BA

Basanite IncOOTC BASA Stock Report

Last reporting period 30 Sep, 2023

Updated 08 Nov, 2024

Last price

Market cap $B

0.005

Micro

Exchange

OOTC - OTC

BASA Stock Analysis

BA

Uncovered

Basanite Inc is uncovered by Eyestock quantitative analysis.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

-64/100

Low score

Market cap $B

0.005

Dividend yield

Shares outstanding

257.16 B

Basanite, Inc. engages in the manufacturing of concrete-reinforcing products made from basalt fiber reinforced polymers. The company is headquartered in Pompano Beach, Florida and currently employs 23 full-time employees. The company went IPO on 2009-05-08. Its product includes BasaFlex, a basalt fiber reinforced polymer (BFRP) reinforcing bar known as rebar. The Company’s two other main product lines are BasaMix, which are denier basalt fibers available in various chopped sizes and BasaMesh, a line of Basalt Geogrid Mesh Rolls. BasaFlex BFRP rebar is a corrosion proof, chemical, acid and moisture resistant material. BasaMix is designed to help absorb the stresses associated with early-aged plastic shrinkage and settlement cracking in concrete, as well as providing an increased toughness for enhanced reinforcement in slab on grade (SOG) and precast elements. BasaMesh is designed for secondary and temperature shrinkage reinforcement. BasaMesh can also work in conjunction with the BasaFlex rebar or BasaMix for a total reinforcement program.

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