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TMC the metals company Inc
Previous close
$1.62
Day range
$1.55 - $1.66
Year range
$0.65 - $3.20
Market cap
500.04M USD
Avg Volume
2.21M
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
Financials
Income Statement
Revenue
Net income
| (USD) | Dec 2023info | Y/Y change |
|---|---|---|
Revenue | — | — |
Operating expense | 33.26M | -70.11% |
Net income | -47.21M | 56.91% |
Net profit margin | — | — |
Earnings per share | -0.17 | 61.36% |
EBITDA | -33.16M | 70.17% |
Effective tax rate | -0.09% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Dec 2023info | Y/Y change |
|---|---|---|
Cash and short-term investments | 6.84M | -85.40% |
Total assets | 68.90M | -27.31% |
Total liabilities | 57.98M | 8.83% |
Total equity | 10.92M | — |
Shares outstanding | 318.25M | — |
Price to book | 40.50 | — |
Return on assets | -106.28% | — |
Return on capital | -250.91% | — |
Cash Flow
Net change in cash
| (USD) | Dec 2023info | Y/Y change |
|---|---|---|
Net income | -47.21M | 56.91% |
Cash from operations | -15.21M | 23.33% |
Cash from investing | -5.40M | -2,472.86% |
Cash from financing | 4.85M | 9,426.92% |
Net change in cash | -15.74M | 21.28% |
Free cash flow | -233.88K | 99.50% |
About
The Metals Company, formerly DeepGreen Metals, is a Canadian deep sea mining exploration company. The company focuses on the mining of polymetallic nodules.
In 2021, DeepGreen Metals was acquired by Sustainable Opportunities Acquisition Corp in a $2.9 billion Special Purpose Acquisition Company deal. Baird Maritime noted that The Metals Company had no revenue or production as of April 2021, and highlighted the company's risky commercialization efforts: "Nobody has successfully managed to commercially harvest the nickel, copper, manganese, and cobalt from the nodules in 4,500 metres of water since interest was first stimulated in seabed mining in the 1970s." Wikipedia
Founded
2011
Headquarters
Website
Employees
46
