TMC Stock Rises 178% Amid U.S.-Japan Partnership on Critical Minerals

AI Summary

TMC The Metals Company (TMC) has gained favor with retail investors, leading to an upward shift in sentiment as indicated by StockTwits data. Although TMC's stock is down approximately 25% year-to-date, it has surged about 178% over the last year. The company's CEO recently discussed a partnership with Japan to enhance deep-sea mining capabilities, potentially indicating new opportunities in the critical minerals market. Despite having no recorded revenue, TMC may benefit from the U.S. and Japan's efforts to diversify mineral sourcing away from China.