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Stock impact report

Retail Sentiment on TMC Has Flipped Bullish Even as the Stock Sits 17% Down This Year [Globe and Mail, The (Toronto, Canada)]

TMC the metals company Inc. (TMC) 
TMC stock is high-risk, but it could also deliver big wins with favorable regulatory news and the ramping of commercial operations. Geopolitical uncertainty has been a boost for the critical minerals market, and TMC The Metals Company (NASDAQ: TMC) has emerged as one of the most high-profile speculative plays in the space. The company's growth strategy is built around extracting mineral nodules from the seabed of coastal waters These nodules contain minerals including cobalt, copper, manganese, and nickel, and TMC is betting that it can gain the necessary regulatory approvals and begin mining these valuable resources underwater. TMC went public through a merger with a special-purpose acquisition company in September 2021 and has seen some volatile swings since its debut. The company's share price is up 81% over the last year, but it's seen a big pullback from its high. The company's share price is down % from its valuation peak and 13.5% in On the other hand, the stock appears to Show less Read more
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