TMC the metals (TMCWW) Expected to Release Quarterly Earnings on Thursday

TMC the metals (NASDAQ:TMCWWGet Free Report) is expected to be releasing its results after the market closes on Thursday, August 13th. Analysts expect TMC the metals to post earnings of ($0.0633) per share for the quarter.

TMC the metals Stock Up 178.9%

NASDAQ TMCWW opened at $0.08 on Friday. The firm’s fifty day simple moving average is $0.15 and its two-hundred day simple moving average is $0.51. TMC the metals has a 12-month low of $0.02 and a 12-month high of $3.84.

Institutional Investors Weigh In On TMC the metals

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Caption Management LLC boosted its holdings in TMC the metals by 843.1% in the fourth quarter. Caption Management LLC now owns 860,671 shares of the company’s stock worth $1,110,000 after acquiring an additional 769,410 shares in the last quarter. Boothbay Fund Management LLC acquired a new position in shares of TMC the metals during the fourth quarter valued at about $735,000. Meteora Capital LLC purchased a new position in shares of TMC the metals in the 3rd quarter valued at approximately $55,000. Finally, Virtu Financial LLC purchased a new position in shares of TMC the metals in the 4th quarter valued at approximately $54,000.

TMC the metals Company Profile

(Get Free Report)

The Metals Company (NASDAQ: TMC; warrants: TMCWW) is a mineral exploration and development firm focused on sourcing critical battery metals from polymetallic nodules on the seafloor. Headquartered in Vancouver, British Columbia, the company holds exploration contracts granted by the International Seabed Authority in the Clarion-Clipperton Zone of the Pacific Ocean. Through its subsidiary, Nauru Ocean Resources Inc, The Metals Company is advancing a pipeline of deep-sea resources rich in nickel, cobalt, copper and manganese, crucial for electric vehicle batteries and grid-scale storage systems.

Founded through a reverse merger with SPAC NPV Acquisition Corp.

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