TMC the metals (TMC) Stock Analysis & Price (Updated Oct 16, 2026, 4:00 PM ET)
Updated Oct 16, 2026, 4:00 PM ET
- Closed at $2.58, -3.37% vs the prior close of $2.67.
- Volume 3.72M shares, 0.6x its 50-day average.
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
TMC slides 3.4% to $2.58, a 52-week low. Closed at $2.58, -3.37% vs the prior close of $2.67. Day range $2.54–$2.72, opened at $2.69.
TMC daily analysis — what happened
A plain-English, data-only note written after every US trading day. Newest first; older days stay archived below.
Oct 16, 2026 — TMC slides 3.4% to $2.58, a 52-week low
- Closed at $2.58, -3.37% vs the prior close of $2.67. Day range $2.54–$2.72, opened at $2.69.
- Volume was 3.72M shares, 0.6x its 50-day average of 6.07M.
- Price is -35.6% vs its 50-day average ($4.01) and -49.7% vs its 200-day average ($5.12).
- 52-week range $2.47–$10.05; today's close sits at 1% of that range, 74.3% below the 52-week high.
Oct 15, 2026 — TMC rises 1.5% to $2.67
- Closed at $2.67, +1.52% vs the prior close of $2.63. Day range $2.47–$2.68, opened at $2.56.
- Volume was 9.47M shares, 1.6x its 50-day average of 5.97M.
- Price is -33.9% vs its 50-day average ($4.04) and -48.1% vs its 200-day average ($5.14).
- 52-week range $2.47–$10.73; today's close sits at 2% of that range, 75.1% below the 52-week high.
Oct 14, 2026 — TMC slides 6.6% to $2.63, a 52-week low, 8 down days in a row
- Closed at $2.63, -6.57% vs the prior close of $2.82. Day range $2.56–$2.77, opened at $2.73.
- Volume was 6.76M shares, 1.1x its 50-day average of 5.92M.
- Price is -35.3% vs its 50-day average ($4.07) and -49.0% vs its 200-day average ($5.16).
- 52-week range $2.56–$10.87; today's close sits at 1% of that range, 75.8% below the 52-week high.
- That makes 8 straight losses.
Oct 13, 2026 — TMC dips 2.3% to $2.82, a 52-week low, 7 down days in a row
- Closed at $2.82, -2.26% vs the prior close of $2.88. Day range $2.72–$2.87, opened at $2.84.
- Volume was 7.66M shares, 1.3x its 50-day average of 5.84M.
- Price is -31.2% vs its 50-day average ($4.09) and -45.7% vs its 200-day average ($5.18).
- 52-week range $2.72–$11.35; today's close sits at 1% of that range, 75.2% below the 52-week high.
- That makes 7 straight losses.
Oct 12, 2026 — TMC slides 14.2% to $2.88, a 52-week low on 2.4x normal volume
- Closed at $2.88, -14.16% vs the prior close of $3.36. Day range $2.87–$3.33, opened at $3.33.
- Volume was 13.35M shares, 2.4x its 50-day average of 5.63M — unusually heavy trading.
- Price is -29.9% vs its 50-day average ($4.11) and -44.7% vs its 200-day average ($5.21).
- 52-week range $2.87–$11.35; today's close sits at 0% of that range, 74.6% below the 52-week high.
- That makes 6 straight losses.
Oct 9, 2026 — TMC dips 2.2% to $3.36, a 52-week low, 5 down days in a row
- Closed at $3.36, -2.19% vs the prior close of $3.43. Day range $3.32–$3.50, opened at $3.50.
- Volume was 4.24M shares, 0.8x its 50-day average of 5.63M.
- Price is -18.6% vs its 50-day average ($4.12) and -35.8% vs its 200-day average ($5.23).
- 52-week range $3.31–$11.35; today's close sits at 1% of that range, 70.4% below the 52-week high.
- That makes 5 straight losses.
Oct 8, 2026 — TMC dips 2.6% to $3.43, a 52-week low, 4 down days in a row
- Closed at $3.43, -2.56% vs the prior close of $3.52. Day range $3.31–$3.51, opened at $3.50.
- Volume was 5.46M shares, 1.0x its 50-day average of 5.62M.
- Price is -16.9% vs its 50-day average ($4.13) and -34.7% vs its 200-day average ($5.25).
