Seafarer Exploration Corp (PK:SFRX)
Business Focus: Business Support Services
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Company News
Mar 28, 2024 09:00 ET
Seafarer Exploration Corp Announces Renewal of Melbourne Beach Shipwreck Site Permits Through 2027
Renewal permits awarded for advancing underwater archaeology efforts
Jan 16, 2024 07:30 ET
Seafarer Issued USACE Permit for the Juno Site, a key milestone in the project to document, explore and recover key artifacts within historic shipwrecks utilizing proprietary technology.
Seafarer also holds an active, previously issued, Admiralty in Rem claim by the United States District Court giving Seafarer true, sole and exclusive ownership of the unidentified shipwreck at Juno Beach.
Valuation Ratios
Industry
Sector
Beta
0.63
--
--
Price to Sales - TTM
3,525.78
2.06
1.86
Price to Book - most recent quarter
--
1.78
2.20
Price to Cash Flow per share - TTM
--
11.72
13.15
Price to Free Cash Flow per share - TTM
--
22.49
22.62
Business Summary
| Sector: Industrials | Industry: Business Support Services |
Seafarer Exploration Corp. is an underwater exploration and technology company. The Company's principal business is to develop the infrastructure to engage in rescue archaeology, archaeologically sensitive exploration and research, recovery, and conservation of historic shipwrecks. The business plan includes in-depth archival research and translation of historical documents from archives and repositories from around the world. The plan also includes the development of various new technologies, including the flagship SeaSearcher technology, which improves efficiencies of both time and accuracy, as well as create a smaller operational footprint. The Company is also actively researching, exploring, and testing new technology to help more accurately understand current and future historic shipwreck sites. Its secondary business is to support its historic shipwreck exploration and recovery operations. The Company's active sites include Melbourne Beach, Florida, and Juno Beach, Florida.
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