2025 Stock Surge: TMC stock has skyrocketed over 400% year-to-date, recently trading around $7+ (market cap ~$2.6 billion) [1][2]. Shares are up ~450% in the past 52 weeks amid investor excitement over deep-sea minerals and EV demand.
No Revenue (Yet), Big Losses: The Metals Company is pre-revenue and reported a Q2 2025 net loss of $74.3 million[3]. It held $115.8 million cash as of June 30, 2025 [4], providing runway into 2027 [5], but ongoing losses mean additional funding may be needed before production.
Strategic Backing: In 2025 TMC secured major funding from industry partners – Korea Zinc invested $85.2M for ~5% stake (at $4.34/share) [6] – and a $37M financing led by Allseas and other investors at…
