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FMP

TMC the Metals Company Inc. (NASDAQ:TMC) Targets Growth in Deep-Sea Mining

  • TMC the Metals Company Inc. (NASDAQ:TMC) is a significant player in the deep-sea mining sector, focusing on extracting essential metals crucial for U.S. supply security.
  • An analyst from National Bank has set a price target of $11.75 for TMC, indicating a potential increase of approximately 25.6%.
  • TMC's projects boast a combined after-tax net present value (NPV) of $23.6 billion, highlighting a substantial valuation difference compared to its market cap of approximately $3.92 billion.

TMC the Metals Company Inc. (NASDAQ:TMC) stands out in the deep-sea mining industry, with a focus on extracting vital metals such as manganese, cobalt, nickel, and copper. These metals are essential for U.S. supply security, underscoring the importance of TMC's operations. The company has notably expanded its commercial recovery areas to 65,000 square kilometers, significantly enhancing its resource base.

On January 23, 2026, an analyst from National Bank set a price target of $11.75 for TMC. At that time, TMC's stock was priced at $9.36, suggesting a potential increase of approximately 25.6%. Currently, the stock is priced at $9.50, reflecting a 14.12% increase with a change of $1.18, as highlighted by recent trading data.

TMC's projects have a combined after-tax net present value (NPV) of $23.6 billion, a stark contrast to its market cap of approximately $3.92 billion. This significant valuation difference supports a bullish outlook for the company. The stock has fluctuated between $8.51 and $9.67 today, with a 52-week high of $11.35 and a low of $1.42.

The company's market capitalization stands at approximately $3.92 billion, with a trading volume of 19.13 million shares. This robust trading activity indicates strong investor interest, aligning with the positive price target set by the analyst. TMC's strategic focus on critical metals positions it well for future growth in the deep-sea mining sector.