TMC the metals company Inc
TMC
$1.66
Closing
▼-3.49%
1D
▲50.91%
YTD
Market cap
$556.94M
52 week high
$3.19
52 week low
$0.65
Volume
168,091
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Market cap
$556.94M
Analysts' Rating
BUY
Price Target (Mean)
4.375
Total Analysts
2
P/E
Operating Margin
0.00%
Beta
1.70
Revenue Growth (Annual)
0.00%
52 week high
$3.19
52 week low
$0.65
Div. Yield
%
EPS Annual Growth
-20.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
TMC the metals company Inc. is a deep-sea minerals exploration company, which is focused on the collection, processing and refining of polymetallic nodules found on the seafloor of the Clarion Clipperton Zone of the Pacific Ocean (CCZ). The CCZ is a zone of abyssal plains and other formations in the Eastern Pacific Ocean, with a length of approximately 4,500 miles. The Company operates only one segment, which is engaged in exploration of seafloor polymetallic nodules, which includes the development of a metallurgical process to treat such seafloor polymetallic nodules. These nodules contain high grades of four metals (nickel, copper, cobalt, manganese) which can be used as feedstock for battery cathode precursors (nickel and cobalt sulfates) for electric vehicles (EV), nickel-copper-cobalt matte and/or copper cathode for EV wiring, clean energy transmission, and other applications and manganese silicate for manganese alloy production require for steel production.
