TMC Stock: Price and News – What Reddit is Saying
The Curious Case of TMC Stock: A Data Dive
TMC The Metals Company (TMC) is making waves, but is it a tsunami or just a ripple? The stock's performance is undeniably eye-catching. A roughly 375% surge since the start of 2025 stands in stark contrast to the S&P 500's more modest 14% climb. And on November 21, 2025, TMC boasted a 1-year performance of 482% and a 3-year performance of 523%. As of November 25, 2025, it was trading at $5.83, up $0.40 (7.37%) for the day.
But here’s the thing about percentages: they can be deceptive. A small base makes even a modest gain look enormous. So, let's dig a little deeper.
Unearthing the Truth: Beyond the Hype
The allure, as some investors see it, lies in the political winds favoring domestic supplies of critical minerals. President Trump's executive orders in April, aimed at boosting U.S. leadership in seabed mineral development, clearly gave TMC shares a shot in the arm. An insider stock purchase in 2023 also added fuel to the fire, signaling confidence from within.
However, a crucial piece of context is often glossed over: TMC's history since merging with a SPAC in September 2021. Since that merger (completed on Sept. 9, 2021), TMC stock performance is down 43.3% as of Nov. 21, 2025. That’s a significant drop. The recent surge, while impressive, is essentially a climb out of a deep hole.
What accounts for the discrepancy? The initial SPAC merger was likely overvalued, a common pitfall in the SPAC boom. The current rise is a correction, but is it a justified one? I've looked at hundreds of these filings, and the aggressive way TMC is marketing its potential is making me wonder if they are over-selling their prospects.
The Deep-Sea Mining Gamble: Promise vs. Reality
TMC's core business hinges on deep-sea mining – extracting cobalt, nickel, copper, and manganese from polymetallic nodules on the ocean floor. The promise is tantalizing: a vast, untapped resource of critical minerals needed for electric vehicles and renewable energy technologies. But the reality is far more complex.
The environmental concerns are substantial, and the long-term ecological impact of large-scale deep-sea mining remains largely unknown. While TMC touts its technology and responsible mining practices, the truth is that this is uncharted territory. We simply don't have enough data to fully assess the risks.
And this is the part of the report that I find genuinely puzzling. Why aren’t more analysts pressing TMC on the long-term costs of remediating the ocean floor? Are we so blinded by the potential profits that we are ignoring the price our grandchildren may pay?
The question isn't just about the availability of these minerals; it's about the cost – not just in dollars, but in environmental impact. Are we trading one environmental problem (traditional mining) for another (deep-sea disruption)? And if so, is the trade-off worth it?
Even if the environmental hurdles are cleared, the technological and logistical challenges are immense. Extracting minerals from the deep sea is a far cry from traditional mining operations on land. The costs are high, the technology is unproven at scale, and the regulatory landscape is still evolving.
The market seems to be betting on TMC overcoming these challenges and unlocking a vast treasure trove of resources. But is this optimism justified? Or is it a case of investors getting caught up in the hype, blinded by the potential rewards while downplaying the very real risks? Some analysts believe TMC stock can beat the market, but is that realistic? Can TMC The Metals Company Stock Beat the Market? - The Motley Fool
Is This a Sustainable Surge?
The data paints a mixed picture. TMC's stock has indeed soared, driven by political tailwinds and investor enthusiasm. But the company's history since its SPAC merger and the inherent challenges of deep-sea mining raise serious questions about the sustainability of this surge.
The long-term success of TMC hinges on its ability to navigate the environmental, technological, and regulatory complexities of deep-sea mining. Until these uncertainties are resolved, investors should proceed with caution.