Bimini Capital Management (OTCMKTS:BMNM) Posts Quarterly Earnings Results

Bimini Capital Management (OTCMKTS:BMNM) issued its earnings results on Thursday. The financial services provider reported ($0.15) EPS for the quarter, Zacks reports. Bimini Capital Management had a negative return on equity of 56.73% and a negative net margin of 40.69%. The firm had revenue of $3.28 million during the quarter.

Bimini Capital Management Price Performance

Shares of OTCMKTS BMNM opened at $1.00 on Friday. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 3.29. Bimini Capital Management has a 52 week low of $0.65 and a 52 week high of $1.16. The firm’s fifty day moving average is $0.97 and its 200 day moving average is $0.98. The company has a market cap of $10.07 million, a price-to-earnings ratio of -2.17 and a beta of 1.10.

Bimini Capital Management Company Profile

Bimini Capital Management, Inc, through its subsidiaries, operates as a specialty finance company in the United States. The company operates in two segments, Asset Management and Investment Portfolio. The Asset Management segment includes investment advisory services by Bimini Advisors to Orchid Island Capital, Inc and Royal Palm Capital, LLC.