Bimini Capital Managment, Inc. (BMNM) Director Acquires $45,560.00 in Stock

Bimini Capital Managment, Inc. (OTCMKTS:BMNM) Director Robert J. Dwyer purchased 17,000 shares of the firm’s stock in a transaction dated Tuesday, December 26th. The shares were acquired at an average cost of $2.68 per share, with a total value of $45,560.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Bimini Capital Managment, Inc. (BMNM) opened at $2.65 on Friday. The firm has a market cap of $33.64, a P/E ratio of 11.04 and a beta of 1.53. Bimini Capital Managment, Inc. has a 52 week low of $2.41 and a 52 week high of $3.00. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.04 and a current ratio of 0.04.

Bimini Capital Managment (OTCMKTS:BMNM) last issued its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $0.12 earnings per share for the quarter. The company had revenue of $1.51 million during the quarter. Bimini Capital Managment had a net margin of 57.73% and a return on equity of 4.26%.

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Bimini Capital Managment Company Profile

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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