Firm Capital Mortgage Investment (TSE:FC) Posts Quarterly Earnings Results

Firm Capital Mortgage Investment (TSE:FC) issued its quarterly earnings data on Tuesday. The company reported C$0.25 earnings per share (EPS) for the quarter, reports. The company had revenue of C$19.08 million for the quarter. Firm Capital Mortgage Investment had a net margin of 74.91% and a return on equity of 8.50%.

Firm Capital Mortgage Investment Trading Down 0.1 %

Shares of TSE:FC opened at C$11.26 on Thursday. Firm Capital Mortgage Investment has a 12-month low of C$9.58 and a 12-month high of C$12.16. The business’s fifty day simple moving average is C$11.50 and its 200-day simple moving average is C$11.20. The company has a market capitalization of C$413.58 million, a PE ratio of 11.37 and a beta of 1.04. The company has a current ratio of 6.11, a quick ratio of 17.11 and a debt-to-equity ratio of 57.73.

Firm Capital Mortgage Investment Company Profile

Firm Capital Mortgage Investment Corporation, through its mortgage banker, Firm Capital Corporation, invests in short-term residential and commercial real estate mortgage loans and real estate related debt investments in Canada. It engages in originating, funding, purchasing, and servicing mortgage investments.