TMC the metals Sees Unusually Large Options Volume (NASDAQ:TMC)

TMC the metals company Inc. (NASDAQ:TMC) was the recipient of unusually large options trading activity on Thursday. Traders acquired 55,622 call options on the stock. This is an increase of 89% compared to the average volume of 29,390 call options.

Analyst Ratings Changes

Several brokerages have recently weighed in on TMC. Wedbush restated an “outperform” rating and set a $11.00 target price on shares of TMC the metals in a report on Thursday. Weiss Ratings reissued a “sell (d-)” rating on shares of TMC the metals in a research note on Wednesday, October 8th. HC Wainwright upped their target price on TMC the metals from $7.25 to $7.50 and gave the company a “buy” rating in a report on Friday, November 14th. Finally, Zacks Research upgraded TMC the metals from a “strong sell” rating to a “hold” rating in a report on Thursday, November 13th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, TMC the metals currently has an average rating of “Hold” and an average target price of $9.25.

TMC the metals News Summary

Here are the key news stories impacting TMC the metals this week:

• Positive Sentiment: TMC USA filed a consolidated application with NOAA for exploration and a commercial recovery permit, increasing its expected permit area to ~65,000 km2 — a material step toward commercial-scale access to polymetallic nodules that underpin TMC’s resource thesis. TMC USA Files First Consolidated Deep-Seabed Mining Application
• Positive Sentiment: NOAA finalized a rule that allows qualified applicants to submit consolidated exploration + commercial applications and to reuse exploration-phase environmental/geological data — a regulatory modernization TMC says will shorten permit timelines and reduce duplicative review. This reduces a major regulatory hurdle for U.S.-based permitting. TMC Welcomes NOAA Rule Modernizing Deep-Seabed-Mining Permits
• Positive Sentiment: Bloomberg Law reports TMC prevailed in a lawsuit challenging its debt accounting fix — removing a legal overhang that could have weighed on valuation and permitting momentum. Deep Sea Miner TMC Beats Investor Suit
• Positive Sentiment: Analysts at Wedbush reaffirmed an “outperform” rating with an $11 price target, signaling continued institutional bullishness and implying upside from current levels. Benzinga
• Positive Sentiment: Options flow shows heavy bullish activity — ~55,622 call contracts traded (≈+89% vs. typical volume), which can amplify near-term upside and reflects speculative/informed interest in a catalyst-driven move. (Market options data)
• Neutral Sentiment: Political/regulatory commentary indicates the U.S. administration is pushing to accelerate permitting for deep-sea mining — a potential long-term tailwind, but timing and implementation remain uncertain. Will Streamlined U.S. Deep-Sea Mining Permits Alter TMC’s Path?
• Negative Sentiment: Company fundamentals and execution risks remain: TMC reported recent quarterly EPS misses and analysts still forecast negative full-year EPS; insiders have sold shares in recent months — factors that could cap valuation if permitting or technical scale-up delays occur. QuiverQuant coverage (includes insider and institutional activity)

TMC the metals Stock Up 1.8%

Shares of TMC stock opened at $8.32 on Friday. The firm has a 50 day moving average of $6.83 and a two-hundred day moving average of $6.60. The stock has a market capitalization of $3.44 billion, a PE ratio of -10.81 and a beta of 1.85. TMC the metals has a 52 week low of $1.41 and a 52 week high of $11.35.

TMC the metals (NASDAQ:TMC) last posted its quarterly earnings data on Thursday, November 13th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.08). Analysts expect that TMC the metals will post -0.22 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Anthony O’sullivan sold 50,000 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $6.77, for a total transaction of $338,500.00. Following the completion of the sale, the insider owned 2,025,667 shares of the company’s stock, valued at approximately $13,713,765.59. This represents a 2.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 27.60% of the company’s stock.

Hedge Funds Weigh In On TMC the metals

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. acquired a new position in shares of TMC the metals during the first quarter worth about $211,000. Wealth Enhancement Advisory Services LLC raised its holdings in TMC the metals by 10.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 47,163 shares of the company’s stock valued at $335,000 after acquiring an additional 4,482 shares in the last quarter. Sowell Financial Services LLC lifted its stake in TMC the metals by 37.4% in the second quarter. Sowell Financial Services LLC now owns 16,604 shares of the company’s stock worth $110,000 after acquiring an additional 4,517 shares during the last quarter. James J. Burns & Company LLC acquired a new position in TMC the metals during the 2nd quarter worth approximately $211,000. Finally, Corundum Group Inc. acquired a new position in TMC the metals during the 2nd quarter worth approximately $69,000. 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 California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean. Its products are used in electric vehicles (EV), renewable energy storage markets, EV wiring, energy transmission, manganese alloy production required for steel production, and other applications.