Company Overview - TMC the metals company Inc. is a Canada-based deep-sea mining exploration company focusing on nickel, copper, cobalt, and manganese nodules in the Clarion Clipperton Zone [2] Recent Performance - TMC finished 9.70 percent lower on Monday at $6.28 per share as investors engaged in profit-taking after a four-day rally [1] - The recent boost in TMC's stock was driven by copper hitting a new record high amid tighter supply and a weaker US dollar [1] Financial Performance - The company reported a significant widening of its net loss and comprehensive loss by 800 percent to $189.39 million in the third quarter, compared to $20.5 million in the same period last year [4] - Operating loss expanded by 177 percent to $55.36 million from $19.96 million year-on-year, influenced by non-cash and non-recurring items such as share-based compensation and fair value changes in liabilities [5] Strategic Moves - Despite being a Canadian firm, TMC submitted its interest to the US government earlier this year to engage in deep-sea mining in the international seabed through its US subsidiary [3]

We recently published 10 Stocks Racking Up Big Gains. TMC the metals company Inc. (NASDAQ:TMC) is one of the top performers of last week. TMC the metals company rallied for a fourth straight day on Friday, soaring 19.38 percent to close at $6.96 apiece as investor sentiment was boosted by copper’s surge to a new record high. On Friday, copper prices on the London Metal Exchange jumped to a new all-time high of $11,200 before paring gains to end the day just up by 2.28 percent at $11,189 per ton amid tigh ...

Group 1 - U.S. stocks experienced an upward trend, with the Dow Jones increasing by approximately 300 points on Friday [1] - Micron Technology, Inc. shares rose sharply by 2.5% to $235.92, driven by positive sentiment following Dell's strong third-quarter earnings and guidance [1] - Investors perceive Dell's results as indicative of broader strength in the technology sector, contributing to Micron's stock performance [1] Group 2 - DeFi Technologies Inc. shares surged by 20.5% to $1.6750 after the approval of QCAD as Canada's first compliant CAD stablecoin [3] - YD Bio Ltd saw a 13.7% increase in shares to $11.96, following the announcement of 510(k) clearance and plans for a clinical trial in Taiwan [3] - Other notable gainers included Savara Inc. (+12.3% to $6.02), TMC the metals company Inc. (+12.2% to $6.54), and ImmunityBio, Inc. (+10.7% to $2.3586) [3] - Precious metals stocks, including First Majestic Silver Corp. (+8.3% to $14.64) and Endeavour Silver Corp. (+10% to $9.47), rose amid increasing gold and silver prices [3] - Intel Corporation shares jumped by 7.8% to $39.65, reflecting positive market trends [3] - Crypto-linked stocks, such as Applied Digital Corporation, gained 6.8% to $26.61, following Bitcoin's rise above $90,000 [3]

Core Viewpoint - The rare earth sector in the U.S. stock market experienced a collective rise in share prices on Friday, indicating positive market sentiment towards this industry [1] Company Summaries - TMC the metals (TMC.US) saw a significant increase of over 14% in its stock price [1] - Critical Metals (CRML.US) experienced a rise of more than 3.8% [1] - American Resources (AREC.US) reported a stock price increase of 1.9% [1] - NioCorp Developments (NB.US) had a stock price increase of over 2.3% [1]

Core Viewpoint - The rare earth sector in the U.S. stock market experienced a collective rise in share prices on Friday, indicating positive market sentiment towards this industry [1] Company Summaries - TMC the metals (TMC.US) saw a significant increase of over 14% in its stock price [1] - Critical Metals (CRML.US) reported a rise of more than 3.8% [1] - American Resources (AREC.US) experienced a stock price increase of 1.9% [1] - NioCorp Developments (NB.US) had a stock price rise of over 2.3% [1]

Core Insights - The global competition for critical minerals is intensifying, with United States Antimony Corporation (UAMY) focusing on domestic antimony mining and The Metals Company (TMC) pursuing deep-sea nodule extraction for key minerals [1][2] UAMY Overview - UAMY is experiencing significant revenue growth, with a 160% year-over-year increase in the first half of 2025, reaching $17.5 million, and gross profit rising by 183% [5] - By the third quarter of 2025, UAMY's revenues for nine months reached $26.2 million, up 182%, with gross margins expanding from 24% to 28% [5] - The company has restored domestic antimony mining for the first time in approximately 40 years at Stibnite Hill, Montana, with ore grades expected to exceed 10% [6] - UAMY has expanded its processing capacity at the Thompson Falls facility and remains the only domestic processor and producer of antimony products, aligning with U.S. defense supply-chain priorities [9] - UAMY is also exploring additional critical minerals, including tungsten and cobalt, to replicate its antimony model [10][11] TMC Overview - TMC is focused on a long-term strategy for harvesting polymetallic nodules from the deep seabed, with no revenues reported in the last two quarters but significant regulatory and technological advancements [13] - The company published studies indicating a combined net present value of over $23 billion for its NORI-D project and broader resources [13] - TMC has made progress in engineering innovations for its nodule collector system and has successfully converted nodule-derived manganese silicate into battery-grade manganese sulfate [14][15] - Regulatory compliance under the U.S. Deep Seabed Hard Mineral Resources Act is crucial for TMC, with expectations for commercial recovery by Q4 2027 [17] - TMC maintains a strong liquidity position with $165 million in cash and potential from warrants exceeding $400 million, projecting EBITDA margins approaching 50% by 2040 [18] Comparative Analysis - UAMY is positioned for immediate operational growth through rising antimony production, while TMC is building a comprehensive seabed-to-battery mineral ecosystem for long-term supply chain reshaping [20] - Both companies serve strategic U.S. interests but differ in risk-reward profiles, with UAMY offering short-term traction and TMC promising substantial long-term scale [20]

