The Metals Royalty shares surge 192% intraday on Nasdaq direct listing commencement.

The Metals Royalty Company Inc. surged 192% in intraday trading following its direct listing on the Nasdaq Capital Market under the ticker TMCR. The move comes as the company, which holds a 2.0% gross overriding royalty on the NORI polymetallic nodule deposit controlled by TMC, began trading on April 8, 2026. The listing positions the firm as a dedicated financing platform for U.S. critical mineral security, aiming to capitalize on government support for domestic resource extraction and re-industrialization without issuing new shares.