TMC the metals company Inc. to Post Q1 2025 Earnings of ($0.01) Per Share, Wedbush Forecasts (NASDAQ:TMC)

TMC the metals company Inc. (NASDAQ:TMC) – Stock analysts at Wedbush issued their Q1 2025 earnings estimates for TMC the metals in a research note issued on Wednesday, March 27th. Wedbush analyst D. Ives forecasts that the company will earn ($0.01) per share for the quarter. The consensus estimate for TMC the metals’ current full-year earnings is ($0.34) per share. Wedbush also issued estimates for TMC the metals’ Q2 2025 earnings at ($0.02) EPS, Q3 2025 earnings at ($0.02) EPS and Q4 2025 earnings at ($0.02) EPS.

TMC the metals Price Performance

NASDAQ TMC opened at $1.34 on Thursday. TMC the metals has a 12 month low of $0.65 and a 12 month high of $3.20. The business has a fifty day simple moving average of $1.40 and a 200 day simple moving average of $1.20.

Insider Transactions at TMC the metals

In related news, CFO Craig Shesky sold 233,424 shares of TMC the metals stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $1.61, for a total transaction of $375,812.64. Following the completion of the sale, the chief financial officer now owns 947,242 shares of the company’s stock, valued at $1,525,059.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 31.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On TMC the metals

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sunpointe LLC acquired a new position in shares of TMC the metals in the fourth quarter worth $25,000. Royal Bank of Canada lifted its stake in TMC the metals by 17.8% during the fourth quarter. Royal Bank of Canada now owns 90,072 shares of the company’s stock worth $99,000 after purchasing an additional 13,594 shares during the last quarter. Vanguard Group Inc. acquired a new stake in TMC the metals in the third quarter worth about $100,000. Toroso Investments LLC bought a new stake in shares of TMC the metals during the 3rd quarter worth $354,000. Finally, Legal & General Group Plc acquired a new stake in shares of TMC the metals during the 3rd quarter valued at $97,000. Hedge funds and other institutional investors own 4.39% of the company’s stock.

TMC the metals Company Profile

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 the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. It primarily explores for nickel, cobalt, copper, and manganese products.