TMC the metals Target of Unusually Large Options Trading (NASDAQ:TMC)

TMC the metals company Inc. (NASDAQ:TMC) saw unusually large options trading activity on Thursday. Stock traders purchased 55,622 call options on the company. This is an increase of approximately 89% compared to the average volume of 29,390 call options.

Key Stories Impacting TMC the metals

Here are the key news stories impacting TMC the metals this week:

• Positive Sentiment: NOAA rule modernizes and streamlines U.S. deep‑seabed permit process, reducing duplication between exploration and commercial recovery applications — a structural regulatory tailwind that shortens the timeline and increases predictability for qualified companies like TMC. TMC Welcomes NOAA Rule
• Positive Sentiment: TMC USA filed a consolidated NOAA application for exploration and a commercial recovery permit — and expanded the expected permit area to ~65,000 km2 — signaling the company is actively using the new regulatory pathway and advancing toward commercial scale. TMC USA Files Consolidated Application
• Positive Sentiment: Wedbush reaffirmed an “outperform” rating and set an $11 price target, implying additional upside from current levels — analyst support can buoy sentiment and attract buyers. Benzinga: Wedbush Reaffirms Outperform
• Neutral Sentiment: Broader policy signals (coverage that the administration plans to speed permits for deep‑sea mining) add momentum but carry execution and legal uncertainty; faster permitting would help TMC but outcomes and timelines remain uncertain. MSN: Trump to Speed Permits
• Negative Sentiment: Company and industry risks remain: NOAA’s new consolidated process is untested, regulatory reviews and legal challenges could delay approvals, and forward‑looking statements warn outcomes may differ materially — these uncertainties can re‑rate the stock if approvals stall. Quiver: NOAA Consolidated Application Process
• Negative Sentiment: Fundamentals and insider activity: TMC recently missed EPS estimates and still expects negative EPS for the year; notable insider sales have been reported — both can pressure sentiment if regulatory progress slows. No external link

TMC the metals Stock Up 11.9%

NASDAQ TMC traded up $0.98 on Thursday, reaching $9.15. The company had a trading volume of 20,685,505 shares, compared to its average volume of 9,342,020. The company’s fifty day moving average is $6.77 and its 200 day moving average is $6.59. TMC the metals has a 52-week low of $1.41 and a 52-week high of $11.35. The stock has a market capitalization of $3.78 billion, a P/E ratio of -11.85 and a beta of 1.85.

TMC the metals (NASDAQ:TMC) last posted its earnings results on Thursday, November 13th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.08). On average, research analysts expect that TMC the metals will post -0.22 EPS for the current year.

Insider Activity at TMC the metals

In related news, insider Anthony O’sullivan sold 50,000 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $6.77, for a total value of $338,500.00. Following the completion of the sale, the insider directly owned 2,025,667 shares of the company’s stock, valued at $13,713,765.59. The trade was a 2.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 27.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On TMC the metals

Several hedge funds have recently modified their holdings of the company. NewEdge Advisors LLC bought a new position in shares of TMC the metals in the second quarter valued at approximately $28,000. Wolverine Asset Management LLC lifted its holdings in TMC the metals by 752.6% during the second quarter. Wolverine Asset Management LLC now owns 4,945 shares of the company’s stock worth $33,000 after acquiring an additional 4,365 shares during the period. Sunbelt Securities Inc. purchased a new position in TMC the metals in the third quarter worth $34,000. KBC Group NV purchased a new stake in shares of TMC the metals during the 2nd quarter valued at $37,000. Finally, Quantbot Technologies LP purchased a new stake in shares of TMC the metals during the 2nd quarter valued at $48,000. Institutional investors own 4.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on TMC shares. HC Wainwright raised their price objective on TMC the metals from $7.25 to $7.50 and gave the company a “buy” rating in a research note on Friday, November 14th. Zacks Research upgraded TMC the metals from a “strong sell” rating to a “hold” rating in a report on Thursday, November 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of TMC the metals in a research report on Wednesday, October 8th. Finally, Wedbush restated an “outperform” rating and set a $11.00 price objective on shares of TMC the metals in a report on Thursday. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, TMC the metals currently has an average rating of “Hold” and an average price target of $9.25.

About TMC the metals

TMC the metals company Inc, a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean. Its products are used in electric vehicles (EV), renewable energy storage markets, EV wiring, energy transmission, manganese alloy production required for steel production, and other applications.