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

Firm Capital Mortgage Investment (TSE:FC) posted its quarterly earnings results on Thursday. The company reported C$0.24 earnings per share for the quarter, reports. The business had revenue of C$17.05 million during the quarter. Firm Capital Mortgage Investment had a net margin of 57.13% and a return on equity of 8.92%.

Firm Capital Mortgage Investment Price Performance

FC opened at C$11.63 on Friday. The company has a debt-to-equity ratio of 39.27, a quick ratio of 17.11 and a current ratio of 0.12. Firm Capital Mortgage Investment has a fifty-two week low of C$10.95 and a fifty-two week high of C$12.49. The firm’s fifty day moving average is C$12.13 and its 200 day moving average is C$12.00. The stock has a market cap of C$427.25 million, a price-to-earnings ratio of 11.36 and a beta of 0.61.

Firm Capital Mortgage Investment Company Profile

Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company provides construction, equity and conventional real estate finance for include residential houses, small multi-family residential properties, mixed-use residential and others to the builder, developer, and real estate owner marketplace along with a high level of personal service to real estate investors.