Deep-Sea Mining Goldmine or Fool’s Gold? The Metals Company (TMC) Stock Analysis 2025
TMC stock has surged over 400% in 2025, recently trading above $7 with a $2.6 billion market cap. The company remains pre-revenue, posting a Q2 net loss of $74.3 million and holding $115.8 million in cash. Korea Zinc invested $85.2 million for a 5% stake, and TMC aims for first production by late 2027 if permits are secured. Regulatory delays and environmental opposition continue to pose risks.