TMC the metals company Inc. (NASDAQ:TMC) Director Andrew Hall Sells 66,000 Shares

TMC the metals company Inc. (NASDAQ:TMC) Director Andrew Hall sold 66,000 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $0.93, for a total value of $61,380.00. Following the sale, the director now directly owns 182,966 shares in the company, valued at approximately $170,158.38. This represents a 26.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

TMC the metals Price Performance

TMC stock opened at $0.92 on Friday. TMC the metals company Inc. has a one year low of $0.80 and a one year high of $2.07. The company’s fifty day moving average price is $1.00 and its 200-day moving average price is $1.18.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Old West Investment Management LLC lifted its stake in shares of TMC the metals by 100.0% in the 3rd quarter. Old West Investment Management LLC now owns 1,593,230 shares of the company’s stock valued at $1,689,000 after purchasing an additional 796,615 shares during the last quarter. New Hampshire Trust purchased a new stake in shares of TMC the metals in the second quarter valued at $543,000. Brown Lisle Cummings Inc. boosted its stake in shares of TMC the metals by 100.0% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 50,000 shares of the company’s stock worth $68,000 after purchasing an additional 25,000 shares during the period. Finally, Virtu Financial LLC purchased a new stake in TMC the metals in the 3rd quarter worth about $44,000. 4.39% of the stock is owned by hedge funds and other institutional investors.

TMC the metals Company Profile

TMC the metals company Inc, a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean.