HomeTMC • NASDAQ
TMC the metals company Inc
$1.31
After Hours:
$1.33
(1.53%)+0.020
Closed: Jul 19, 7:46:34 PM GMT-4 · USD · NASDAQ · Disclaimer
StockUS listed securityCA headquartered
Previous close
$1.35
Day range
$1.30 - $1.36
Year range
$0.80 - $2.07
Market cap
419.87M USD
Avg Volume
1.02M
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
(USD)Mar 2024Y/Y change
Revenue
Operating expense
24.68M84.43%
Net income
-25.19M-83.26%
Net profit margin
Earnings per share
-0.08-58.42%
EBITDA
-24.60M-85.01%
Effective tax rate
Total assets
Total liabilities
(USD)Mar 2024Y/Y change
Cash and short-term investments
3.99M-85.94%
Total assets
65.46M-23.26%
Total liabilities
63.64M113.95%
Total equity
1.81M
Shares outstanding
320.51M
Price to book
135.00
Return on assets
-91.86%
Return on capital
-969.59%
Net change in cash
(USD)Mar 2024Y/Y change
Net income
-25.19M-83.26%
Cash from operations
-11.85M49.53%
Cash from investing
-340.00K
Cash from financing
9.05M80.96%
Net change in cash
-2.85M84.56%
Free cash flow
-3.62M87.15%
About
TMC the metals company Inc., doing business as The Metals Company, formerly DeepGreen Metals, is a Canadian deep sea mining exploration company. The company focuses on the mining of polymetallic nodules in the Clarion Clipperton Zone of the Pacific. In 2021, DeepGreen Metals was acquired by Sustainable Opportunities Acquisition Corp in a $2.9 billion Special Purpose Acquisition Company deal. TMC is now listed on the Nasdaq Stock Exchange. Baird Maritime noted that The Metals Company had no revenue or production as of April 2021, and highlighted the company's risky commercialization efforts: "Nobody has successfully managed to commercially harvest the nickel, copper, manganese, and cobalt from the nodules in 4,500 metres of water since interest was first stimulated in seabed mining in the 1970s." Wikipedia
Founded
2011
Website
Employees
46
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