The Metals Company's Big Bet Now Comes Down to a License
The Metals Company (NASDAQ: TMC), a speculative deep-sea mining play, is advancing its strategy and gaining traction, with its progress now hinging on obtaining a license. The company's shares recently traded at $4.01, down 9.07%.
Why it matters — A TMC watcher would care because the company's entire deep-sea mining strategy now depends on securing the license that would allow it to proceed.