Odyssey Marine Exploration, Inc. (OMEX), a company based in Tampa, Florida, operates within the industrials sector, specifically under the commercial services and supplies industry. As a mining company, OMEX is dedicated to the discovery, validation, and development of subsea mineral deposits, catering to the needs of clients across the United States. The company is publicly traded on the Nasdaq, with its shares priced in USD.
As of January 22, 2026, OMEX’s closing price stood at $2.33. Over the past year, the company’s stock has experienced significant volatility, with a 52-week high of $4.43 on October 13, 2025, and a low of $0.27 on April 6, 2025. This fluctuation reflects the challenges and uncertainties faced by the company in its operations and market perception.
The market capitalization of OMEX is currently valued at $133,770,000. However, the company’s financial metrics present a concerning picture. The price-to-earnings (P/E) ratio is negative at -2.63, indicating that the company is not currently generating profits. Similarly, the price-to-book ratio is also negative at -2.60249, suggesting that the market price of the shares exceeds the company’s book value. These metrics highlight the financial struggles OMEX is facing, as both earnings and book values fall below the market price.
In terms of recent developments, OMEX has not made any public announcements. The last notable activity was on January 21, 2026, when Voisard Asset Management Group, Inc. acquired 27,700 shares of the company. This transaction may indicate a strategic interest from Voisard Asset Management in OMEX’s future prospects, despite the current financial challenges.
The company’s focus on subsea mineral exploration remains a critical aspect of its business model. However, the negative financial indicators and stock volatility suggest that OMEX must navigate significant hurdles to achieve stability and growth. Investors and stakeholders will likely be closely monitoring the company’s strategies and any potential developments that could impact its financial health and market position.