- 52-week range $3.31–$11.35; today's close sits at 1% of that range, 69.8% below the 52-week high.
- That makes 4 straight losses.
Oct 7, 2026 — TMC slides 4.9% to $3.52, a 1-month low, 3 down days in a row
- Closed at $3.52, -4.86% vs the prior close of $3.70. Day range $3.52–$3.64, opened at $3.63.
- Volume was 4.41M shares, 0.8x its 50-day average of 5.62M.
- Price is -14.7% vs its 50-day average ($4.13) and -33.2% vs its 200-day average ($5.27).
- 52-week range $3.40–$11.35; today's close sits at 2% of that range, 69.0% below the 52-week high.
- That makes 3 straight losses.
Oct 6, 2026 — TMC dips 1.9% to $3.70
- Closed at $3.70, -1.86% vs the prior close of $3.77. Day range $3.67–$3.83, opened at $3.82.
- Volume was 3.85M shares, 0.7x its 50-day average of 5.61M.
- Price is -10.4% vs its 50-day average ($4.13) and -30.0% vs its 200-day average ($5.29).
- 52-week range $3.40–$11.35; today's close sits at 4% of that range, 67.4% below the 52-week high.
Oct 5, 2026 — TMC dips 0.5% to $3.77
- Closed at $3.77, -0.53% vs the prior close of $3.79. Day range $3.71–$3.83, opened at $3.80.
- Volume was 3.43M shares, 0.6x its 50-day average of 5.63M.
- Price is -8.7% vs its 50-day average ($4.13) and -28.9% vs its 200-day average ($5.30).
- 52-week range $3.40–$11.35; today's close sits at 5% of that range, 66.8% below the 52-week high.
Oct 2, 2026 — TMC rises 0.8% to $3.79
- Closed at $3.79, +0.80% vs the prior close of $3.76. Day range $3.74–$3.88, opened at $3.86.
- Volume was 3.67M shares, 0.7x its 50-day average of 5.60M.
- Price is -8.2% vs its 50-day average ($4.13) and -28.8% vs its 200-day average ($5.32).
- 52-week range $3.40–$11.35; today's close sits at 5% of that range, 66.6% below the 52-week high.
TMC latest news & SEC filings
Every SEC filing by or about TMC in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Oct 9, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Mallon Liam M received an award of 25,445 shares on Sep 25, 2026; now holds 25,445
- Mallon Liam M received an award of 77,720 shares on Sep 28, 2026; now holds 103,165
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 9, 2026 · Form 3 — New insider holdings
Initial insider ownership statement (Form 3) — a new director, officer or 10% owner disclosed their holdings
Sep 29, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 5.02 — Change in directors or officers (appointment, departure or pay).
- Item 7.01 — Released information under Regulation FD (e.g. a presentation or press release).
Sep 29, 2026 · Form SD — Specialized disclosure (conflict minerals)
Specialized disclosure (conflict minerals)
Sep 16, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Hall Andrew received an award of 72,935 shares on Sep 11, 2026; now holds 466,993
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Sep 11, 2026 · Form SCHEDULE 13D/A — Update to a 13D 5%+ stake disclosure
Update to a 13D 5%+ stake disclosure
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Sep 9, 2026 · Form 25-NSE — Notice that a security is being removed from exchange listing
Notice that a security is being removed from exchange listing
Aug 19, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 7.01 — Released information under Regulation FD (e.g. a presentation or press release).
Aug 17, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 7.01 — Released information under Regulation FD (e.g. a presentation or press release).
Aug 13, 2026 · Form 10-Q — Quarterly report
Quarterly report (unaudited financial statements for the quarter)
Quarter ended Jun 30, 2026:
- Net income: -$60.12M (prior year -$74.34M) (loss narrowed vs Jun 30, 2025)
- Diluted EPS: $0.14 (prior year $0.20) (-30.0% vs Jun 30, 2025)
Aug 13, 2026 · Form SCHEDULE 13G/A — Update to a passive 5%+ stake (13G)
Update to a passive 5%+ stake (13G)
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 13, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 2.02 — Reported results of operations (earnings release).
This is a results-day filing: the earnings press release is attached as an exhibit.
