The Metals Company permitting progress and partnerships keep Wedbush bullish

The Metals Company (NASDAQ:TMC) reported its fourth quarter fiscal 2025 results on Friday, providing updates across its operations, including progress on its commercial production permit application with the National Oceanic and Atmospheric Administration (NOAA) and plans for a nodule processing and refining hub in Texas. Wedbush analysts maintained an ‘Outperform' rating on the deep sea mining company following the report, noting that TMC continues to advance its long-term strategic goals.