TMC stock jumps 13% on NOAA deep-sea mining filing as traders eye key hearings next week
TMC shares jumped 13.5% to $9.44 Friday after the company filed for a U.S. deep-sea mining permit covering 65,000 square kilometers in the Pacific. The move follows a new NOAA review process aimed at speeding up seabed mining approvals. Trading volume reached nearly 24 million shares. Brokerages raised price targets, citing a regulatory milestone.