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TMC Metals Surges to 447th in Trading Volume as Korea Zinc Invests 19.6 Million Shares
Generated by AI AgentAinvest Volume Radar
Wednesday, Jun 25, 2025 7:52 pm ET1min read
On June 25, 2025,
(TMC) saw a significant surge in trading volume, reaching 2.15 billion, a 272.62% increase from the previous day. This placed at the 447th position in terms of trading volume for the day. The stock price of TMC rose by 13.31%, marking the third consecutive day of gains, with a total increase of 14.18% over the past three days.Korea Zinc has made a strategic equity investment in TMC, acquiring a 5% ownership stake by purchasing 19.6 million common shares at $4.34 per share. This investment has strengthened TMC's financial position, which is further bolstered by over $120 million in recent capital raises, including $85 million from Korea Zinc. The investment has positioned Korea Zinc as one of TMC's largest shareholders, with approximately 5% ownership of its outstanding common shares.
This significant investment by Korea Zinc has had a notable impact on TMC's stock performance, contributing to its recent surge. The strategic partnership is expected to enhance TMC's operational capabilities and market presence, potentially driving further growth in the coming months.
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