Wedbush analyst Daniel Ives reiterates TMC Metals (NASDAQ:TMC) with a Neutral and maintains $4 price target.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2023 | $4.20 | Buy | Cantor Fitzgerald |
| 11/24/2021 | $5.00 | Neutral | Wedbush |
| 11/12/2021 | $3.00 | Neutral | Piper Sandler |
| 11/11/2021 | Hold | Benchmark | |
| 11/11/2021 | Hold | The Benchmark Company |
4 - TMC the metals Co Inc. (0001798562) (Issuer)
4 - TMC the metals Co Inc. (0001798562) (Issuer)
4 - TMC the metals Co Inc. (0001798562) (Issuer)
NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results for the third quarter ending September 30, 2024. Q3 2024 Financial Highlights Current liquidity available from our cash on hand and our credit facilities of approximately $63 million as of date of filingBorrowing capacity of our unsecured credit facilities increased by $10.5 million as of date of filing: ERAS/Barron facility increased from $25 million to $38 million ($33.8 million available), and;Allseas Group SA affiliate facility reduced from $
NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (NASDAQ:TMC) ("TMC" or the "Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it has entered into a securities purchase agreement with certain new and existing institutional investors for the purchase of an aggregate of 17,500,000 common shares of the Company (the "Shares"), without par value ("Common Shares"), and accompanying Class B warrants (the "Class B Warrants" and collectively with the Shares and Class B Warrants, the "Securities") to purchase up to an aggregate of 8,750,000 Common Shares in a registered direct offering. Each Common Share and the acco
NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update on the expected submission date of the application to the ISA for an exploitation contract, and an expanded company strategy. Update Highlights: Following discussions between TMC subsidiary Nauru Ocean Resources Inc (NORI) and its sponsoring state, the Republic of Nauru, NORI has set the date of June 27, 2025 for the expected submission of its ISA exploitation applicationGiven it is unlikely the ISA would consider an application prior to its March 2025 session, the Re
SC 13D/A - TMC the metals Co Inc. (0001798562) (Subject)
SC 13D/A - TMC the metals Co Inc. (0001798562) (Subject)
SC 13D/A - TMC the metals Co Inc. (0001798562) (Subject)
8-K - TMC the metals Co Inc. (0001798562) (Filer)
424B5 - TMC the metals Co Inc. (0001798562) (Filer)
10-Q - TMC the metals Co Inc. (0001798562) (Filer)
Cantor Fitzgerald initiated coverage of The Metals Company with a rating of Buy and set a new price target of $4.20
Wedbush initiated coverage of TMC The Metals with a rating of Neutral and set a new price target of $5.00
Piper Sandler initiated coverage of The Metals Company with a rating of Neutral and set a new price target of $3.00
Mr. May is chairman and founder of Robertsbridge, a leading global sustainability consultancy he formed in 2010. He has spent more than 25 years in the sustainability space, initially working on oceans sustainability as CEO of the Marine Stewardship Council (MSC) and more recently on deforestation as European Chairman of the Rainforest AllianceHe joins TMC's Board to help the company transition into commercial production as global policymakers increasingly focus on the potential of deep-seafloor nodules to reduce the lifecycle planetary and human costs of land-based sources of the metals that underpin the energy transition and global development NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) --
Mr. Jurvetson is a legendary investor focused on founder-led, mission-driven companies at the cutting edge of disruptive technology and new industry formation. His investments include pioneering technology companies like Tesla, Planet Labs, SpaceX and Commonwealth Fusion Systems, and represent over $800 billion in aggregate value creationHe joins TMC's Board to help the company transition into commercial production as global policymakers increasingly focus on the potential of deep-seafloor nodules to strengthen domestic supply chains for critical metals that underpin energy transition and national security NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (NASDAQ:TM
As NORI Project Director, Grant Lindner will oversee the delivery and scaling of the Company's first polymetallic nodule projectLindner brings deep experience in delivering resource projects with BHP and Bechtel with an exceptional track record of building safe and capital-efficient greenfield and brownfield projectsChief Development Officer Anthony O'Sullivan has resigned as the Company's Chief Development Officer (CDO) for personal and health reasons, and will remain TMC's CDO throughout a twelve-month transition period NEW YORK, Oct. 20, 2022 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) (the "Company" or "TMC"), an explorer of lower-impact battery metals from seafloor polymetal
The chief executive of Impossible Metals, a privately held company developing ocean floor mining technology, is leaning toward offtake agreements rather than a public listing to fund full commercial operations. Offtake agreements are legally binding contracts where a buyer promises to take a certain amount of product at a specified price or price range in the future. These deals are important for early-stage mining companies because they allow them to more easily obtain money from lenders or investors to develop capital intensive projects. "I think offtake agreements are quite attractive," Impossible Metals CEO Oliver Gunasekara told Benzinga. However, he stressed that nothing is set i
As part of TMC's pilot-scale nodule processing, SGS and TMC produced the world's first cobalt sulfate from deep-seafloor polymetallic nodules, continuing to indicate TMC's resource is suitable for battery and energy transition marketsThe cobalt sulfate was produced in a testing program conducted in collaboration with SGS applying TMC's efficient flowsheet design that processes high-grade nickel-copper-cobalt matte directly to high-purity cobalt sulfate (without making cobalt metal) and produces fertilizer products instead of solid waste or tailingsKey milestone advances TMC's aim to decrease reliance on land-based cobalt deposits and supply chains, and follows last month's successful product
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Thursday, November 14, 2024, to provide an update on third quarter financial results and recent corporate developments. Third Quarter 2024 Conference Call Details Date: Thursday, November 14, 2024 Time: 4:30 p.m. ET Audio-only Dial-in: Register Here Virtual webcast with slides: Register Here The virtual webcast will be available for replay in the ‘Investors' tab of the Company's website under ‘Investors' > ‘Media' > ‘Events and Presentations', approx
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Wednesday, August 14, 2024, to provide an update on second quarter financial results and recent corporate developments. Second Quarter 2024 Conference Call Details Date:Wednesday, August 14, 2024 Time:4:30 p.m. ET Audio-only Dial-in:Register Here Virtual webcast with slides:Register Here The virtual webcast will be available for replay in the ‘Investors' tab of the Company's website under ‘Investors' > ‘Media' > ‘Events and Presentations', approxima
NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Monday, May 13, 2024, to provide an update on first quarter financial results and recent corporate developments. First Quarter 2024 Conference Call Details Date: Monday, May 13, 2024 Time: 4:30 p.m. ET Audio-only Dial-in: Register Here Virtual webcast with slides: Register Here The virtual webcast will be available for replay in the ‘Investors' tab of the Company's website under ‘Investors' > ‘Media' > ‘Events and Presentations', approximatel