TMC
TMC the metals company Inc.
NasdaqGSUSDEQUITY
Basic Materials
DELAYED
Sell
-37/100
Last price
3.70
▼ 0.07 (1.84%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
3.71
Prev close
3.77
Day high
3.83
Day low
3.67
Volume
3.84M
Market cap
$1.63B
P/E (TTM)
—
52W range
3.40 – 11.35
Day trading desk
Gap from prior close
-1.59%
Prior close 3.77
VWAP
—
—
Relative volume
0.00×
Quiet session
Session range
0.26%
3.70 – 3.71
Position in range
0%
Near session low
ATR (14D)
0.23
6.23% of price
Prior day high
3.83
PDH
Prior day low
3.71
PDL
Bid / ask spread
—
Quote not published
Session volume
—
Avg 5.25M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-1.07%
-3.0%
1M
-16.67%
-17.8%
3M
-7.96%
-12.5%
6M
-16.10%
-34.3%
YTD
-40.03%
-54.3%
1Y
-50.07%
-66.5%
3Y
+273.36%
+191.1%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on TMC open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+9.20M
Net buying
Buy transactions
10
9.22M shares
Sell transactions
1
20.77K shares
Net transactions
+11
Buys less sells
Sell : buy shares
0.0 : 1
Mixed
Insider-held shares
203.10M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 1, 26 | ALLSEAS GROUP, S.A. Beneficial Owner of more than 10% of a Class of Security |
BUY | 7.31M | $31.85M | Indirect |
| Jun 2, 26 | MAY BRENDAN Director |
SELL | 20.77K | $133.33K | Direct |
| May 29, 26 | GREIG ANDREW CARLYLE Director |
STOCK | 36.82K | $0 | Direct |
| May 29, 26 | KARKAR ANDREI Director and Beneficial Owner of more than 10% of a Class of Security |
STOCK | 34.38K | $0 | Direct |
| May 29, 26 | KHAMA SHEILA Director |
STOCK | 33.84K | $0 | Direct |
| May 29, 26 | MADSBJERG CHRISTIAN Director |
STOCK | 35.60K | $0 | Direct |
| May 29, 26 | HALL ANDREW Director |
STOCK | 34.79K | $0 | Direct |
| May 29, 26 | MAY BRENDAN Director |
STOCK | 16.53K | $0 | Direct |
| Apr 13, 26 | BARRON GERARD Chief Executive Officer |
STOCK | 816.33K | $0 | Direct |
| Apr 13, 26 | SHESKY CRAIG Chief Financial Officer |
STOCK | 453.51K | $0 | Direct |
| Apr 13, 26 | ILVES ERIKA Officer |
STOCK | 453.51K | $0 | Direct |
| Mar 26, 26 | SHESKY CRAIG Chief Financial Officer |
SELL | 345.62K | $1.58M | Direct |
| Mar 20, 26 | SHESKY CRAIG Chief Financial Officer |
— | 562.54K | — | Direct |
| Feb 10, 26 | SHESKY CRAIG Chief Financial Officer |
CONVERSION | 63.20K | $41.08K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ALLSEAS GROUP, S.A. |
Beneficial Owner of more than 10% of a Class of Security | — | Purchase |
BARRON GERARD |
Chief Executive Officer | 41.80M | Stock Award(Grant) |
GREIG ANDREW CARLYLE |
Director | 5.11M | Stock Award(Grant) |
HESS MICHAEL BERNARD |
Director | 11.07M | Stock Award(Grant) |
ILVES ERIKA |
Officer | 5.24M | Stock Award(Grant) |
KARKAR ANDREI |
Director and Beneficial Owner of more than 10% of a Class of Security | 61.41M | Stock Award(Grant) |
MADSBJERG CHRISTIAN |
Director | 410.40K | Stock Award(Grant) |
O'SULLIVAN ANTHONY |
Officer | 2.03M | Sale |
SHESKY CRAIG |
Chief Financial Officer | 1.88M | Stock Award(Grant) |
SPIRO ALEXANDER BENJAMIN |
Director | 1.75M | Stock Award(Grant) |
Fundamentals
Market cap$1.63B
Enterprise value$1.53B
Revenue (TTM)—
Gross profit—
EBITDA$-205.55M
Net income$-305.64M
EPS (TTM)$-0.73
Free cash flow$20.78M
Total cash$98.66M
Total debt$0
Book value / share$-0.06
Shares outstanding441.14M
Float240.84M
Short % of float10.30%
Dividend yield0.00%
Beta (5Y)1.91
Valuation & profitability ratios
Trailing P/E—
Forward P/E-15.42
PEG ratio—
Price / sales—
Price / book—
EV / revenue—
EV / EBITDA-7.46
Gross margin0.00%
Operating margin0.00%
Profit margin0.00%
Return on equity-1123.19%
Return on assets-72.54%
Debt / equity—
