(TMC) TMC the metals - Ratings and Ratios

TMC the metals company Inc. (NASDAQ:TMC) is a deep-sea minerals exploration company specializing in the discovery, extraction, and processing of polymetallic nodules from the ocean floor. These nodules, found in the Clarion Clipperton Zone (CCZ) of the Pacific Ocean, are rich in critical metals such as nickel, cobalt, copper, and manganese. The company holds exclusive exploration and commercial rights across three contract areas in the CCZ, a region known for its high-grade polymetallic nodules.

The metals extracted by TMC are essential for modern industrial applications, including electric vehicle (EV) battery production, renewable energy storage systems, energy transmission infrastructure, and manganese alloy production for steel manufacturing. The company leverages advanced underwater robotics and autonomous systems to explore and collect polymetallic nodules, minimizing environmental impact compared to traditional land-based mining.

Originally formed in 2011 as Sustainable Opportunities Acquisition Corporation (SOAC), TMC the metals company Inc. completed its transition to a publicly traded entity in 2021. Headquartered in Vancouver, Canada, the company has established partnerships with global engineering and technology firms to develop its deep-sea mining capabilities. Its focus on sustainable practices aligns with the growing demand for responsibly sourced critical minerals in the clean energy transition.

TMC’s stock is listed on the NASDAQ exchange under the ticker symbol TMC. With a market capitalization of approximately $1.39 billion, the company operates in the Diversified Metals & Mining sector. Recent trading data shows an average 20-day volume of 6,307,819 shares, with a last closing price of $3.10. The stock’s short-term technical indicators, including the 20-day SMA ($2.56) and 50-day SMA ($2.11), suggest upward momentum, while the 200-day SMA ($1.36) reflects longer-term growth trends. The Average True Range (ATR) of 0.38 indicates moderate price volatility.

From a fundamental perspective, TMC’s price-to-book (P/B) ratio of 173.77 highlights investor confidence in the company’s long-term growth prospects, despite the absence of current profitability metrics. The company’s focus on critical minerals and its first-mover advantage in deep-sea mining position it as a key player in the global transition to renewable energy and electric mobility.