Jul 7, 2026 · Form SCHEDULE 13D/A — Update to a 13D 5%+ stake disclosure
Update to a 13D 5%+ stake disclosure
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Jul 7, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Heerema Edward bought 7,305,567 shares on Jul 1, 2026
- Heerema Edward bought 7,305,567 shares on Jul 1, 2026
- Allseas Group S.A. bought 7,305,567 shares on Jul 1, 2026
- Allseas Group S.A. bought 7,305,567 shares on Jul 1, 2026
- Allseas Investments S.A. bought 7,305,567 shares on Jul 1, 2026
- Allseas Investments S.A. bought 7,305,567 shares on Jul 1, 2026
- …plus 14 more transaction lines in the filing.
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Things to know before you trade TMC
- Last results release: Aug 13, 2026 (8-K Item 2.02). Previous ones: May 14, 2026, Mar 27, 2026, Nov 13, 2025. Based on that rhythm, the next report is likely around Nov 12, 2026 — an estimate, not a confirmed date.
- How much it moves: over the last 20 sessions the average daily move was 3.88% (largest 14.2%). That is a volatile stock.
- Liquidity: about 5.33M shares (≈$13.76M) trade per day on average.
- 52-week position: $2.58 vs a range of $2.47–$10.05 (1% of the range).
- Dividends: no cash dividends in the last 2 years.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 20 open-market buys, 5 sales; latest: Edward Heerema bought 7,305,567 shares on Jul 1, 2026.
- Latest filings: 8-K Sep 29, 2026; 8-K Aug 19, 2026; 8-K Aug 17, 2026.
- Share count: 441.14M shares outstanding (Aug 11, 2026), +8.5% vs a year earlier — notable dilution.
- Listing: Nasdaq · industry: Metal Mining.
TMC market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 16, 2026 | 2.69 | 2.72 | 2.54 | 2.58 | 3.72M |
| Oct 15, 2026 | 2.56 | 2.68 | 2.47 | 2.67 | 9.50M |
| Oct 14, 2026 | 2.73 | 2.77 | 2.56 | 2.63 | 6.76M |
| Oct 13, 2026 | 2.84 | 2.87 | 2.72 | 2.82 | 7.66M |
| Oct 12, 2026 | 3.33 | 3.33 | 2.87 | 2.88 | 13.35M |
| Oct 9, 2026 | 3.50 | 3.50 | 3.32 | 3.36 | 4.24M |
| Oct 8, 2026 | 3.50 | 3.51 | 3.31 | 3.43 | 5.46M |
| Oct 7, 2026 | 3.63 | 3.64 | 3.52 | 3.52 | 4.41M |
| Oct 6, 2026 | 3.82 | 3.83 | 3.67 | 3.70 | 3.85M |
| Oct 5, 2026 | 3.80 | 3.83 | 3.71 | 3.77 | 3.43M |
| Oct 2, 2026 | 3.86 | 3.88 | 3.74 | 3.79 | 3.67M |
| Oct 1, 2026 | 3.82 | 3.86 | 3.70 | 3.76 | 3.98M |
| Sep 30, 2026 | 3.83 | 4.13 | 3.82 | 3.84 | 6.04M |
| Sep 29, 2026 | 3.97 | 3.98 | 3.72 | 3.74 | 4.92M |
| Sep 28, 2026 | 3.87 | 3.92 | 3.78 | 3.86 | 3.23M |
| Sep 25, 2026 | 3.99 | 4.08 | 3.93 | 3.93 | 2.53M |
| Sep 24, 2026 | 4.00 | 4.10 | 3.98 | 4.00 | 3.65M |
| Sep 23, 2026 | 4.30 | 4.33 | 4.04 | 4.07 | 4.58M |
| Sep 22, 2026 | 4.16 | 4.48 | 4.05 | 4.41 | 5.19M |
| Sep 21, 2026 | 3.94 | 4.20 | 3.89 | 4.14 | 6.52M |
About TMC the metals
TMC the metals (TMC) is listed on the Nasdaq and classified by the SEC under “Metal Mining”. Its business address is in VANCOUVER, British Columbia, Canada. State of incorporation: British Columbia, Canada. Fiscal year ends December 31. SEC CIK 1798562.