Current ratio1.93
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $0 | $0 | $0 | $0 | — |
| Operating revenue | $0 | $0 | $0 | $0 | — |
| Selling, general & admin | $99.77M | $30.64M | $22.54M | $29.52M | +225.6% |
| Total operating expense | $140.05M | $81.29M | $72.39M | $174.12M | +72.3% |
| Operating income | -$140.05M | -$81.29M | -$72.39M | -$174.12M | -72.3% |
| Net interest income | -$422.00K | -$2.43M | $516.00K | $1.11M | +82.6% |
| Pre-tax income | -$319.70M | -$81.89M | -$73.74M | -$170.89M | -290.4% |
| Tax provision | $144.00K | $48.00K | $41.00K | $77.00K | +200.0% |
| Net income | -$319.84M | -$81.94M | -$73.78M | -$170.96M | -290.3% |
| Net income to common | -$319.84M | -$81.94M | -$73.78M | -$170.96M | -290.3% |
| Basic EPS | -0.83 | -0.25 | -0.26 | -0.71 | -232.0% |
| Diluted EPS | -0.83 | -0.25 | -0.26 | -0.71 | -232.0% |
| EBIT | -$316.49M | -$79.29M | -$72.96M | -$170.89M | -299.1% |
| EBITDA | -$316.23M | -$78.93M | -$72.60M | -$170.47M | -300.6% |
| Basic shares | 384.51M | 321.88M | 288.64M | 239.87M | +19.5% |
| Diluted shares | 384.51M | 321.88M | 288.64M | 239.87M | +19.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $117.63M | $3.48M | $6.84M | $46.88M | +3,280.3% |
| Cash & short-term investments | $117.63M | $3.48M | $6.84M | $46.88M | +3,280.3% |
| Total current assets | $120.68M | $5.33M | $8.82M | $49.60M | +2,163.8% |
| Property, plant & equipment | $45.38M | $47.54M | $50.00M | $45.17M | -4.5% |
| Goodwill & intangibles | $2.13M | $1.93M | $1.64M | — | +10.2% |
| Total assets | $181.63M | $63.00M | $68.90M | $94.78M | +188.3% |
| Total current liabilities | $59.40M | $54.53M | $31.33M | $41.61M | +8.9% |
| Current debt | — | $11.78M | — | — | — |
| Total debt | — | $11.78M | — | — | — |
| Total liabilities | $215.07M | $80.12M | $57.98M | $53.27M | +168.5% |
| Retained earnings | -$951.28M | -$631.43M | -$548.90M | -$475.12M | -50.7% |
| Shareholder equity | -$33.44M | -$17.12M | $10.92M | $41.51M | -95.4% |
| Working capital | $61.28M | -$49.20M | -$22.51M | $7.99M | +224.6% |
| Net tangible assets | -$35.57M | -$19.05M | $9.28M | $41.51M | -86.7% |
| Shares issued | 422.97M | 340.71M | 306.56M | 266.81M | +24.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$319.84M | -$81.94M | -$73.78M | -$170.96M | -290.3% |
| Depreciation & amortisation | $252.00K | $362.00K | $360.00K | $418.00K | -30.4% |
| Stock-based compensation | $96.67M | $25.31M | $12.36M | $20.08M | +281.9% |
| Change in working capital | $36.00K | $12.44M | -$813.00K | $16.16M | -99.7% |
| Operating cash flow | -$42.85M | -$43.47M | -$59.57M | -$66.60M | +1.4% |
| Capital expenditure | -$245.00K | -$515.00K | -$578.00K | -$1.17M | +52.4% |
| Investing cash flow | $447.00K | -$515.00K | -$578.00K | -$1.17M | +186.8% |
| Financing cash flow | $156.59M | $40.69M | $20.07M | $29.72M | +284.9% |
| Free cash flow | -$43.10M | -$43.98M | -$60.15M | -$67.77M | +2.0% |
| End cash position | $117.63M | $3.48M | $6.84M | $46.88M | +3,280.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $0 | $0 | $0 | $0 | $0 | — | — |
| Operating revenue | $0 | $0 | $0 | $0 | $0 | — | — |
| Selling, general & admin | $15.63M | $20.73M | $34.07M | $45.73M | $11.48M | — | -24.6% |
| Total operating expense | $71.72M | $33.98M | $44.70M | $55.36M | $21.98M | — | +111.0% |
| Operating income | -$71.72M | -$33.98M | -$44.70M | -$55.36M | -$21.98M | — | -111.0% |
| Net interest income | $326.00K | $471.00K | $608.00K | $658.00K | -$686.00K | — | -30.8% |
| Pre-tax income | -$60.01M | -$20.55M | -$40.38M | -$184.39M | -$74.34M | — | -191.9% |
| Tax provision | $116.00K | $44.00K | $21.00K | $123.00K | — | $0 | +163.6% |
