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HomeIPOThe Metals Royalty Company Inc.

About

The Metals Royalty Company Inc.

The Metals Royalty Company Inc. engages in the acquisition and management of metals and mineral royalties, streams, and other related interests in North America. It primarily holds a 2.0% interest in the NORI property, a polymetallic nodule project located in southwest of San Diego, California.

The company was formerly known as Low Carbon Royalties Inc. and changed its name to The Metals Royalty Company Inc. in September 2025.

The Metals Royalty Company Inc. Overview

Ticker, listing venue and issuer profile

TickerTMCR
ExchangeNASDAQ
Statuspriced
SectorMaterials
IndustryOther Industrial Metals & Mining
CurrencyUSD
CIK Code2087398
CUSIP591322102
ISINCA5913221027

Offer & Key Dates

Pricing terms and IPO milestones

Price Range--
Offer Price--
Listing Price$15.00
Current Price$2.14
Shares Offered--
Shares Outstanding55.06M
Offer Size--
Market Cap$774.16M
Filing Date--
Priced DateApr 08, 2026
Listed Date--

Live Market Snapshot

Real-time price and trading activity

$14.06--

USD · NASDAQ:NASDAQ:TMCR

Open$14.20
High$14.50
Low$13.68
Volume66,059
52W High$21.38
52W Low$10.57
Market Cap$774.16M
Enterprise Value--

Valuation & Multiples

Key valuation ratios and metrics

P / E--
P / Book18.18
P / Sales--
EV / EBITDA--
EPS--
Revenue / Share (TTM)--
Revenue$0.00
Net Income$1.12M

Financial Health

Balance sheet strength and liquidity

Total Debt$0.00
Total Assets$46.08M
Cash$18.37M
Free Cash Flow--
Current Ratio9.12
Quick Ratio9.12
Debt / Equity0
CapEx--

Risk Metrics

Volatility versus the market

Beta-0.6
3Y Beta--
5Y Beta--

Financial Highlights

Historical financial performance

Historical Data

Market history and supplemental quote data

DateOpenHighLowCloseAdj. CloseChangeVolume
2026-05-13$13.79$14.50$13.60$13.71$13.71-0.0817,700
2026-05-12$13.56$14.92$13.23$13.87$13.87+0.31198,500
2026-05-11$14.82$15.38$13.60$13.75$13.75-1.07405,100
2026-05-08$14.90$15.00$14.61$14.75$14.75-0.1555,500
2026-05-07$15.96$16.01$14.80$14.99$14.99-0.9796,800
2026-05-06$15.50$16.78$14.80$15.20$15.20-0.30345,800
2026-05-05$15.75$17.00$15.00$15.50$15.50-0.25109,700
2026-05-04$16.39$17.86$15.51$15.59$15.59-0.8040,400
2026-05-01$16.00$16.05$15.27$15.70$15.70-0.309,000
2026-04-30$14.50$16.73$14.50$15.42$15.42+0.9296,700
2026-04-29$13.80$14.42$13.39$14.31$14.31+0.5131,700
2026-04-28$13.44$13.80$12.81$13.56$13.56+0.1293,300
2026-04-27$14.50$14.58$13.21$13.35$13.35-1.1547,800
2026-04-24$14.08$14.95$13.64$14.47$14.47+0.39152,300
2026-04-23$14.60$15.54$13.01$14.39$14.39-0.21191,400
2026-04-22$14.30$14.80$14.03$14.65$14.65+0.35325,600
2026-04-21$14.76$15.06$14.27$14.30$14.30-0.4631,900
2026-04-20$15.52$15.52$14.83$14.96$14.96-0.56121,700
2026-04-17$15.04$16.45$15.00$15.22$15.22+0.18146,600
2026-04-16$14.89$15.94$14.76$14.85$14.85-0.04518,700
2026-04-15$14.30$15.45$14.30$15.10$15.10+0.80128,000
2026-04-14$14.85$14.85$13.60$14.30$14.30-0.55161,600
2026-04-13$15.20$15.55$14.55$14.81$14.81-0.3947,800
2026-04-10$14.00$16.40$13.50$15.34$15.34+1.34166,500
2026-04-09$12.03$14.34$10.57$14.00$14.00+1.97166,900
2026-04-08$15.00$21.38$12.00$14.00$14.00-1.00588,400

SEC Filings

Official documents from SEC EDGAR

FormFiling DateDocument
SCHEDULE 13GMay 14, 2026Filing
S-8May 13, 2026Securities to be offered to employees in employee benefit plans
424B3May 12, 2026Prospectus
6-KMay 12, 2026Report of foreign issuer
424B3May 7, 2026Prospectus
6-KMay 7, 2026Report of foreign issuer
6-KMay 6, 2026Report of foreign issuer
20-FApr 27, 2026Annual and transition report of foreign private issuers
SCHEDULE 13GApr 9, 2026Filing
424B4Apr 8, 2026Prospectus

Company Info

Contact and headquarters details

Websitehttps://www.themetalsroyaltyco.com
HeadquartersCanada
Founded2022
Employees10
Phone403-984-1941
Address1900 Dome Tower, 333 7Th Avenue SWCalgary, AB T2P 2Z1Canada

Leadership

Key executives and officers

DS

Donald Sewell

President and Chief Financial Officer

MH

Michael Hess

Co-Founder

The Metals Royalty Company Inc. IPO - FAQs

The current price of TMCR is 14.01 USD — it has decreased by −1.15% in the past 24 hours. Watch The Metals Royalty Company Inc. stock price performance more closely on the chart.









Quick Facts

Exchange
NASDAQ
Ticker
TMCR
Deal Type
IPO
Offer Size
--
Market Cap
$774.16M
Shares Offered
--

Company Info

Website
https://www.themetalsroyaltyco.com
Headquarters
Canada
Founded
2022
Employees
10
Phone
403-984-1941
Address
1900 Dome Tower, 333 7Th Avenue SWCalgary, AB T2P 2Z1Canada
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The Metals Royalty Company Inc.

The Metals Royalty Company Inc.

TMCRNASDAQ
priced

Shares

55.06M shares

Listing Price

$15.00

Probable listing

Apr 08, 2026

Sector

Materials