TMC the metals (TMC) to Release Quarterly Earnings on Monday

TMC the metals (NASDAQ:TMCGet Free Report) will release its earnings data after the market closes on Monday, March 25th. Analysts expect TMC the metals to post earnings of ($0.16) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

TMC the metals Price Performance

Shares of TMC the metals stock opened at $1.63 on Friday. TMC the metals has a one year low of $0.65 and a one year high of $3.20. The firm has a market capitalization of $497.41 million, a price-to-earnings ratio of -3.26 and a beta of 1.82. The business has a 50-day simple moving average of $1.39 and a 200 day simple moving average of $1.19.

Insider Activity at TMC the metals

In other TMC the metals news, CFO Craig Shesky sold 233,424 shares of the business’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $1.61, for a total transaction of $375,812.64. Following the completion of the sale, the chief financial officer now directly owns 947,242 shares of the company’s stock, valued at approximately $1,525,059.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 31.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On TMC the metals

Institutional investors have recently bought and sold shares of the company. Advisor Group Holdings Inc. lifted its position in shares of TMC the metals by 393.1% during the first quarter. Advisor Group Holdings Inc. now owns 24,040 shares of the company’s stock worth $62,000 after acquiring an additional 19,165 shares in the last quarter. Citigroup Inc. lifted its position in shares of TMC the metals by 46.1% during the first quarter. Citigroup Inc. now owns 61,937 shares of the company’s stock worth $160,000 after acquiring an additional 19,545 shares in the last quarter. Bank of Montreal Can lifted its position in shares of TMC the metals by 5,685.4% during the first 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 in the last quarter. Baird Financial Group Inc. lifted its position in shares of TMC the metals by 7,391.3% during the first 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 in the last quarter. Finally, Luminus Management LLC purchased a new stake in shares of TMC the metals during the first quarter worth $971,000. Hedge funds and other institutional investors own 56.71% of the company’s stock.

About TMC the metals

(Get Free Report)

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. It primarily explores for nickel, cobalt, copper, and manganese products.

Further Reading

Earnings History for TMC the metals (NASDAQ:TMC)

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