| Net income | -$60.12M | -$20.60M | -$40.40M | -$184.52M | -$74.34M | — | -191.9% |
| Net income to common | -$60.12M | -$20.60M | -$40.40M | -$184.52M | -$74.34M | — | -191.9% |
| Basic EPS | -0.14 | 0.05 | — | -0.46 | -0.20 | 0.06 | -380.0% |
| Diluted EPS | -0.14 | 0.05 | — | -0.46 | -0.20 | 0.06 | -380.0% |
| EBIT | -$59.29M | -$19.89M | -$39.70M | -$183.71M | -$73.51M | — | -198.1% |
| EBITDA | -$59.25M | -$19.85M | -$39.62M | -$183.66M | -$73.45M | — | -198.5% |
| Basic shares | 433.24M | 425.77M | — | 405.51M | 366.63M | 345.35M | +1.8% |
| Diluted shares | 433.24M | 425.77M | — | 405.51M | 366.63M | 345.35M | +1.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $98.66M | $119.68M | $117.63M | $115.65M | $115.76M | — | -17.6% |
| Cash & short-term investments | $98.66M | $119.68M | $117.63M | $115.65M | $115.76M | — | -17.6% |
| Accounts receivable | $2.75M | $3.10M | — | $1.57M | $1.52M | $5.01M | -11.1% |
| Total current assets | $101.41M | $122.78M | $120.68M | $117.21M | $117.28M | — | -17.4% |
| Property, plant & equipment | $44.34M | $44.86M | $45.38M | $45.93M | $46.47M | — | -1.2% |
| Goodwill & intangibles | $2.27M | $2.18M | $2.13M | $2.08M | $2.04M | — | +3.9% |
| Total assets | $180.86M | $184.87M | $181.63M | $175.62M | $173.69M | — | -2.2% |
| Total current liabilities | $52.62M | $56.55M | $59.40M | $46.83M | $49.58M | — | -6.9% |
| Current debt | — | — | — | — | $2.48M | $9.98M | — |
| Total debt | — | — | — | — | $2.48M | $9.98M | — |
| Total liabilities | $208.30M | $212.22M | $215.07M | $216.24M | $91.83M | — | -1.8% |
| Retained earnings | -$1.03B | -$971.88M | -$951.28M | -$910.88M | -$726.36M | — | -6.2% |
| Shareholder equity | -$27.44M | -$27.35M | -$33.44M | -$40.62M | $81.86M | — | -0.3% |
| Working capital | $48.78M | $66.23M | $61.28M | $70.38M | $67.70M | — | -26.3% |
| Net tangible assets | -$29.70M | -$29.53M | -$35.57M | -$42.71M | $79.82M | — | -0.6% |
| Shares issued | 433.73M | 433.19M | 422.97M | 408.86M | 397.16M | — | +0.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$60.12M | -$20.60M | -$40.40M | -$184.52M | -$74.34M | -191.9% |
| Depreciation & amortisation | $39.00K | $39.00K | $79.00K | $57.00K | $58.00K | 0.0% |
| Stock-based compensation | $16.80M | $23.98M | $34.41M | $42.97M | $8.92M | -29.9% |
| Change in working capital | -$1.20M | $8.48M | -$2.07M | $1.38M | $3.68M | -114.2% |
| Operating cash flow | -$20.10M | -$615.00K | -$11.36M | -$11.49M | -$10.66M | -3,168.3% |
| Capital expenditure | -$33.00K | -$35.00K | -$105.00K | -$20.00K | -$50.00K | +5.7% |
| Investing cash flow | -$881.00K | -$35.00K | $241.00K | -$20.00K | $296.00K | -2,417.1% |
| Financing cash flow | $56.00K | $2.72M | $13.11M | $11.41M | $123.78M | -97.9% |
| Free cash flow | -$20.13M | -$650.00K | -$11.46M | -$11.51M | -$10.71M | -2,997.4% |
| End cash position | $98.66M | $119.68M | $117.63M | $115.65M | $115.76M | -17.6% |
Options analytics
Put / call volume
0.26
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
1.00
-73.0% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
570
Contracts, this expiry
Put volume
150
Contracts, this expiry
Heaviest call OI
1.00
0 contracts
Heaviest put OI
1.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.06 | -0.12 | -119.3% |
| Mar 2026 | -0.05 | -0.05 | 0.0% |
| Dec 2025 | -0.06 | -0.08 | -45.5% |
| Sep 2025 | -0.05 | -0.46 | -762.5% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.05 | 1 | $0 | 0.0% |
| Next quarter | -0.07 | 1 | $0 | 0.0% |
| Current year | -0.40 | 4 | $0 | 0.0% |
| Next year | -0.24 | 3 | $21.87M | 0.0% |
Analyst targets & ownership
