24/7 Market News Snapshot 28 April, 2025 – Odyssey Marine Exploration, Inc (NASDAQ:OMEX)

April 28, 2025

DENVER, Colo., 28 April, 2025 (www.247marketnews.com) – (NASDAQ:OMEX) are discussed in this article.
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a leader in ocean exploration and sustainable resource development, has reported significant activity in its stock performance with shares surging over 25.5%, reaching a high of $1.895 after opening at $1.213. This remarkable increase, building from a previous close of $1.510, has drawn considerable interest from investors, as evidenced by a trading volume of 41.58 million shares. The bullish sentiment suggests that traders are increasingly optimistic about the company’s growth prospects as it navigates through key resistance levels, potentially indicating a continued upward trend in the near future.

This surge in market interest coincides with the recent issuance of a pivotal Executive Order aimed at enhancing the United States’ capabilities in the exploration and retrieval of critical minerals from oceanic environments. The order emphasizes the importance of seabed-derived minerals in securing national priorities and meeting the rising global demand for essential resources, particularly in defense, clean energy, and advanced manufacturing.

Mark D. Gordon, CEO and Chairman of Odyssey, noted, “This Executive Order marks a significant milestone in the U.S. resource strategy. It confirms our long-held belief that the seabed harbors vital resources necessary for our future. The actions outlined in this order represent a crucial step in responsibly exploring these resources.”

Odyssey is strategically focusing on the development of battery metals, including polymetallic nodules and fertilizer-grade phosphates, to address critical supply chain gaps. The company’s extensive experience in deep-sea exploration and environmental stewardship uniquely positions it to lead advancements in seabed mineral development, aligning with national resource aspirations. Moreover, Odyssey reaffirmed its commitment to capitalizing on emerging opportunities, leveraging its universal shelf registration statement filed with the Securities and Exchange Commission to support future growth.

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