Insider buying last 90 days
No open-market insider purchases were filed for TMC in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every TMC insider filing, plotted on the chart in Gekko.Open TMC in Gekko
NASDAQ: TMC
TMC the metals (TMC) Stock Analysis & Forecast
Oct 12 close
$2.88−0.48 (−14.3%)
Gekko Brief
AI summaryOct 12 closeTMC shares fell 7% in mid-day trading, last changing hands near $3.1250 after touching $3.14, on volume well below the average session pace. Beyond the price move, filing activity has been frequent this week, including Form 4 notices and stock grants of 25,445 and 77,720 restricted stock units to director Liam M. Mallon, though these are routine filings rather than news of substance. No other operational, regulatory or deal-related headlines accompanied the decline.
The stock closed at $2.88, down 14.3% on the day, and sits below both its 50-day average of $4.11 and 200-day average of $5.21, with the 50-day itself below the 200-day. The GekkoIndex reads 77.8, placing TMC in the Buying zone, while price stands 49.2% below the Gekko Fair Value estimate of $5.67. Momentum has been negative across multiple horizons, with the stock down 26.9% over one month, 31.1% over three months and 69.3% over the past year, and it trades near its 52-week low of $2.87.
TMC's next earnings report is set for 12 November 2026 after the close, 30 days out, placing it outside a typical 20-trading-day holding window; the prior report in August produced a 10.3% reaction. No insider, Congress or unusual options activity appears in the current window. Seasonally, the next 20 trading days have averaged a 7.2% decline over five years, rising in just one of those years. Analyst coverage from 4 firms is uniformly rated buy, with a consensus target of $10.9.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
TMC the metals price vs fair value
Close $2.88200-day averageGekko Fair Value $5.67
TMC the metals quick facts
- Market cap
- $1.25B
- P/E ratio
- —
- Forward P/E
- —
- EPS, TTM
- −$0.73
- Revenue, TTM
- $0
- Profit margin
- 0%
- Dividend yield
- —
- Beta
- 1.91
- Volume
- 13.26M avg 4.90M
- 1-year return
- −69.3%
- Typical daily move
- ±7.6%
- Typical 20-day move
- ±16.3%
- 50-day average
- $4.11
- 200-day average
- $5.21
- Next earnings
- Nov 12 after close
- Shares outstanding
- 441.1M
TMC the metals swing-trade checklist
TMC the metals scores 3 supportive, 0 mixed and 2 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive0 mixed2 headwinds
- Trendheadwind
Below 50 and 200-day
Close $2.88 is below the 50-day ($4.11) and 200-day ($5.21) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
77.8, Buying
Reading 77.8 is in the Buying zone.
See the GekkoIndex - Fair valuesupportive
49.2% below
Price is 49.2% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 31 days
Next report Nov 12, 2026, 31 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalityheadwind
−7.2% on average
From this point in the calendar, the next 20 trading days averaged −7.2% over 5 years, rising in 1 of them.
See seasonality
A description of current data, not a recommendation. How this page works
TMC the metals stock chart and price history
TMC the metals closed at $2.88 on Oct 12, 2026, −69.3% over the past year, inside a 52-week range of $2.87 to $11.35.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −26.9%
- 3 months
- −31.1%
- 6 months
- −37.7%
- 1 year
- −69.3%
The full TMC chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TMC in Gekko
Follow TMC the metals through every session
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About TMC the metals
TMC the metals is engaged in deep-sea mineral exploration, with a focus on gathering, processing, and refining polymetallic nodules found on the ocean floor. Its work centers on recovering nickel, cobalt, copper, and manganese from these nodules, materials that feed into electric vehicle and energy storage markets, manganese alloy used in steelmaking, and EV wiring and power transmission applications.
The company holds exploration and commercial rights across two polymetallic nodule contract areas located in the Clarion Clipperton Zone of the Pacific Ocean, where its seafloor collection activities are concentrated.
TMC the metals was founded in 2011 and operates out of Vancouver, Canada. Its shares trade on the NASDAQ under the ticker TMC.
- Listed
- NASDAQ
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Website
- metals.co
TMC the metals GekkoIndex: the smart money zone
TMC the metals’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 77.8, in the Buying zone, up 13.9 points over five sessions.
77.8Buying
Up 13.9 points over five sessions, from the Accumulation zone.
