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Basanite OTCPK:BASA Stock Report

Last Price

US$0.029

Market Cap

US$7.5m

7D

-23.0%

1Y

44.0%

Updated

20 Nov, 2024

Data

Company Financials

BASA Stock Overview

Through its subsidiary Basanite Industries, LLC, manufactures and sells basalt fiber reinforced polymer (FRP) products for the construction industry worldwide. More details

BASA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Basanite, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Basanite
Historical stock prices
Current Share PriceUS$0.029
52 Week HighUS$0.08
52 Week LowUS$0.0043
Beta0.49
11 Month Change-26.15%
3 Month Change333.08%
1 Year Change44.00%
33 Year Change-89.15%
5 Year Change-89.71%
Change since IPO-99.88%

Recent News & Updates

Recent updates

Shareholder Returns

BASAUS ChemicalsUS Market
7D-23.0%-1.0%-1.2%
1Y44.0%9.3%30.4%

Return vs Industry: BASA exceeded the US Chemicals industry which returned 9.3% over the past year.

Return vs Market: BASA exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is BASA's price volatile compared to industry and market?
BASA volatility
BASA Average Weekly Movement53.4%
Chemicals Industry Average Movement5.4%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: BASA's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: BASA's weekly volatility has increased from 34% to 53% over the past year.

About the Company

FoundedEmployeesCEOWebsite
20062Ali Manavwww.basaniteindustries.com

Basanite, Inc., through its subsidiary Basanite Industries, LLC, manufactures and sells basalt fiber reinforced polymer (FRP) products for the construction industry worldwide. The company offers BasaFlex, a basalt FRP reinforcing bar; BasaMix, which are fine denier basalt fibers; and BasaMesh, a line of basalt geogrid mesh rolls to replace welded wire mesh. Its basalt FRP products are used for concrete reinforcement and steel reinforcement, as well as a replacement for other FRP rebar and industry established fiber products.

Basanite, Inc. Fundamentals Summary

How do Basanite's earnings and revenue compare to its market cap?
BASA fundamental statistics
Market capUS$7.49m
Earnings (TTM)-US$1.67m
Revenue (TTM)US$267.61k

28.0x

P/S Ratio

-4.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BASA income statement (TTM)
RevenueUS$267.61k
Cost of RevenueUS$146.67k
Gross ProfitUS$120.94k
Other ExpensesUS$1.79m
Earnings-US$1.67m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0064
Gross Margin45.19%
Net Profit Margin-622.78%
Debt/Equity Ratio-54.3%

How did BASA perform over the long term?

See historical performance and comparison