Overview
US critical metals developer reported Q4 net loss widened yr/yr, loss per share $0.08
Company's Q4 loss driven by higher share-based compensation and legal, consulting costs
Company secured exclusive negotiations for nodule processing hub in Texas, signed Mariana Minerals partnership
Outlook
Company expects to secure a commercial recovery permit within a year
Company progressing feasibility study for potential processing and refining facility in Texas
Company says liquidity is sufficient for working capital and capital expenditure needs for at least twelve months
Result Drivers
SHARE-BASED COMPENSATION - Co said Q4 expenses rose due to accelerated amortization of awards granted in Q3 2025
LEGAL AND CONSULTING COSTS - Co attributed higher Q4 general and administrative expenses to increased legal, consulting and personnel costs
ENGINEERING WORK DECREASE - Co said mining, technological and process development expenses decreased due to reduced engineering work
Company press release: ID:nGNX3LKPSN
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 EPS | -$0.08 | ||
Q4 Net Income | -$40.40 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for TMC the metals company Inc is $11.88, about 157.6% above its March 26 closing price of $4.61
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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