BlackRock World Mining Trust (LON:BRWM) Releases Quarterly Earnings Results

BlackRock World Mining Trust (LON:BRWMGet Free Report) announced its earnings results on Monday. The investment trust reported GBX 12.24 EPS for the quarter, Digital Look Earnings reports. BlackRock World Mining Trust had a return on equity of 52.74% and a net margin of 98.77%.

BlackRock World Mining Trust Trading Up 0.2%

Shares of LON:BRWM traded up GBX 2.42 during trading on Monday, reaching GBX 1,018.50. The stock had a trading volume of 168,053 shares, compared to its average volume of 719,403. BlackRock World Mining Trust has a fifty-two week low of GBX 582 and a fifty-two week high of GBX 1,076. The stock has a market cap of £1.90 billion, a P/E ratio of 2.78 and a beta of 1.69. The business has a fifty day moving average price of GBX 938.87 and a 200-day moving average price of GBX 949.99. The company has a quick ratio of 0.30, a current ratio of 0.22 and a debt-to-equity ratio of 6.05.

BlackRock World Mining Trust Company Profile

(Get Free Report)

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. Up to 10% of gross assets may be held in physical metals and up to 20% may be invested in unquoted investments.

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