The Metals Company (TMC) Soars 586% in 2025 but Awaits Commercial License
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Fool
- Remarkable Stock Performance: The Metals Company (TMC) experienced a staggering 586% increase in stock price in 2025, meaning a $10,000 investment last year would now be worth approximately $58,600, reflecting strong market expectations for its future.
- Significant Operating Losses: Despite the soaring stock price, TMC reported an operating loss of $55.4 million in Q3 2025, with a net loss of $184.5 million, indicating a fragile financial situation that could impact investor confidence.
- Critical Commercial License: TMC's future hinges on obtaining a commercial license for deep-sea mining from the International Seabed Authority, which, if successful, would enable the company to convert its multibillion-dollar polymetallic nodules into sales, alleviating its hefty operational costs.
- Potential Policy Support: TMC is pursuing an alternative commercialization route through the U.S. National Oceanic and Atmospheric Administration, with support from the Trump administration for deep-sea mining, potentially allowing TMC to enter the commercial phase faster than what the ISA could guarantee.
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: 6.170
Low
6.50
Averages
8.33
High
11.00
Current: 6.170
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.
