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

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 stock was sold at an average price of $0.93, for a total transaction of $61,380.00. Following the completion of the sale, the director now owns 182,966 shares of the company’s stock, valued at $170,158.38. This trade represents a 26.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

TMC the metals Stock Up 4.0 %

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TMC. Virtu Financial LLC bought a new position in shares of TMC the metals during the first quarter valued at $45,000. New Hampshire Trust purchased a new position in shares of TMC the metals in the second quarter worth approximately $543,000. Brown Lisle Cummings Inc. increased its holdings in TMC the metals by 100.0% during the second quarter. Brown Lisle Cummings Inc. now owns 50,000 shares of the company’s stock valued at $68,000 after buying an additional 25,000 shares during the last quarter. Finally, Old West Investment Management LLC boosted its stake in shares of TMC the metals by 100.0% during the 3rd quarter. Old West Investment Management LLC now owns 1,593,230 shares of the company’s stock worth $1,689,000 after acquiring an additional 796,615 shares during the last quarter. 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.