TMC Surges on Growing Interest in Critical Minerals
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 02 Dec 25
TMC the metals company Inc. saw its stock price increase by 13.76%, crossing above the 5-day SMA, reflecting heightened investor interest in critical minerals.
The recent news highlights TMC's long-term strategy in deep-sea mining, with a projected net present value of over $23 billion for its NORI-D project. Despite currently having no revenues, the company is making progress in regulatory compliance and technological advancements.
As the demand for critical minerals rises, TMC's significant reserves of polymetallic rocks in the Pacific Ocean position it well for future growth, although it remains a speculative investment until it secures necessary mining licenses.
Analyst Views on TMC
Wall Street analysts forecast TMC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TMC is 8.33 USD with a low forecast of 6.50 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 7.510
Low
6.50
Averages
8.33
High
11.00
Current: 7.510
Low
6.50
Averages
8.33
High
11.00
About TMC
TMC the metals company Inc. is a deep-sea minerals exploration company. The Company is focused on the collection and processing of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone in the Pacific Ocean (CCZ), located approximately 1,300 nautical miles southwest of San Diego, California. The CCZ is a geological submarine fracture zone of abyssal plains and other formations in the Eastern Pacific Ocean, with a length of around 4,500 miles that spans approximately 1,737,000 square miles. These nodules contain high grades of four metals (nickel, copper, cobalt, manganese) which can be used as feedstock for battery cathode precursors (nickel, cobalt and manganese sulfates, or intermediate nickel-copper-cobalt matte) for electric vehicles (EV) and energy storage markets; copper cathode for EV wiring, energy transmission and other applications, and manganese silicate for manganese alloy production required for steel production.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
