The Metals Company Stock Pops After News of a $27m Capital Raise: Does it Justify Buying the Stock?

By |2023-12-07T19:54:05+00:00August 15th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Word broke on Monday morning that the Metals Company (TMC) has been approved to raise gross proceeds of as little as $27 million or up to $38 million through a registered direct offering. The company specializes in deep-sea floor mining, pulling low-impact battery metals from seafloor polymetallic nodules. And after struggling to retain its [...]