Bimini Capital Managment, Inc. (OTCMKTS:BMNM) Director Robert J. Dwyer acquired 17,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 26th. The stock was purchased at an average price of $2.68 per share, with a total value of $45,560.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Bimini Capital Managment, Inc. (OTCMKTS:BMNM) opened at $2.65 on Wednesday. Bimini Capital Managment, Inc. has a 1-year low of $2.31 and a 1-year high of $3.00. The firm has a market cap of $34.15, a P/E ratio of 11.04 and a beta of 1.67. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.04 and a quick ratio of 0.04.
Bimini Capital Managment (OTCMKTS:BMNM) last announced its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $0.12 earnings per share for the quarter. Bimini Capital Managment had a net margin of 57.73% and a return on equity of 4.26%. The company had revenue of $1.51 million during the quarter.
Bimini Capital Management, Inc is a specialty finance company. The Company primarily invests in mortgage-backed securities (MBS). The principal and interest payments of these MBS are guaranteed by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or the Government National Mortgage Association (Ginnie Mae), and are backed primarily by single-family residential mortgage loans.
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