Analyst Price Target is $4.00
▲ +369.98% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for TMC the metals in the last 3 months. The average price target is $4.00, with a high forecast of $4.00 and a low forecast of $4.00. The average price target represents a 369.98% upside from the last price of $0.85.
Current Consensus is
Hold
The current consensus among 1 investment analysts is to hold stock in TMC the metals. This rating has held steady since October 2024, when it changed from a Moderate Buy consensus rating.
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. The company was formerly known as Sustainable Opportunities Acquisition Corporation and changed its name to TMC the metals company Inc. TMC the metals company Inc. was founded in 2011 and is based in Vancouver, Canada.
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