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Basanite, Inc. (BASA)

OTC Basic Materials Construction Materials
$0.02 ▼ -1.27%
Market Cap
$5.0M
Sector
Basic Materials
Industry
Construction Materials
Beta
-0.13
52-Wk Range
0.006-0.068
CEO
Ronald J. LoRicco
Country
US
Currency
USD

Basanite, Inc. operates in the Construction Materials industry of the Basic Materials sector, headquartered in Pompano Beach, FL, US. The stock last traded at $0.02, down 1.27% on the session, giving a market capitalisation of $5.0M. On trailing twelve-month figures it carries a trailing P/E of -2.28, a net margin of -5446.4%. Its beta of -0.13 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-2.28
Price / Sales
126.72
Price / Book
-0.45
EV / EBITDA
-14.15
Gross margin
-308.9%
Operating margin
-2970.9%
Net margin
-5446.4%
Return on equity
Debt / equity
-0.52
Current ratio
0.00
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
Other OTC
Employees
2
IPO date
2013-08-05
Headquarters
Pompano Beach, FL, US
About Basanite, Inc.

Basanite, Inc. is a global enterprise specializing in basalt fiber reinforced polymer (FRP) technology. The company develops and manufactures basalt FRP products that serve as superior alternatives to conventional steel reinforcement, as well as other FRP rebar and various industrial fiber materials. Established in 2006, the firm was initially known as PayMeOn, Inc. before officially rebranding to Basanite, Inc. in December 2018. Its corporate headquarters are located in Oakland Park, Florida.

Comparable companies

Basanite, Inc. is most often compared with the following Basic Materials names:

ATOXFBRKCFMGPRFNLPXFRARMFRIINFRMIOFSTSBFTORVFUSCMF
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