Bimini Capital Management (OTCMKTS:BMNM) Posts Earnings Results

Bimini Capital Management (OTCMKTS:BMNM) posted its quarterly earnings results on Thursday. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, Zacks reports. Bimini Capital Management had a negative net margin of 4.70% and a negative return on equity of 8.69%.

Bimini Capital Management Stock Performance

Shares of BMNM opened at $1.76 on Friday. The company has a debt-to-equity ratio of 3.69, a quick ratio of 0.07 and a current ratio of 0.07. The stock has a 50-day moving average of $1.30 and a two-hundred day moving average of $1.10. The stock has a market cap of $17.72 million, a P/E ratio of -29.33 and a beta of 0.19. Bimini Capital Management has a one year low of $0.60 and a one year high of $1.77.

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.