Bimini Capital Management (OTCMKTS:BMNM) Releases Earnings Results

Bimini Capital Management (OTCMKTS:BMNM) issued its quarterly earnings data on Thursday. The financial services provider reported $0.04 earnings per share for the quarter, Zacks reports. Bimini Capital Management had a net margin of 32.69% and a return on equity of 56.67%.

Bimini Capital Management Price Performance

Bimini Capital Management stock remained flat at $2.65 during trading hours on Thursday. The firm has a market cap of $26.67 million, a PE ratio of 4.42 and a beta of 0.16. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 2.04. The firm has a fifty day simple moving average of $2.44 and a 200 day simple moving average of $2.80. Bimini Capital Management has a 12-month low of $0.99 and a 12-month high of $3.89.

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. The Investment Portfolio segment engages in investment activities conducted by Royal Palm Capital, LLC. It invests in residential mortgage-backed securities.