TMC the metals (NASDAQ:TMC) Reaches New 1-Year Low – Here’s What Happened

Posted by Brenda Bartman on Jul 7th, 2026

TMC the metals company Inc. (NASDAQ:TMC – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $3.87 and last traded at $3.9640, with a volume of 2959491 shares traded. The stock had previously closed at $4.24.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. HC Wainwright reissued a “buy” rating and set a $11.75 price objective on shares of TMC the metals in a research report on Tuesday, June 2nd. Maxim Group started coverage on shares of TMC the metals in a report on Thursday, June 4th. They set a “buy” rating and a $10.00 price objective for the company. Wall Street Zen upgraded shares of TMC the metals from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 16th. Wedbush lifted their target price on shares of TMC the metals from $8.00 to $10.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of TMC the metals in a research note on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $10.58.

Read Our Latest Stock Analysis on TMC

TMC the metals Stock Down 4.1%

The firm has a market capitalization of $1.76 billion, a PE ratio of -5.16 and a beta of 2.03. The company’s 50-day simple moving average is $5.24 and its 200 day simple moving average is $5.88.

TMC the metals (NASDAQ:TMC – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.01. On average, sell-side analysts forecast that TMC the metals company Inc. will post -0.31 earnings per share for the current fiscal year.

Insider Transactions at TMC the metals

In other news, Director Brendan May sold 20,768 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $6.42, for a total transaction of $133,330.56. Following the transaction, the director directly owned 193,346 shares in the company, valued at $1,241,281.32. The trade was a 9.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 28.50% of the company’s stock.

Institutional Trading of TMC the metals

Institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC acquired a new stake in TMC the metals in the second quarter valued at $28,000. Osterweis Capital Management Inc. acquired a new stake in shares of TMC the metals during the fourth quarter valued at $29,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of TMC the metals during the 4th quarter worth about $29,000. Sunbelt Securities Inc. purchased a new stake in TMC the metals during the 3rd quarter worth $34,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of TMC the metals by 465.8% in the fourth quarter. Farther Finance Advisors LLC now owns 5,686 shares of the company’s stock worth $35,000 after acquiring an additional 4,681 shares in the last quarter. Institutional investors and hedge funds own 4.39% of the company’s stock.

TMC the metals Company Profile

(Get Free Report)

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.