TMC Stock — TMC the metals company Inc.

TMC the metals company Inc. (TMC)

Updated October 16, 2026.

TMC is a Stock. Total return is -73.4% over the past 6.3 years, 250.3 points behind SPY at 176.9%.

TMC the metals company Inc. is a deep-sea minerals exploration company that focuses on collecting, processing, and refining polymetallic nodules from the seafloor in the Pacific Ocean, primarily targeting nickel, cobalt, copper, and manganese for use in electric vehicles, energy storage, and steel production. The company does not currently have an established distribution schedule. This business appeals to investors interested in exposure to metals essential for battery and renewable energy applications, though as an early-stage exploration company it carries correspondingly higher risk.

TMC performance versus SPY

Price and return data through 2026-10-16.

Total return is -73.4% over the past 6.3 years, 250.3 points behind SPY at 176.9%. Over the past year its total return — price change plus distributions reinvested — is -70.3%. Its deepest 1-year drawdown was 72.7%.

TMC key facts

Asset type

Stock

Asset class

Equity

Inception date

06/26/2020

Distribution frequency

None

Last close

$2.58 (as of 2026-10-16)

Market cap

$1,138,129,544

Average volume

3723388.0

Beta

1.911

Payout ratio

0.0%

EPS

$-0.68

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TMC risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 72.7%.

Who may consider TMC — and who may not

It is a weaker fit for investors who need monthly cash flow (TMC does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on TMC

• All tickers starting with T

Tagged: Metals.

Frequently asked questions