Core Viewpoint - TMC The Metals Company presents a potential solution to the global scarcity of essential metals needed for data centers and electric vehicles, which could lead to significant stock appreciation if regulatory approval is obtained [1][6]. Group 1: Company Overview - TMC aims to extract metals like copper, nickel, cobalt, and manganese by vacuuming nodules from the Pacific Ocean seafloor, offering an alternative to traditional mining methods [2]. - The company experienced a stock price increase of up to 854% in 2025, although it has since declined by approximately 49% from its all-time highs [2]. Group 2: Financial Potential - The estimated net value of the metals TMC expects to extract is around $23.6 billion, significantly higher than its current market valuation of about $2 billion [3]. - TMC ended the third quarter with approximately $115 million in cash, providing a financial runway for a couple of years based on its current cash burn rate [4]. Group 3: Regulatory Challenges - TMC currently lacks regulatory approval to mine the area under its exploratory control, and while progress has been made, the steps to obtain the necessary license remain unclear [6]. - If TMC secures the mining license, the stock's current gains could be just the beginning of a much larger upward trend [7].

Group 1 - TMC The Metals Company is focused on deep-sea mining, aiming to extract cobalt, nickel, copper, and manganese from polymetallic nodules on the sea floor [1] - TMC's shares have increased by approximately 375% since the beginning of the year, significantly outperforming the S&P 500, which has risen by 14% [2] - The company has garnered investor interest due to its innovative approach to mineral production and the political push for domestic supply of critical minerals [4][5] Group 2 - TMC's stock performance over the past year shows a 482% increase, while the S&P 500 has only risen by 12.3% [6] - Political interest in seabed mineral development has surged, particularly following executive orders from President Trump aimed at enhancing U.S. leadership in this area [7] - Historical performance indicates that TMC shares rose after successful technology tests in 2022 and positive insider stock purchases in the following year [9]

Company Overview - TMC The Metals Company specializes in deep-sea exploration for polymetallic nodules in the Clarion-Clipperton Zone, which are rich in nickel, cobalt, copper, and manganese, essential for electric vehicle batteries and clean technology [3] - Currently priced at $5.42, TMC's stock is trading at less than half of its 52-week high of $11.35, indicating significant volatility [2] Financial Performance - In Q1 2025, TMC reported liquidity of $43.8 million, with only $2.3 million in cash and a burn rate of $9.3 million, resulting in a net loss of $20.6 million [6] - The company raised $37 million through a direct offering in May, but faces potential dilution risks due to attached warrants [6] Strategic Initiatives - TMC is pursuing U.S. permits under the Deep Seabed Hard Mineral Resources Act, aiming to expedite commercial recovery without waiting for international regulations [5] - A pre-feasibility study assigned a net present value (NPV) of $5.5 billion to the NORI-D project, with an overall project value of $23.6 billion when combined with other resources [5] Investment and Partnerships - Korea Zinc invested $85.2 million in TMC, acquiring a 5% ownership stake, which provides financial backing and industry credibility [5] Regulatory and Environmental Challenges - TMC's strategy of utilizing U.S. law instead of relying on the International Seabed Authority is contentious, with potential regulatory and environmental risks looming [7] - There are calls for a moratorium from various nations and scientific organizations, which could delay TMC's business model [7] Future Outlook - Key catalysts for TMC include acquiring a commercial recovery permit from NOAA and effective cash management to sustain operations [9] - The company must also conduct more detailed feasibility studies or initiate pilot collection projects to validate long-term economics [9] - Failure to secure permits or manage cash deficits could negatively impact investor sentiment and valuation [10] Investment Perspective - TMC represents a speculative investment with the potential to revolutionize the supply of essential battery metals, but it carries considerable risks [11] - The current decline in stock price may present an opportunity for investors confident in deep-sea nodules and willing to navigate environmental and regulatory challenges [11]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Sigma Lithium Corporation (SGML) is up 31% at $10.21 [3] - Safe & Green Holdings Corp. (SGBX) is up 22% at $4.17 [3] - VCI Global Limited (VCIG) is up 15% at $1.18 [3] - Vera Bradley, Inc. (VRA) is up 13% at $3.27 [3] - TMC the metals company Inc. (TMC) is up 8% at $5.88 [3] - DDC Enterprise Limited (DDC) is up 6% at $4.74 [3] - Relmada Therapeutics, Inc. (RLMD) is up 6% at $4.55 [3] - Tonix Pharmaceuticals Holding Corp. (TNXP) is up 5% at $17.18 [3] - Viewbix Inc. (VBIX) is up 5% at $2.10 [3] - Penguin Solutions, Inc. (PENG) is up 4% at $18.98 [3] Premarket Losers - Aimei Health Technology Co., Ltd (AFJK) is down 10% at $9.40 [4] - Gauzy Ltd. (GAUZ) is down 8% at $2.15 [4] - Wix.com Ltd. (WIX) is down 7% at $116.87 [4] - Diginex Limited (DGNX) is down 7% at $14.99 [4] - Okeanis Eco Tankers Corp. (ECO) is down 6% at $36.85 [4] - Olema Pharmaceuticals, Inc. (OLMA) is down 6% at $18.89 [4] - KULR Technology Group, Inc. (KULR) is down 6% at $2.52 [4] - Movano Inc. (MOVE) is down 5% at $10.54 [4] - Core AI Holdings (CHAI) is down 4% at $2.16 [4] - ARB IOT Group Limited (ARBB) is down 3% at $5.74 [4]