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TMC the metals company Inc. (TMC) Gets a Buy from Alliance Global Partners

Tipranks - Tipranks - Sat Mar 28, 10:09AM CDT

Alliance Global Partners analyst Jake Sekelsky reiterated a Buy rating on TMC the metals company Inc. today and set a price target of $12.25.

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Sekelsky covers the Basic Materials sector, focusing on stocks such as Avino Silver & Gold, United States Antimony, and Endeavour Silver. According to TipRanks, Sekelsky has an average return of 37.1% and a 50.23% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TMC the metals company Inc. with a $11.67 average price target.

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Based on TMC the metals company Inc.’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $184.52 million. In comparison, last year the company had a GAAP net loss of $20.52 million

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