BlackRock World Mining Trust (LON:BRWM) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Shares of BlackRock World Mining Trust plc (LON:BRWM) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 624.06 ($8.32) and traded as high as GBX 667.38 ($8.90). BlackRock World Mining Trust shares last traded at GBX 664 ($8.85), with a volume of 473,675 shares.

BlackRock World Mining Trust Trading Down 1.0%

The firm’s 50-day simple moving average is GBX 624.06 and its 200 day simple moving average is GBX 551.43. The stock has a market cap of £1.23 billion, a P/E ratio of -68.03 and a beta of 1.01.

BlackRock World Mining Trust (LON:BRWM) last issued its quarterly earnings data on Wednesday, September 3rd. The investment trust reported GBX 11.26 earnings per share (EPS) for the quarter. BlackRock World Mining Trust had a negative return on equity of 1.19% and a negative net margin of 153.65%.

BlackRock World Mining Trust Company Profile

The Company aims to provide a diversified investment in mining and metal assets worldwide, actively managed with the objective of maximising total returns. While the policy is to invest principally in quoted securities, the Company’s investment policy includes investing in royalties derived from the production of metals and minerals as well as physical metals.