Gold is 2025’s best performer. UBS sees more upside
The Metals Company (TMC) stock soared to a 52-week high this week, reaching a price level of $2.55, marking a remarkable 91% surge over the past six months according to InvestingPro data. This peak comes as a significant milestone for the company, reflecting a period of robust performance and investor confidence. While analyst targets suggest further upside potential, with price targets ranging from $4.00 to $4.50, InvestingPro analysis indicates the stock may be trading above its Fair Value. Over the past year, TMC, which operates under the Sustainable Opportunities Acquisition Corp., has witnessed notable price momentum, earning a strong 3.65 Financial Health Price Momentum Score. This impressive uptrend underscores the market’s growing interest in companies with a focus on sustainability and the potential for long-term growth in the green sector. For deeper insights, investors can access 8 additional exclusive ProTips and comprehensive financial analysis through the Pro Research Report.
In other recent news, The Metals Company (TMC) reported a significant reduction in its Q4 2024 net loss, coming in at $16.1 million or $0.05 per share, aligning with analyst expectations. This marks an improvement from the $33.5 million loss, or $0.11 per share, recorded in Q4 2023. The company’s liquidity remains robust, with $62 million available, sufficient to cover operations for the next 12 months. In a strategic move, TMC announced plans to apply for deep-sea exploration and commercial recovery permits under the U.S. mining code, aiming to leverage the U.S. regulatory framework for its operations. This decision follows extensive legal diligence and discussions with U.S. officials, reflecting a shift towards a more predictable regulatory path. Additionally, TMC has terminated its contract with the Marawa sponsor state, focusing resources on more promising areas. Analysts from firms like Cantor Fitzgerald and Alliance Global Partners (NYSE:GLP) have shown interest in the company’s dual regulatory approach, which includes maintaining applications with the International Seabed Authority (ISA). The Metals Company is also exploring potential service business opportunities, signaling a proactive approach in adapting to evolving industry dynamics.
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