BASA Stock — Basanite Inc

Basanite Inc (BASA)

Updated October 16, 2026.

BASA is a Stock. Total return is -98.4% over the past 13.4 years, 584.9 points behind SPY at 486.5%.

Basanite manufactures and sells basalt fiber reinforced polymer (BFRP) products for construction, including reinforcing bars, fine denier fibers, and geogrid mesh designed to replace traditional steel reinforcement and welded wire mesh in concrete applications. The company distributes its products through third-party partners worldwide. Current distribution information is not available.

BASA performance versus SPY

Price and return data through 2026-10-16.

Total return is -98.4% over the past 13.4 years, 584.9 points behind SPY at 486.5%. Over the past year its total return — price change plus distributions reinvested — is -45.2%. Its deepest 1-year drawdown was 90.3%.

BASA key facts

Asset type

Stock

Asset class

Equity

Inception date

05/13/2013

Distribution frequency

None

Last close

$0.02 (as of 2026-10-16)

Market cap

$4,548,534

Average volume

60500.0

Beta

-0.187

Payout ratio

0.0%

EPS

$-0.01

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BASA risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 90.3%.

Who may consider BASA — and who may not

It is a weaker fit for investors who need monthly cash flow (BASA does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BASA

• All tickers starting with B

Tagged: Materials.

Frequently asked questions