5 Cheap Nickel Stocks to Invest In Today

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In this article, we will look at 5 cheap nickel stocks to invest in today. You can learn more about other cheap nickel stocks and the market for nickel by going to 10 Cheap Nickel Stocks to Invest In Today.

5 Cheap Nickel Stocks to Invest In Today

5. The Metals Company Inc (NASDAQ:TMC)

Number of Hedge Fund Holders: 15

Share Price as of March 11: $2.70

The Metals Company Inc. (NASDAQ:TMC) is a Canadian mining company that engages in the exploration of battery-grade metals. It primarily explores nickel sulfate, cobalt sulfate, copper, and manganese products. The company was founded in 2021 and is headquartered in Vancouver, Canada. Shares of The Metals Company Inc. (NASDAQ:TMC) have gained an impressive 32.65% year-to-date.

The Metals Company Inc. (NASDAQ:TMC), which had its IPO in the third quarter of 2021, attracted a modest amount of hedge fund interest, as 18 funds took stakes in the company. That figure fell to 15 hedge funds with positions worth $3.58 million by the end of 2021. Highbridge Capital Management is the leading shareholder in The Metals Company Inc. (NASDAQ:TMC) among that group of funds, owning more than 400,000 shares worth over $1 million.

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