TMC the metals (TMCWW) to Release Earnings on Thursday

TMC the metals (NASDAQ:TMCWW) is projected to issue its results before the market opens on Thursday, March 19th. Analysts expect the company to announce earnings of ($0.0550) per share for the quarter.

TMC the metals Stock Down 3.2%

NASDAQ:TMCWW opened at $0.84 on Thursday. The business’s 50 day moving average is $1.23 and its two-hundred day moving average is $1.29. TMC the metals has a 52 week low of $0.19 and a 52 week high of $3.84.

Hedge Funds Weigh In On TMC the metals

Several large investors have recently added to or reduced their stakes in the company. Caption Management LLC increased its stake in TMC the metals by 843.1% during the fourth quarter. Caption Management LLC now owns 860,671 shares of the company’s stock valued at $1,110,000 after purchasing an additional 769,410 shares during the last quarter. Boothbay Fund Management LLC bought a new position in shares of TMC the metals in the 4th quarter worth about $735,000. Meteora Capital LLC bought a new position in shares of TMC the metals in the 3rd quarter worth about $55,000. Finally, Virtu Financial LLC acquired a new position in shares of TMC the metals in the 4th quarter valued at about $54,000.

TMC the metals Company Profile

The Metals Company (NASDAQ: TMC; warrants: TMCWW) is a mineral exploration and development firm focused on sourcing critical battery metals from polymetallic nodules on the seafloor. Headquartered in Vancouver, British Columbia, the company holds exploration contracts granted by the International Seabed Authority in the Clarion-Clipperton Zone of the Pacific Ocean. Through its subsidiary, Nauru Ocean Resources Inc, The Metals Company is advancing a pipeline of deep-sea resources rich in nickel, cobalt, copper and manganese, crucial for electric vehicle batteries and grid-scale storage systems.

Founded through a reverse merger with SPAC NPV Acquisition Corp.