TMCR shares surge 177.80% intraday on commencement of Nasdaq trading via direct listing.

The Metals Royalty Company Inc. surged 177.8% in intraday trading following the commencement of its direct listing on the Nasdaq Capital Market under the ticker "TMCR." The 2026 debut, executed without issuing new shares, established a purpose-built financing platform dedicated to U.S. critical mineral security. The company's valuation is anchored by a 2.0% gross overriding royalty on the NORI polymetallic nodule deposit controlled by TMC the metals company, positioning TMCR to capture upside in nickel, copper, cobalt, and manganese supply chains amid strong U.S. policy support for domestic resource extraction and re-industrialization.