TMC board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| Gerard Barron | Chairman & CEO | Apr 15, 2026 |
| Andrew Carlyle Greig | Director | Jun 2, 2026 |
| Andrew Hall | Director | Sep 16, 2026 |
| Andrei Karkar | Director | Jun 2, 2026 |
| Sheila Khama | Director | Jun 2, 2026 |
| Christian Madsbjerg | Director | Jun 2, 2026 |
| Brendan May | Director | Jun 2, 2026 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| Gerard Barron | Chairman & CEO | Apr 15, 2026 |
| Erika Ilves | Chief Strategy Officer | Apr 15, 2026 |
| Anthony O'Sullivan | Chief Development Officer | Dec 8, 2025 |
| Craig Shesky | Chief Financial Officer | Apr 15, 2026 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 1, 2026 | Edward Heerema | Buy | 7,305,567 | — |
| Jul 1, 2026 | Edward Heerema | Buy | 7,305,567 | — |
| Jul 1, 2026 | Group S.A. Allseas | Buy | 7,305,567 | — |
| Jul 1, 2026 | Group S.A. Allseas | Buy | 7,305,567 | — |
| Jul 1, 2026 | Investments S.A. Allseas | Buy | 7,305,567 | — |
| Jul 1, 2026 | Investments S.A. Allseas | Buy | 7,305,567 | — |
| Jul 1, 2026 | Cedit Virtuti Nv Argentum | Buy | 7,305,567 | — |
| Jul 1, 2026 | Cedit Virtuti Nv Argentum | Buy | 7,305,567 | — |
| Jul 1, 2026 | Administratiekantoor Aequa Lance Foundation Stichting | Buy | 7,305,567 | — |
| Jul 1, 2026 | Administratiekantoor Aequa Lance Foundation Stichting | Buy | 7,305,567 | — |
| Jul 1, 2026 | Edward Heerema | Buy | 7,305,567 | — |
| Jul 1, 2026 | Edward Heerema | Buy | 7,305,567 | — |
| Jul 1, 2026 | Group S.A. Allseas | Buy | 7,305,567 | — |
| Jul 1, 2026 | Group S.A. Allseas | Buy | 7,305,567 | — |
| Jul 1, 2026 | Investments S.A. Allseas | Buy | 7,305,567 | — |
TMC financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| Dec 31, 2025 | — | $-319.84M | 0.83 | $-42.85M |
| Dec 31, 2024 | — | $-81.94M | 0.25 | $-43.47M |
| Dec 31, 2023 | — | $-73.78M | 0.26 | $-59.57M |
| Dec 31, 2022 | — | $-170.96M | 0.71 | $-66.60M |
| Dec 31, 2021 | — | $-141.30M | 0.69 | $-56.09M |
Latest balance sheet: total assets $180.86M, total liabilities $208.30M, cash $98.66M (as of Jun 30, 2026).
TMC earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| Aug 13, 2026 | 8-K Item 2.02 (results) | $4.41 |
| May 14, 2026 | 8-K Item 2.02 (results) | $5.71 |
| Mar 27, 2026 | 8-K Item 2.02 (results) | $4.27 |
| Nov 13, 2025 | 8-K Item 2.02 (results) | $5.17 |
| Aug 14, 2025 | 8-K Item 2.02 (results) | $5.41 |
| May 14, 2025 | 8-K Item 2.02 (results) | $2.99 |
| May 12, 2025 | 8-K Item 2.02 (results) | $3.14 |
| Mar 27, 2025 | 8-K Item 2.02 (results) | $1.70 |
| Nov 14, 2024 | 8-K Item 2.02 (results) | $0.96 |
| Nov 12, 2024 | 8-K Item 2.02 (results) | $0.98 |
| Aug 14, 2024 | 8-K Item 2.02 (results) | — |
| May 13, 2024 | 8-K Item 2.02 (results) | — |
Related stocks · Metal Mining
Freeport-Mcmoran (FCX)Vale (VALE)MP Materials Corp. / DE (MP)Bhp (BHP)Cleveland-Cliffs (CLF)Southern Copper Corp/ (SCCO)USA Rare Earth (USAR)Rio Tinto (RIO)Hudbay Minerals (HBM)Aura Minerals (AUGO)
Popular today
Spdr S&P 500 Etf (SPY)Micron Technology (MU)Nvidia (NVDA)Meta Platforms (META)Sandisk (SNDK)AMD (AMD)Space Exploration Technologies (SPCX)Tesla (TSLA)Apple (AAPL)Intel (INTC)Microsoft (MSFT)Amazon (AMZN)
More on TMC
Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: end-of-day data as of Oct 16, 2026, 4:00 PM ET. Filings: SEC EDGAR. Updated after every US trading day.