Odyssey Marine Exploration, Inc. discovers, validates, and develops seafloor mineral resources. Co. has a diversified mineral portfolio, which includes projects controlled by the Co. and other projects in which it has a minority owner and service provider. Co.'s projects include the Exploraciones Oceanicas Phosphate Project, CIC Project, and LIHIR Gold Project. The Exploraciones Oceanicas Phosphate Project is a rich deposit of phosphate sands located 70-90 meters deep within Mexico's Exclusive Economic Zone. The project is located approximately 25-40 kilometers from the coast of Baja California Sur, Mexico. The OMEX YTD return is shown above.
The YTD Return on the OMEX YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether OMEX YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the OMEX YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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