Can TMC The Metals Company Stock Beat the Market?
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When asked to imagine mining operations, most will picture machinery moving around massive holes in the ground. TMC The Metals Company (NASDAQ: TMC) has something else in mind. Committed to deep-sea mining, TMC is working toward extracting cobalt, nickel, copper, and manganese from the polymetallic nodules (small mineral-rich rocks) that it procures from the sea floor.Since the start of the year, shares of TMC have skyrocketed by approximately 375% as of this writing, vastly outperforming the S&P 500 (SNPINDEX: ^GSPC), which has risen by 14%. However, prospective investors want to know how the stock has performed over more extended time periods, and whether it has the potential to continue outperforming the market.Let's take a closer look at TMC The Metals Company to answer these questions and see if the stock is worth closer consideration. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool
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