Bimini Capital Management (OTCMKTS:BMNM) Releases Earnings Results

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

Bimini Capital Management Price Performance

Shares of BMNM traded up $0.03 during trading hours on Thursday, hitting $1.76. 11,757 shares of the stock were exchanged, compared to its average volume of 9,309. The company has a debt-to-equity ratio of 3.69, a quick ratio of 0.07 and a current ratio of 0.07. Bimini Capital Management has a 12-month low of $0.60 and a 12-month high of $1.77. The company has a market cap of $17.72 million, a price-to-earnings ratio of -29.33 and a beta of 0.18. The stock’s 50-day moving average price is $1.29 and its two-hundred day moving average price is $1.09.

About Bimini Capital Management

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.