter. Farther Finance Advisors LLC now owns 5,686 shares of the company’s stock worth $35,000 after purchasing an additional 4,681 shares in the last quarter. Hedge funds and other institutional investors own 4.39% of the company’s stock.

Key TMC the metals News

Here are the key news stories impacting TMC the metals this week:

• Positive Sentiment: TMC’s U.S. subsidiary submitted a consolidated NOAA application expanding its expected commercial recovery permit area to ~65,000 km² in the Clarion‑Clipperton Zone — a material step toward securing permits needed for large‑scale nodule recovery. TMC USA Files First Consolidated Deep-Seabed Mining Application
• Positive Sentiment: HC Wainwright raised its price target to $11.75 and moved to a “buy” rating, signaling institutional optimism and providing fresh analyst support for upside. HC Wainwright Price Target Raise
• Positive Sentiment: Wedbush reaffirmed an “outperform” rating with an $11 target, adding to the analyst momentum behind the stock. Wedbush Rating
• Positive Sentiment: A Seeking Alpha analysis highlights a large resource base and economic studies valuing TMC projects at an after‑tax NPV (~$23.6B) well above current market cap, underpinning bullish investor narratives about long‑term value. TMC: Ride Path To Deep-Sea Mining Success
• Positive Sentiment: Bloomberg Law reports TMC prevailed in a suit over its debt accounting fix — a legal win that reduces near‑term corporate governance/legal overhang. TMC Beats Investor Suit
• Neutral Sentiment: Unusually large options activity (≈55,600 calls) indicates speculative or directional interest from traders; this can amplify moves but is not a fundamental change.
• Neutral Sentiment: Policy headlines on the potential to speed U.S. deep‑sea mining permits create a favorable regulatory backdrop but timing and rulemaking remain uncertain. Streamlined U.S. Deep-Sea Mining Permits

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. Its products are used in electric vehicles (EV), renewable energy storage markets, EV wiring, energy transmission, manganese alloy production required for steel production, and other applications.