With 7.28 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.07 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $1.818 whereas the lowest price it dropped to was $1.61. The 52-week range on TMC shows that it touched its highest point at $2.55 and its lowest point at $0.72 during that stretch. It currently has a 1-year price target of $4.23. Beta for the stock currently stands at 1.45.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TMC was down-trending over the past week, with a drop of -7.26%, but this was down by -1.78% over a month. Three-month performance surged to 50.91% while six-month performance rose 58.10%. The stock gained 16.08% in the past year, while it has gained 48.21% so far this year. A look at the trailing 12-month EPS for TMC yields -0.26 with Next year EPS estimates of -0.13. For the next quarter, that number is -0.04. This implies an EPS growth rate of 48.00% for this year and 0.00% for next year.
Float and Shares Shorts:
At present, 340.71 million TMC shares are outstanding with a float of 115.79 million shares on hand for trading. On 2025-03-14, short shares totaled 11.08 million, which was 342.0 higher than short shares on 1739491200. In addition to Mr. Gerard Barron as the firm’s CEO & Chairman of the Board, Mr. Craig Shesky serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.09475 of TMC’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, TMC reported revenue of $0.0 and operating income of -$16348000.0. The EBITDA in the recently reported quarter was -$16244000.0 and diluted EPS was $nan.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With TMC analysts setting a high price target of 4.5 and a low target of 4.0, the average target price over the next 12 months is 4.23333. Based on these targets, TMC could surge 171.08% to reach the target high and rise by 140.96% to reach the target low. Reaching the average price target will result in a growth of 155.02% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.16774 being high and -$0.2664 being low. For TMC, this leads to a yearly average estimate of -$0.21707.
