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NASDAQ:TMC 4 October 2025 - 13 October 2025

Deep-Sea Gold Rush? The Metals Company Stock Rockets as Trump Targets Undersea Treasure

Deep-Sea Gold Rush? The Metals Company Stock Rockets as Trump Targets Undersea Treasure

Electric vehicles and green tech have sent demand for critical minerals surging. Cobalt, nickel, copper and others are essential for EV batteries and have been designated “critical” by agencies like USGS nasdaq.com iea.org. According to the IEA, demand for nickel and cobalt jumped 6–8% in 2024 due to energy applications iea.org. Deep-sea nodules contain these exact metals: “Minerals critical to the clean energy transition have been found in the deep ocean floor,” including cobalt, nickel, manganese and others used in EV batteries weforum.org. With many land-based mines concentrated in a few countries, governments are keen to secure new sources. Global initiatives reflect this tension. The UN’s International Seabed Authority is drafting mining rules, but many signatories have urged a pause until environmental impacts are studied ts2.tech weforum.org. Roughly 1,000 marine scientists and ~38 countries have called for a moratorium on deep-sea mining weforum.org ts2.tech, citing unknown ecological harm. Yet supporters argue nodule mining could be less land-disturbing and lower-carbon than terrestrial mining.
Deep-Sea Goldmine or Fool’s Gold? The Metals Company (TMC) Stock Soars Amid EV Metals Boom and Controversy

Deep-Sea Goldmine or Fool’s Gold? The Metals Company (TMC) Stock Soars Amid EV Metals Boom and Controversy

Few stocks have seen a ride as dramatic as TMC the metals company Inc. in 2025. The deep-sea mining startup’s share price has surged by hundreds of percent year-to-date, making it one of the year’s standout performers in the market. At the start of 2025, TMC was essentially a penny stock – it traded under $2 in late 2024 – but by early October 2025 it was changing hands for around $8–9 per share, an over 400% increase since Januaryts2.tech. In fact, by the end of Q3 2025 TMC had climbed roughly 560% for the yearfinance.yahoo.com, and it continued climbing into Q4. This incredible rally has inflated TMC’s market capitalization from just a few hundred million dollars to about $3–4 billion. As of October 7, 2025, its market cap was estimated around $3.7 billion, up a staggering ~1,000% year-over-yearstockanalysis.com – a reflection of how quickly investor expectations have grown for this speculative venture. Such outsized gains have come with high volatility. TMC’s stock often moves in double-digit percentages on a single day, and it has experienced sudden spikes and sharp pullbacks. For instance, in late September the stock rallied for several consecutive sessions, gaining over 30% in roughly two weeksstockinvest.us.
Deep-Sea Mining Goldmine or Fool’s Gold? The Metals Company (TMC) Stock Analysis 2025

Deep-Sea Mining Goldmine or Fool’s Gold? The Metals Company (TMC) Stock Analysis 2025

The Metals Company is a deep-sea minerals exploration firm on a mission to harvest polymetallic nodules – often called “a battery in a rock” – from the ocean floor metals.co investors.metals.co. These potato-sized nodules are extraordinarily rich in critical battery metals: nickel, cobalt, copper, and manganese. TMC’s business model is to collect nodules from the Clarion-Clipperton Zone of the Pacific Ocean and process them into high-grade metals needed for electric vehicle batteries, renewable energy technology, and steel alloys metals.co. Unlike traditional land-based mines, TMC touts its approach as a “lower-impact” alternative to sourcing battery metals. The company has a “dual mission”: supply metals for the clean energy transition with minimal environmental and social impact, and help transition to a circular metal economy investors.metals.co. In practical terms, TMC plans to lift nodules to the surface, bring them to shore, and refine them with no tailings, no deforestation, and near-zero solid waste investors.metals.co – a stark contrast to open-pit mines which often generate large waste piles and habitat destruction.

Stock Market Today

  • Concentrix Q2 EPS Comes In Light, Stock Down Nearly 40% for the Year
    June 29, 2026, 7:00 PM EDT. Concentrix (CNXC) posted Q2 earnings of $2.63 a share, a penny below the Zacks Consensus of $2.64. Revenue was $2.46 billion, a 0.43% miss versus estimates, but up from $2.42 billion last year. Concentrix has only topped earnings estimates once in the past four quarters. Shares have dropped about 39.9% since the start of the year, trailing the S&P 500, which is up 7.4%. CNXC has a Zacks Rank #3 (Hold) as earnings estimate revisions remain uneven. Analysts are looking for $3.18 EPS and $2.54 billion revenue next quarter; full-year revenue is forecast at $11.65 billion. The Business-Services group sits in the top 42% of Zacks sectors. Investors are focused on the company's earnings call for any update on guidance.
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