Odyssey Marine Exploration, Inc. (OMEX)

NASDAQ: OMEX · IEX Real-Time Price · USD
4.700
-0.050 (-1.05%)
At close: Feb 23, 2024, 4:00 PM
4.760
+0.060 (1.28%)
After-hours: Feb 23, 2024, 6:11 PM EST
-1.05%
Market Cap 93.91M
Revenue (ttm) 1.11M
Net Income (ttm) 649,808
Shares Out 19.98M
EPS (ttm) 0.03
PE Ratio 156.67
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 124,067
Open 4.760
Previous Close 4.750
Day's Range 4.610 - 4.900
52-Week Range 2.840 - 5.070
Beta 0.28
Analysts Strong Buy
Price Target 7.50 (+59.57%)
Earnings Date Apr 1, 2024

About OMEX

Odyssey Marine Exploration, Inc., together with its subsidiaries, discovers, validates, and develops seafloor mineral resources worldwide. The company provides specialized mineral exploration, project development, and marine services to clients. Odyssey Marine Exploration, Inc. was founded in 1994 and is headquartered in Tampa, Florida. [Read more]

Sector Industrials
Founded 1986
Employees 14
Stock Exchange NASDAQ
Ticker Symbol OMEX
Full Company Profile

Financial Performance

In 2022, OMEX's revenue was $1.33 million, an increase of 44.88% compared to the previous year's $921,238. Losses were -$23.14 million, 132.4% more than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for OMEX stock is "Strong Buy" and the 12-month stock price forecast is $7.5.

Price Target
$7.5
(59.57% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Odyssey Marine Exploration Secures Strategic Debt Financing Deal

TAMPA, Fla.--(BUSINESS WIRE)---- $OMEX--Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), a global subsea mineral exploration, validation, and development company, reported today that it took a signifi...

2 months ago - Business Wire

Odyssey Marine Exploration Addresses NASDAQ Compliance Matters

TAMPA, Fla.--(BUSINESS WIRE)---- $OMEX--Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), a global subsea mineral exploration and validation company, reported that on November 21, 2023, Odyssey receive...

3 months ago - Business Wire

Odyssey Marine Exploration Announces the Departure of its Chief Financial Officer

TAMPA, Fla.--(BUSINESS WIRE)---- $OMEX--Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), a global subsea mineral exploration, validation, and development company, announced that Christopher E. Jones, ...

9 months ago - Business Wire

Odyssey Marine Exploration Announces Partnership with Ocean Minerals LLC for a New Cook Islands Exploration Project

TAMPA, Fla.--(BUSINESS WIRE)---- $OMEX--Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), a global subsea mineral exploration, validation, and development company, announced today an important next ste...

9 months ago - Business Wire

Odyssey Marine Exploration to Attend Two Upcoming Mining Investment Conferences

Tampa, Florida--(Newsfile Corp. - May 25, 2023) - Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), a global subsea mineral exploration and development company, is pleased to announce the company is pa...

9 months ago - Newsfile Corp

Odyssey Marine Exploration Announces Reduction of Debt & Potential Dilution That Is Accretive to Shareholders; Provides Updates on Company Projects and Progress

TAMPA, Fla.--(BUSINESS WIRE)---- $OMEX--Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), a global subsea mineral exploration and development company, has reached an agreement with Altos Hornos de Méxi...

1 year ago - Business Wire

Odyssey Marine Exploration Reaches Major Milestone in $2B+ NAFTA Case

TAMPA, Fla.--(BUSINESS WIRE)---- $OMEX--Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and development company, announces that on Monday, September 12, 2022, the c...

1 year ago - Business Wire

Odyssey Marine Exploration Reports Second Quarter 2022 Results and Provides Project Updates

TAMPA, Fla.--(BUSINESS WIRE)---- $OMEX--Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and development company, provided a corporate update. “The second quarter wa...

1 year ago - Business Wire

Odyssey Marine Exploration Provides Update

TAMPA, Fla.--(BUSINESS WIRE)--Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and development company, provided a corporate update. “On Friday, we closed a register...

1 year ago - Business Wire

Odyssey Marine Exploration Announces Closing of $16.5 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

TAMPA, Fla.--(BUSINESS WIRE)--Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) ("Odyssey Marine Exploration" or "Company"), a global subsea mineral exploration and development company, today announced ...

