The stock of Odyssey Marine Exploration (OMEX, Financial) experienced a notable drop of 5.81%. The share price reached $0.443, with a trading volume of 82,819 shares and a turnover rate of 0.28%. The stock's amplitude was recorded at 6.11%.
Financially, Odyssey Marine Exploration reported revenue of $213,901 and a net profit of $18.69 million, resulting in earnings per share of $0.90. The company also reported a gross loss of $1.13 million and a price-to-earnings ratio of 0.78. Currently, there are no institutional ratings for buying, holding, or selling the stock.
Within the industrial metals and mining sector, where Odyssey Marine Exploration operates, there was an overall increase of 0.63%. Notable gainers in the sector included Lithium Argentina Ag, Iperionx Ltd, and Nova Minerals Ltd. Active stocks included Snow Lake Resources Ltd., Lithium Americas Corp., and Compass Minerals, with turnover rates of 9.72%, 1.33%, and 1.17%, respectively. Stocks with significant amplitude included Snow Lake Resources Ltd. (22.86%), Nova Minerals Ltd C/Wt Exp 24/07/2029 (15.40%), and Critical Metals Corp. (12.82%).
Odyssey Marine Exploration specializes in deep-sea exploration, focusing on mineral exploration, project development, and marine services. The company collaborates with governments to identify mineral resources within exclusive economic zones, emphasizing phosphate and polymetallic nodule projects. Their projects include the ExO Phosphate Project, CIC, Marine Minerals, and the Liheng Gold Project.
