Basanite

BASA · OTC

$0.0234+$0.0033 (+16.42%)TodayMarket closed ·
No price history for this range.

About BASA

Basanite, Inc. engages in the manufacturing of concrete-reinforcing products made from basalt fiber reinforced polymers. The company is headquartered in New Haven, Connecticut and currently employs 2 full-time employees. The company went IPO on 2009-05-08. The Company’s core product includes BasaFlex, a basalt fiber reinforced polymer (BFRP) reinforcing bar (known as rebar). BasaFlex BFRP rebar is a corrosion proof, chemical, acid and moisture resistant material. Its two other main product lines are BasaMix, which are fine denier basalt fibers available in various chopped sizes, and BasaMesh, a line of Basalt Geogrid Mesh Rolls, intended to replace welded wire mesh (made of steel). BasaMix is designed to help absorb the stresses associated with early-aged plastic shrinkage and settlement cracking in concrete. 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.

Employees
2
Headquarters
New Haven, Connecticut
Listed
May 8, 2009
Sector
Materials
Industry
Chemicals

BASA key statistics

Market cap
6.27M
Price-earnings ratio
0.00
Dividend yield
—
Average volume
104.56K
Volume
1.00K
Open price
$0.0234
High today
$0.0234
Low today
$0.0234
52 Week high
$0.0679
52 Week low
$0.0058

Basanite (BASA) at a glance

Basanite (BASA) last traded at $0.0234, with a market cap of 6.27M and a price-to-earnings ratio of 0.00.

Volume so far is 1.00K shares, below the average of 104.56K shares a day.

Over the past year Basanite has ranged from $0.0058 to $0.0679, and now sits 28% of the way up that range.

BASA news

  • Press releasePRNewswire

    BASANITE INC. SIGNS TERM SHEET WITH EASTMAN MINERALS FOR PROPOSED $2 MILLION INVESTMENT IN SOMALILAND GOLD PROCESSING PROJECT

  • Press releasePRNewswire

    Basanite Industries, Inc. Provides Corporate Update

  • Press releasePRNewswire

    Basanite Industries, Inc. Appoints Michael D. Nelson as Chief Executive Officer

  • Press releasePRNewswire

    Basanite, Inc. to Open New Production and Distribution Facility in Northeast Ohio

  • Press releasePRNewswire

    BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING

  • Press releasePRNewswire

    Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer

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