Equities analysts expect TMC the metals company Inc. (NASDAQ:TMC – Get Rating) to announce ($0.11) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for TMC the metals’ earnings. The firm is expected to announce its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that TMC the metals will report full year earnings of ($0.38) per share for the current fiscal year. For the next year, analysts forecast that the company will post earnings of ($0.28) per share. Zacks’ earnings per share averages are a mean average based on a survey of analysts that follow TMC the metals.
TMC the metals (NASDAQ:TMC – Get Rating) last announced its earnings results on Thursday, March 24th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.03.
A number of institutional investors have recently made changes to their positions in TMC. Asia Research & Capital Management Ltd acquired a new stake in TMC the metals in the 3rd quarter valued at approximately $6,855,000. Baird Financial Group Inc. boosted its stake in shares of TMC the metals by 7,391.3% during the 1st quarter. Baird Financial Group Inc. now owns 1,198,600 shares of the company’s stock worth $3,104,000 after acquiring an additional 1,182,600 shares during the period. Lynwood Capital Management Inc. bought a new position in shares of TMC the metals during the 1st quarter worth approximately $1,813,000. Bank of Montreal Can boosted its stake in shares of TMC the metals by 5,685.4% during the 1st quarter. Bank of Montreal Can now owns 607,470 shares of the company’s stock worth $1,331,000 after acquiring an additional 596,970 shares during the period. Finally, Renaissance Technologies LLC bought a new position in shares of TMC the metals during the 4th quarter worth approximately $845,000. 34.01% of the stock is currently owned by institutional investors and hedge funds.
TMC opened at $1.46 on Monday. TMC the metals has a 1-year low of $1.12 and a 1-year high of $15.39. The business has a 50 day moving average of $1.73 and a 200-day moving average of $1.90.
TMC the metals Company Profile (Get Rating)
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. The company primarily explores for nickel, cobalt, copper, and manganese products.
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