TMC Stock: Price & Latest News – What Reddit is Saying

TMC Stock: Can Deep-Sea Mining Dreams Survive a Gold Rush?

The Metals Company (TMC) is trying to claw its way back from a brutal November. After peaking above $11 on the back of critical minerals hype, the stock cratered, briefly dipping below $5. Now, it's hovering around $8, fueled by Deutsche Bank's bullish gold forecast. The question is: can TMC's deep-sea mining ambitions truly benefit from a rising gold tide, or is this just another speculative wave?

Gold Glitters, But Does It Help TMC?

Deutsche Bank's revised gold prediction—a jump to $4,450/oz by 2026 (up from $4,000)—is undoubtedly bullish for the precious metals sector. The bank cites structural demand increases and central bank buying as key drivers. But the link to TMC, a company focused on nickel, cobalt, copper, and manganese nodules on the ocean floor, isn't immediately obvious. The article suggests a correlation, stating, "This has helped rare earth metal companies such as TMC."

That's a pretty loose connection, isn't it? Gold prices rising might lift sentiment towards resource extraction in general, but TMC isn't pulling gold out of the seabed. It's going after polymetallic nodules. The article does mention geopolitical unease and enthusiasm around critical minerals as previous drivers for the stock’s climb. Maybe the logic is that rising gold prices signal broader economic instability, which then leads to increased interest in alternative resource plays like deep-sea mining. Still, it feels like a stretch.

Technical Bounces vs. Fundamental Headwinds

Technically, the stock is showing signs of life. The article points to long-term buyers stepping in around the 200-day simple moving average and the 50-week moving average holding as support. Last week’s candle formation resembled a doji, often interpreted as a sign of indecision following an extended decline. Price action has improved enough to suggest that selling pressure has eased. But technicals are just squiggles on a chart. They don't erase the fundamental challenges TMC faces.

The company is still pre-revenue, burning cash, and navigating a regulatory minefield. Environmental concerns surrounding deep-sea mining are only growing louder, potentially leading to stricter regulations or outright bans. The article mentions an executive order intended to accelerate deep-sea mining approvals, but that policy support hasn't offset the underlying risks. Recent earnings were disappointing, raising concerns about the need for further capital raises (which would dilute existing shareholders).

I've looked at hundreds of these resource company narratives, and the pattern is always the same: initial hype, followed by the cold, hard reality of execution. TMC needs to demonstrate it can actually extract these nodules economically and sustainably, and that's a massive "if." As one article pointed out, Can TMC The Metals Company Stock Beat the Market?

Taiwan Tensions and Trump's "Tone Down" Request

The article throws in an interesting geopolitical angle: Trump reportedly asked Japan to soften its stance on Taiwan. The idea is that aggressive language could escalate tensions with China, potentially impacting critical mineral supply chains. This is where the narrative gets interesting. The initial surge in TMC's stock was fueled by geopolitical unease. If tensions ease, the urgency to find alternative sources of critical minerals diminishes, leading to profit-taking.

But does Trump asking Japan to "lower the tone" really negate the long-term strategic imperative to diversify critical mineral sources? I doubt it. China's dominance in rare earth processing is a known vulnerability, and Washington’s interest in securing the nation's supply of critical minerals bodes well for this innovative mining company. One phone call isn't going to change that.

A Gold-Plated Mirage?

TMC’s stock might continue to rebound in the short term, riding the coattails of gold's ascent. But ultimately, its fate hinges on factors far beyond precious metal prices. The ability to secure funding, navigate environmental regulations, and prove the viability of deep-sea mining will be the true tests. Until then, this rally looks more like a gold-plated mirage than a sustainable recovery.