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| Exchange | NASDAQ |
|---|---|
| CurrencyCode | USD |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| ISIN | CA87261Y1060 |
| Market Cap | 2B |
|---|---|
| Beta | 1.46 |
| PE Ratio | None |
| Target Price | 4.2333 |
| Dividend Yield | None |
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. It was founded in 2011 and is based in Vancouver, Canada.
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