BlackRock World Mining Trust (LON:BRWM) Hits New 12-Month High – Should You Buy?

Shares of BlackRock World Mining Trust plc (LON:BRWMGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 967 and last traded at GBX 961.97, with a volume of 703152 shares. The stock had previously closed at GBX 951.

BlackRock World Mining Trust Stock Performance

The company has a market capitalization of £1.83 billion, a PE ratio of -101.43 and a beta of 1.01. The company has a 50 day moving average price of GBX 792.21 and a 200 day moving average price of GBX 673.65.

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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