Reading for Oct 12, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 40 | +1.3% | +12.2% | ||
| Accumulation | 254 | +1.6% | +8.3% | ||
| Neutral | 337 | +2.3% | +5.1% | ||
| Distribution | 43 | −2.7% | +9.2% | ||
| Selling | 8 | Too few readings yet | |||
Average TMC share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.1% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the TMC price, zone by zone.Track TMC in Gekko
Is TMC the metals stock overvalued? Gekko Fair Value
TMC the metals trades 49.2% below Gekko Fair Value of $5.67, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what TMC the metals shares are worth, recalculated every trading day.
$5.67
Gekko Fair Value, Oct 10, 2026
49.2% Undervalued
At the end of Aug 2026 the price was 43.3% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open TMC in Gekko
TMC the metals insider and Congress trading
No open-market insider purchases were filed for TMC the metals, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in TMC were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for TMC, plotted on the chart in Gekko.Open TMC in Gekko
Buybacks
TMC the metals has been buying back its own shares.
- Bought back, quarter ended Mar 31, 2022
- $78K
- As a share of market cap
- 0.01%
From company filings.
TMC the metals earnings: next date and track record
TMC the metals reports on Nov 12, 2026, after the close (31 days away), and beat the EPS estimate in 3 of its last 8 reports.
Next earnings report
Nov 12, 2026
Expected after the close, 31 days away
- EPS estimate
- −$0.06
3 of 8reports beat the EPS estimate
±7.9%average move across the report
3 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 13, 2026 AI summary
- What they said
- The Metals Company (TMC) Q2 2026 corporate update focused on regulatory progress for TMC USA applications, advances on the Allseas collection system moving from engineering into procurement, new partnerships (notably Mariana Minerals for processing work and Eco Minerals for joint campaign work), and the company’s engagement with U.S. agencies around potential government funding and building domestic processing/refining capacity. Management emphasized the U.S. regulatory pathway (DISHRA) and contrasted it with slow progress at the ISA and some international opposition. Operational updates included plans to increase resource/reserve definitions through further survey work, a target capacity reference (Hidden Gem ~3 million tons/year), and ongoing engineering/feasibility work with partners. Financial commentary was limited: management does not plan to pursue capital markets while government funding processes proceed; the Mariana work is expected to require modest initial costs (mid-single-digit millions over multiple quarters); Allseas’ share award settled and will be included in share count; TMC has accrued some costs owed to Allseas with about half payable at commercial production. The call closed with optimistic forward-looking tone but acknowledged regulatory, funding, and timeline uncertainties.
- Guidance
- - Initial Mariana-related feasibility costs: relatively modest mid-single-digit millions over multiple quarters (management estimate). - Fabrication for the Allseas collection system planned to start in Q4 (management comment). - Operational target referenced: Hidden Gem target capacity ~3 million tons/year (used to contextualize potential U.S. supply contribution). - No revenue, EPS, margin, or formal financial guidance (no official earnings/revenue forecasts provided).
- Risks flagged
- - Regulatory uncertainty: ISA delays on mining code adoption; potential legal/administrative actions (ITLOS) and international opposition referenced. - Geopolitical/competitive risk: active Chinese activity and state-backed advancement in seabed exploration and processing capacity. - Funding dependency: need for government funding and related feasibility work; capital requirements for processing/refining and vessel construction. - Operational/permitting risk: need to secure permits, complete feasibility, and execute engineering and construction programs (Allseas vessel, processing facilities). - Execution/timing risk: estimates and plans remain subject to change and many items are contingent on further approvals and funding.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 13, 2026 | −$0.07 est −$0.06 | — | −10.3% |
| May 14, 2026 | −$0.04 est −$0.05 | — | −3.9% |
| Mar 27, 2026 | −$0.08 est −$0.06 | — | −11.1% |
| Nov 13, 2025 | −$0.14 est −$0.05 | — | −9.9% |
| Aug 14, 2025 | −$0.07 est −$0.06 | — | −9.6% |
| May 14, 2025 | −$0.06 est −$0.04 | $20.18M | +11.1% |
| Mar 27, 2025 | −$0.04 est −$0.05 | $20.18M | +3.6% |
| Nov 14, 2024 | $0.06 est −$0.06 | — | +4.0% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
TMC the metals stock forecast and analyst price targets
Analysts’ average 12-month price target for TMC the metals is $10.90, +278.5% from the last close, from 4 firms rating the stock in the last 90 days.
