Why is DSEAF Stock Down Today?
AI-generated explanation by Rhea-AI. How Rhea-AI works. Not financial advice.
Price Move History
- Daily moves over 5%
- 81 173 sessions, February 2, 2026 to October 26, 2026
- Largest daily move
- +113.8% close of February 9, 2026
- 1-month change
- +1.4% closing prices, September 25, 2026 to October 26, 2026
Company Description
Deep Sea Minerals Corp. is a subsea mineral exploration and development company focused on critical mineral opportunities from the deep ocean. The company describes its business around the acquisition, exploration and development of deep-sea mineral assets that could support future supplies of minerals used in strategic industrial applications. Its public trading identifiers include CSE: SEAS, OTCQB: DSEAF and FSE: X45.
The company’s operating focus is the evaluation of subsea mineral opportunities rather than conventional land-based mining operations. Its business model centers on identifying deep-ocean mineral assets, assessing their development potential and advancing projects that may contribute to critical-mineral supply chains. Company communications identify critical minerals as the core commodity category and place the business within the exploration and development stage of the mining sector.
Deep Sea Minerals Corp. also frames its activities around strategic supply needs for minerals used in advanced manufacturing, defense technologies and related industrial applications. Its disclosed focus includes the relationship between deep-sea mineral resources, potential commercialization pathways and institutional demand for reliable critical-mineral supply.
Stock Performance
DEEP SEA MINERALS (DSEAF) closed at $0.6206 on October 26, 2026. Over the past month, the price has gained 1.4%.
DSEAF Metrics & Rankings
Price returns through October 26, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
DEEP SEA MINERALS has 2 recent news articles, with the latest published today. Key topics include offering. View all DSEAF news →
SEC Filings
Short Interest History
Short interest in DEEP SEA MINERALS (DSEAF) currently stands at 65 shares, down 99.4% from the previous reporting period, representing 0.0% of the float. Since February 2026, short interest has decreased by 67.5%.
Days to Cover History
Days to cover for DEEP SEA MINERALS (DSEAF) currently stands at 1.0 days. The ratio is the reported short interest divided by the average daily trading volume.
DSEAF Company Profile & Sector Positioning
DEEP SEA MINERALS (DSEAF) operates in the Other Precious Metals & Mining industry within the broader Basic Materials sector and is listed on the OTC.
Deep Sea Minerals (DSEAF) filed a preliminary prospectus supplement for a proposed public offering tied to a proposed U.S. exchange listing. The offering comprises common shares represented by American depositary shares (ADSs) and warrants exercisable for ADSs. Each ADS is expected to represent 12 common shares; final offering terms will be determined at pricing.
The company intends to fund exploration-rights applications in the Clarion-Clipperton Fracture Zone and Cook Islands Exclusive Economic Zones, pre-offshore readiness work, listing and compliance costs, and working capital. Proceeds will not be sufficient to fund any offshore work program. The company expects to grant the underwriter a 45-day option for up to 15% additional ADSs and/or warrants. Closing requires any necessary Canadian Securities Exchange and proposed U.S. exchange approvals. No securities will be offered or sold to Canadian purchasers.