TMC the metals company Inc. (NASDAQ:TMCWW – Get Free Report) rose 12.3% during mid-day trading on Wednesday . The company traded as high as $1.09 and last traded at $0.99. Approximately 208,403 shares were traded during trading, an increase of 69% from the average daily volume of 123,614 shares. The stock had previously closed at $0.88.
TMC the metals Stock Performance
The stock has a 50-day moving average price of $0.46 and a 200-day moving average price of $0.25.
About TMC the metals
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.
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