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How to Buy Tmc The Metals Co Stock

Tmc The Metals Co Inc

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 the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California.

Tmc The Metals Co stock last closed at $1.55, up 1.97% from the previous day, and has increased 116.48% in one year. It has overperformed other stocks in the Other Industrial Metals & Mining industry by 1.36 percentage points. Tmc The Metals Co stock is currently +138.46% from its 52-week low of $0.65, and -51.56% from its 52-week high of $3.20.

As of May 24, 2024, there are 320.51M shares of TMC outstanding. The market value of TMC is $496.79M. In the last 24 hours, 1.18M TMC shares were traded.

How to Buy Tmc The Metals Co Stock

Wondering how to invest in Tmc The Metals Co stock? Here's how.
  1. Figure out where to buy Tmc The Metals Co stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Tmc The Metals Co stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Select your payment method and add your info.
  4. Research Tmc The Metals Co stock: The Tmc The Metals Co ticker symbol is TMC. Is Tmc The Metals Co stock a good investment? Should you buy shares of TMC? How do TMC's underlying business fundamentals look? Do top analysts think Tmc The Metals Co is a good buy? Why has TMC's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if TMC is a good stock to buy).
  5. Make your TMC purchase: Decide if you will purchase TMC shares at the current market price or use a limit order to buy TMC stock at a given price.
  6. Watch your investment in TMC: Create a watchlist to keep tabs on your investment in Tmc The Metals Co shares.

Step 1: Figure out where to buy Tmc The Metals Co stock

You will need a brokerage account in order to access the NASDAQ market and buy TMC stock.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the best brokerage, the next step is to fill out some personal info so you can buy TMC stock today.

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Step 3: Deposit funds into your brokerage account

Now that you have finished signing up on the highest rated stock app, you can securely and quickly fund your account:

Watch the video below for more details depositing funds into your new investment account.

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Step 4: Research Tmc The Metals Co stock

Once you have figured out the best place to buy Tmc The Metals Co stock, it's absolutely critical to analyze their stock before you invest, so you truly comprehend the risk as well as the opportunity.

Overview of key TMC info

TMC Price
$1.55
1w %
12.32%
1y %
116.48%
5y %
N/A
P/E
-4.56x
P/B
274.47x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$98.98M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$496.79M
Next Earnings
May 30, 2024
Next Dividend
N/A

Tmc The Metals Co Zen Score

WallStreetZen was designed to help average investors perform more accurate fundamental analysis.

You can view all of the due diligence checks on TMC's stock page.

Is TMC stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge TMC's true value.

Using relative valuations measures:

  • TMC may be overvalued based on its P/B ratio of 274.47x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.27x

You can access more valuation analysis on TMC's stock here.

TMC Financial Health

Failed Health Checks:

  • There are more long-term liabilities than short-term assets on the TMC balance sheet.
  • TMC has cash burn of 48871000. It does not have enough cash and short-term investments to cover this.
  • TMC has $3.99M in cash and short term investments. This is not enough to cover its annual cash burn of $48.87M.
  • TMC has a relatively high debt to equity ratio of 35.16.
  • There are more short-term liabilities than short-term assets on the TMC balance sheet.

Do analysts think it's a good time to buy Tmc The Metals Co stock

Out of 1 Wall Street analysts who give forecasts on TMC, the consensus analyst rating on TMC is a Hold

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Tmc The Metals Co stock forecast page.

Metrics for Advanced TMC Traders

SMA10
1.46
SMA20
1.49
SMA50
1.58
SMA100
1.47
SMA200
1.28
MACD
-0.03
MACD Signal
-0.04
MACD Histogram
0.01
RSI
52.87
Stochastic %K
65.42
Stochastic %D
46.2
StochRSI %K
89.34
StochRSI %D
69.93

Are TMC insiders buying or selling the stock?

In the past 12 months, executives and large shareholders at TMC have bought more shares than they have sold.

Anthony Osullivan, Chief Development Officer of TMC, was the latest TMC insider to sell. They sold $37,000.00 worth of TMC shares on May 23, 2024.

Learn more about who owns TMC stock here.

Does TMC stock generate passive income?

No, Tmc The Metals Co doesn't provide an income stream by paying out dividends.

TMC Social Trading Data

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your TMC purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price, use a limit order.

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Step 6: Watch your investment in TMC

Now that you own some shares in TMC, you'll want to keep up with your new investment.

Add TMC to a watchlist to get alerted to the latest events about your TMC stock.

TMC Feed

How to Buy Stock in Tmc The Metals Co

To summarize, here are the 6 steps to buy Tmc The Metals Co stock:

  1. Figure out where to buy Tmc The Metals Co stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Research Tmc The Metals Co stock
  5. Make your TMC purchase
  6. Watch your investment in TMC

If you are looking for a brokerage account, eToro is our favorite option.

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If you would like to track your new investment in Tmc The Metals Co, click the button below.

NASDAQ: TMC
$1.55+0.03 (+1.97%)
Updated May 24, 2024
Open eToro Account
NASDAQ: TMC
$1.55+0.03 (+1.97%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Tmc The Metals Co share?

As of May 24, 2024, it costs $1.55 to buy one share of Tmc The Metals Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.78, you can buy 0.5 shares of TMC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Tmc The Metals Co stock?

According to 1 Wall Street analysts who monitor Tmc The Metals Co, their consensus recommendation is to hold Tmc The Metals Co stock.

What is the best way to buy Tmc The Metals Co stock?

One way to place an order for Tmc The Metals Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.