Mean target$10.90
High target$12.30
Low target$10.00
Implied upside194.55%
Analyst count7
ConsensusSTRONG BUY
Strong buy / Buy3 / 3
Hold0
Sell / Strong sell0 / 0
Held by insiders46.04%
Held by institutions13.81%
Institutions holding260
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
3.85
-3.77% from price
SMA 20
3.90
-5.08% from price
SMA 50
4.13
-10.41% from price
SMA 100
4.47
-17.23% from price
SMA 200
5.29
-30.04% from price
EMA 12
3.86
-4.01% from price
EMA 26
3.99
-7.21% from price
EMA 50
4.13
-10.50% from price
RSI (14)
40.7
Neutral
MACD (12,26,9)
-0.13
Hist -0.02
ATR (14)
0.23
6.24% of price
Realised vol 30D
59.8%
Annualised
Bollinger upper
4.29
20, 2σ
Bollinger lower
3.50
20, 2σ
50 / 200 cross
Death
4.13 vs 5.29
Trend bias
Below 200
-30.04%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
3.31
More volatile than market
Correlation to SPY
0.45
Loosely linked
Realised vol 30D
59.8%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-67.7%
Peak to trough
Max drawdown 5Y
-86.2%
Peak to trough
ATR 14
0.23
6.24% of price
Beta (reported)
1.91
5Y monthly, from filing
Short interest
Shares short
29.07M
Prior 27.08M
Change vs prior
+7.3%
Shorts adding
% of float
10.30%
Elevated
% of shares out
6.59%
Against total outstanding
Days to cover
4.2
Liquid
Float
240.84M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jun 4, 26 | Maxim Group | INITIATED | — | Buy |
| Jun 2, 26 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| May 4, 26 | Wedbush | MAINTAINED | Outperform | Outperform |
| Apr 20, 26 | Wedbush | MAINTAINED | Outperform | Outperform |
| Mar 31, 26 | Wedbush | MAINTAINED | Outperform | Outperform |
| Jan 23, 26 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Jan 22, 26 | Wedbush | MAINTAINED | Outperform | Outperform |
| Nov 14, 25 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Aug 18, 25 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Aug 6, 25 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Jun 25, 25 | Wedbush | UPGRADE | Neutral | Outperform |
| May 20, 25 | HC Wainwright & Co. | INITIATED | — | Buy |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio—
Ex-dividend date—
Next pay date—
Last split—
Split date—
SEC filings
Specialized Disclosure Report filed pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act relating to the use of conflict minerals (Rule 13p-1)
SD · 2026-09-29
Notification filed by national security exchange to report the removal from listing and registration of matured
25-NSE · 2026-09-09
Corporate Changes & Voting Matters
8-K · 2026-08-19
Corporate Changes & Voting Matters
8-K · 2026-08-17
Corporate Changes & Voting Matters
8-K · 2026-08-13
Corporate Changes & Voting Matters
8-K · 2026-05-29
Corporate Changes & Voting Matters
8-K · 2026-05-28
Proxy Statements
DEFA14A · 2026-05-26
Headlines
Why The Metals Company Stock Is Soaring Today
Motley Fool · 7d ago
ExxonMobil Upstream Veteran Joins TMC Board Ahead of Seabed Mining Push
Oilprice.com · 8d ago
TMC The Metals Company Names Former ExxonMobil Executive to Board
MT Newswires · 8d ago
TMC Announces Appointment of Liam Mallon, Former President of ExxonMobil Upstream, to its Board of Directors
GlobeNewswire · 8d ago
TMC the metals Targets 2027 Offshore Commissioning as NOAA Permit Review Advances
MarketBeat · 13d ago
Is TMC The Metals (TMC) Reasonable Or Stretched On Book Value?
Simply Wall St. · 15d ago
TMC The Metals (TMC) Climbed, So What Is Driving Attention Now?
Simply Wall St. · 15d ago
The Metals Company vs. USA Rare Earth: Which Speculative Materials Bet Actually Pays Off First?
Motley Fool · 23d ago
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