Is TMC a good buy?
Out of 2 analysts, 0 (0%) are recommending TMC as a Strong Buy, 0 (0%) are recommending TMC as a Buy, 2 (100%) are recommending TMC as a Hold, 0 (0%) are recommending TMC as a Sell, and 0 (0%) are recommending TMC as a Strong Sell.
Can you invest in DeepGreen metals?
Invest in DeepGreen Metals Inc. Stash allows you to purchase smaller pieces of investments, called fractional shares, rather than having to pay the full price for a whole share. of DeepGreen Metals Inc. stock, you’ll need to sign up for Stash and open a personal portfolio.
When did TMC go public?
The SPAC, Sustainable Opportunities Acquisition Corp, originally went public in May 2020. After the merger, the company’s name will change to The Metals Company and will trade on the NYSE under the ticker “TMC.”
Is The Metals Company publicly traded?
The combined company will operate as The Metals Company and its common shares and warrants will begin trading on the Nasdaq Global Select Market under the new ticker symbols “TMC” and “TMCWW”, respectively, on September 10, 2021.
Will TMC go up?
The 2 analysts offering 12-month price forecasts for TMC the metals company Inc have a median target of 13.50, with a high estimate of 24.00 and a low estimate of 3.00. The median estimate represents a +885.40% increase from the last price of 1.37.
What does TMC mine?
Vancouver, Canada-based deep-sea minerals exploration company TMC the metals company Inc. (TMC – Get Rating) explores for and mines nickel sulfate, cobalt sulfate, copper, and manganese. The company holds interest in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean.
Is DeepGreen publicly traded?
Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company – Green Car Congress.
Who owns DeepGreen?
Sustainable Opportunities Acquisition Corp
In March 2021, DeepGreen Metals revealed it will be acquired by Sustainable Opportunities Acquisition Corp (SOAC) in a $2.9 billion deal.
Will TMC stock go up?
The 2 analysts offering 12-month price forecasts for TMC the metals company Inc have a median target of 13.50, with a high estimate of 24.00 and a low estimate of 3.00. The median estimate represents a +1,452.62% increase from the last price of 0.87.
Is TMC stock a SPAC?
The Metals Company was founded in 2021 under a special purpose acquisition company (SPAC) by the merger of DeepGreen Metals and the Sustainable Opportunities Acquisition Corporation (SOAC) to merge their seabed nodule collecting and processing capabilities. The deal valued TMC at $2.9 billion.
Who owns DeepGreen Metals?
Sustainable Opportunities Acquisition Corp (SOAC)
What happened to Nautilus Minerals?
The company collapsed in 2019 due to a lack of liquidity, poor management and ability to secure funding. The company’s board had secured loans through Deep Sea Mining Finance Ltd, a finance company setup by Mawarid Mining LLC a major shareholder of Nautilus Minerals.
Who is Gerard Barron?
Gerard Barron is on a mission to help wean humanity off fossil fuels and transition to a circular resource economy. He is a seasoned entrepreneur with a track record of building global companies in battery technology, media and future-oriented resource development both as a chief executive and strategic investor.
Who is SOAC merging with?
DeepGreen
SOAC and DeepGreen announced plans in March to merge through a SPAC deal at a $2.9B valuation, with The Metals Company ending up with up to $570M in cash on the books.
Is Nautilus Minerals still in business?
What does TMC The metal company do?
TMC the metals co., Inc. is a deep-sea minerals exploration company, which engages in the collection, processing and refining of polymetallic nodules found on the seafloor in the Pacific Ocean. It produces metals from polymetallic rocks to power electric vehicles.
What companies are doing deep-sea mining?
Past attendees:
- ABS USA.
- Nautilus Minerals Inc.
- IHC Mining B.V.
- Geomarine Ltd.
- UK Seabed Resources.
- Subsea Minerals Ltd.
- De Beers Marine.
- Neptune Minerals Inc.
Who owns deep green metals?
What happens to my SPAC shares after a merger?
What happens to SPAC stock after the merger? After a merger is completed, shares of common stock automatically convert to the new business.