
TMC Stock Forecast & Price Target
TMC Analyst Ratings
Bulls say
TMC The Metals Co. is positioned favorably in the deep-sea minerals exploration sector, with a promising timeline aiming for first production by the fourth quarter of 2027. The company is experiencing positive interactions with regulatory bodies such as the NOAA, which may facilitate a faster permitting process critical for its operations in the Clarion Clipperton Zone. Additionally, TMC's ongoing efforts to balance equity and debt financing will be essential for advancing its significant capital-intensive projects and enhancing its asset base.
Bears say
TMC The Metals Co., Inc. reported a net loss of $74.3 million, translating to a loss of $0.39 per share for the quarter, highlighting a significant financial challenge. The majority of this loss, approximately $33.1 million, was attributed to costs related to the Naaru warrants, driven by fair value changes stemming from the company's revised sponsorship agreement with the Republic of Naaru. This absence of current production and reliance on costly agreements creates an outlook marked by financial instability and uncertainty in the company's operational viability.
This aggregate rating is based on analysts' research of The Metals Co and is not a guaranteed prediction by Public.com or investment advice.
TMC Analyst Forecast & Price Prediction
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