$10.90consensus 12-month target, +278.5% from the last close
Now $2.88Avg $10.90
Low $10High $12.25
Each firm’s latest rating in the last 90 days: 4 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 25 | Maxim Group | $10 | +247.2% |
| Sep 22 | H.C. Wainwright | $11.75 | +308.0% |
| Aug 27 | Stifel Nicolaus | $10 | +247.2% |
| Aug 14 | Maxim Group | $10 | +247.2% |
| Aug 14 | Alliance Global Partners | $12.25 | +325.3% |
+12.2%average 20-day move after past Buying readings
−7.2%average move over the next 20 trading days in the last 5 years
±7.6%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
TMC the metals seasonality: the next 20 trading days
Over the next 20 trading days from Oct 10, TMC the metals averaged −7.2% across the last 5 years, rising in 1 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +2.8% | 3 of 5 |
| Next 10 trading days | −8.9% | 0 of 5 |
| Next 15 trading days | −11.1% | 0 of 5 |
| Next 20 trading days | −7.2% | 1 of 5 |
| Next 30 trading days | −9.4% | 1 of 5 |
For scale, TMC’s typical 20-trading-day move in either direction is about 16.3%.
TMC the metals market cap and key statistics
TMC the metals’s market cap is $1.25B and revenue of $0 over the last twelve months.
Valuation
- Market cap
- $1.25B
- EPS, TTM
- −$0.73
- Gekko Fair Value
- $5.67
Trading
- Volume
- 13.26M
- Avg volume, 20 days
- 4.90M
- 52-week high
- $11.35
- 52-week low
- $2.87
- Shares outstanding
- 441.1M
Financials
- Revenue, TTM
- $0
- Profit margin
- 0%
- Return on equity
- -1123%
- Quarterly earnings growth, YoY
- 0.0%
Risk and income
- Beta
- 1.91
- Typical daily move
- ±7.6%
- Typical 20-day move
- ±16.3%
TMC the metals stock news this week
Coverage of TMC the metals this week reads neutral: 0 positive, 4 neutral and 0 negative headlines.
- TMC the metals (NASDAQ:TMC) Shares Down 7% – What’s Next?Defense World, Oct 12
- Form 4 TMC the metals Co Inc. For: 12 October By Investing.comInvesting.com South Africa, Oct 12
- Form 4 TMC the metals Co Inc. For: 11 October By Investing.comInvesting.com South Africa, Oct 11
- Form 4 TMC the metals Co Inc. For: 9 October By Investing.comInvesting.com South Africa, Oct 10
- Stock grants of 25,445 and 77,720 units go to TMC (TMC) director Liam M. Mallon.Stock Titan, Oct 9
TMC the metals peers
TMC the metals’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| SCCOSouthern Copper | Neutral | 36.1% above |
| FCXFreeport-McMoRan | Neutral | 9.1% above |
| CCJCameco | Accumulation | 3.4% below |
| TECKTeck Resources | Neutral | 8.8% above |
| ATIATI | Accumulation | 4.6% below |
| CRSCarpenter Technology | Accumulation | 15.4% below |
A peer links to its own page where one exists.
TMC the metals stock FAQ
What is TMC the metals’s market cap?
TMC the metals’s market cap is $1.25B at the Oct 12, 2026 close of $2.88, with 441.1M shares outstanding.
What is the TMC the metals stock forecast?
The consensus analyst 12-month price target for TMC the metals is $10.90, +278.5% from the last close. Of the 4 firms that rated the stock in the last 90 days, 4 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is TMC the metals stock overvalued or undervalued?
On Gekko’s estimate TMC the metals is undervalued: the Oct 12, 2026 close of $2.88 is 49.2% below Gekko Fair Value of $5.67. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does TMC the metals report earnings next?
TMC the metals is expected to report on Nov 12, 2026, after the market closes (31 days away). Analysts expect earnings of −$0.06 per share. TMC the metals beat the earnings estimate in 3 of its last 8 reports, moving 7.9% on average across the report.
What is TMC the metals’s 52-week high and low?
TMC the metals’s 52-week high is $11.35 and its 52-week low is $2.87; it closed at $2.88 on Oct 12, 2026, −69.3% over the past year.
Is TMC the metals stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk) and 2 as headwinds (trend and seasonality). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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