1 year ago - Business Wire

Odyssey Marine Exploration Announces Pricing of $16.5 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

TAMPA, Fla.--(BUSINESS WIRE)--Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) ("Odyssey Marine Exploration" or "Company"), a global subsea mineral exploration and development company, today announced ...

1 year ago - Business Wire

Odyssey Marine Exploration Reports Full Year 2021 Results and Provides Updates on Global Portfolio of Ocean Mineral Resource Projects

TAMPA, Fla.--(BUSINESS WIRE)---- $OMEX--Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and development company, reported results for the full year ended December 3...

2 years ago - Business Wire

Odyssey Marine Exploration Reports Third Quarter 2021 Results and Updates Current Projects

TAMPA, Fla.--(BUSINESS WIRE)--Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and development company, reported results today for the third quarter ended September ...

2 years ago - Business Wire

Odyssey Marine Exploration Announces Significant Debt Reduction and Continued Focus on Mineral Exploration and Development

TAMPA, Fla.--(BUSINESS WIRE)--Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and development company, announced today that it entered into an agreement with Monaco...

2 years ago - Business Wire

Shareholder Input Needed on Important Arbitration Matter in Odyssey Marine's Claim vs. Mexico (NASDAQ:OMEX)

BALTIMORE--(BUSINESS WIRE)--Green River Asset Management has published a report requesting that shareholders provide their input to Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) (“Odyssey”) managemen...

2 years ago - Business Wire

New Research Describes Odyssey Marine's Strong Position in Arbitration vs. Mexico (NASDAQ:OMEX)

BALTIMORE--(BUSINESS WIRE)--Green River Asset Management has published a report on Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) (“Odyssey”) entitled, “Odyssey Produces Smoking Gun in Bombshell Filin...

2 years ago - Business Wire

Odyssey Marine Exploration Stock Gains After Investor Group Buys More Shares

An investor group led by asset recovery funder Drumcliffe LLC has purchased 1.13 million shares in Odyssey Marine Exploration Inc (NASDAQ: OMEX) from Epsilon Acquisitions LLC through a private transac...

2 years ago - Benzinga

Investor Group Led By Litigation Funder Drumcliffe Acquires Additional Equity Stake in Odyssey Marine Exploration, Inc. (NASDAQ:OMEX)

WASHINGTON--(BUSINESS WIRE)--An investor group led by asset recovery funder Drumcliffe LLC has purchased 1,138,245 shares in Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) (“Odyssey”), from Epsilon Ac...

2 years ago - Business Wire

Odyssey Marine Exploration Reports Second Quarter 2021 Results

TAMPA, Fla.--(BUSINESS WIRE)--Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a deep-ocean exploration pioneer engaged in the discovery, validation and development of subsea mineral deposits in a soci...

2 years ago - Business Wire

Odyssey Marine Exploration Reports First Quarter 2021 Results

TAMPA, Fla., May 17, 2021 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a deep-ocean exploration pioneer engaged in the discovery, validation and development of subsea minerals d...

3 years ago - GlobeNewsWire

Odyssey Marine Exploration Reports Full Year 2020 Results and Updates Current Projects

TAMPA, Fla., March 31, 2021 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a deep-ocean exploration pioneer engaged in the discovery, validation and development of subsea minerals...

3 years ago - GlobeNewsWire

Odyssey Marine Exploration's First Memorial in NAFTA Case Published

TAMPA, Fla., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a deep-ocean exploration pioneer engaged in the discovery, development and extraction of deep-ocean miner...

3 years ago - GlobeNewsWire

Odyssey Marine Exploration Prepared for Strong 2021 with Increased NAFTA Funding and 2020 Successes

TAMPA, Fla., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a deep-ocean exploration pioneer engaged in the discovery, development and extraction of deep-ocean miner...

3 years ago - GlobeNewsWire

Odyssey Marine Exploration Reports Third Quarter 2020 Results

TAMPA, Fla., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a deep-ocean exploration pioneer engaged in the discovery, development and extraction of deep-ocean miner...

3 years ago - GlobeNewsWire

Odyssey Marine Exploration Files First Memorial in Mexico NAFTA Case

TAMPA, Fla., Sept. 16, 2020 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a deep-ocean exploration pioneer engaged in the discovery, development and extraction of seabed minera...

3 years ago - GlobeNewsWire