AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
TMC The Metals Company's stock is plummeting 8.6% after the company's Q2 earnings report, with investors unhappy about the Q4 2027 timeline for commercial operations. TMC reported a net loss of $0.20 per share and an operating loss of $22 million, but management set a date to begin mining operations and released studies suggesting a net present value of $23.69 billion for its mining projects. Despite the sell-off, the stock is still up 339% year to date.
TMC The Metals Company Inc. (Nasdaq: TMC) faced a significant sell-off in its stock following the release of its Q2 2025 earnings report. The stock fell by 8.6% after the company reported a net loss of $0.20 per share and an operating loss of $22 million. Despite these financial setbacks, management highlighted a Q4 2027 timeline for commercial operations and released studies suggesting a net present value (NPV) of $23.6 billion for its mining projects.Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet