Basanite (OTCMKTS:BASA) Issues Quarterly Earnings Results

Basanite (OTCMKTS:BASA) posted its quarterly earnings data on Sunday. The company reported ($0.01) EPS for the quarter, Zacks reports.

Basanite Price Performance

Shares of OTCMKTS BASA opened at $0.02 on Tuesday. The stock has a 50 day moving average price of $0.02 and a 200 day moving average price of $0.03. Basanite has a 52 week low of $0.01 and a 52 week high of $0.07.

About Basanite

Basanite, Inc engages in the basalt fiber reinforced polymer (FRP) business worldwide. It produces basalt FRP products that are used as replacement for other FRP rebar and industry fiber products, as wells as steel reinforcement. The company was formerly known as PayMeOn, Inc and changed its name to Basanite, Inc in December 2018. The company was founded in 2006 and is headquartered in Pompano Beach, Florida.