Why These 15 Mining Stocks Are Skyrocketing So Far In 2025

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1. TMC The Metals Co (NASDAQ:TMC)

Number of Hedge Fund Holders In Q3 2024: 5

TMC The Metals Co (NASDAQ:TMC) is a deep-sea mining company. The company focuses on extracting polymetallic nodules from the Pacific Ocean’s Clarion Clipperton Zone and targets metals for EVs and renewable energy.

The stock is up sharply so far in 2025. This is due to several reasons. TMC’s subsidiary NORI set June 27, 2025, as the submission date for its exploitation application to the International Seabed Authority (ISA).

The ISA is expected to finalize its Mining Code by late 2025 and provide regulatory clarity for deep-sea mining. The U.S. Congress also mandated a Defense Department feasibility study (due 2025) on refining nodule-derived metals.

The consensus price target of $3.88 implies 117.7% upside.

TMC stock is up 58.93% year-to-date.

While we acknowledge the potential of TMC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TMC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: Why These 15 Healthcare Stocks Are Skyrocketing So Far In 2025 and Why These 15 Oil & Gas Stocks Are Skyrocketing So Far In 2025

Disclosure: None. This article was originally published at Insider Monkey.

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