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

BlackRock World Mining Trust (LON:BRWMGet Free Report) posted its earnings results on Wednesday. The investment trust reported GBX 24.37 earnings per share for the quarter, Digital Look Earnings reports. BlackRock World Mining Trust had a net margin of 98.77% and a return on equity of 52.74%. The firm had revenue of GBX 5,737 million during the quarter.

BlackRock World Mining Trust Trading Up 1.4%

BRWM stock opened at GBX 922.95 on Thursday. The firm has a fifty day moving average price of GBX 969.18 and a 200 day moving average price of GBX 912.06. BlackRock World Mining Trust has a fifty-two week low of GBX 515 and a fifty-two week high of GBX 1,060. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.30 and a current ratio of 0.22. The firm has a market cap of £1.72 billion, a PE ratio of 2.52 and a beta of 1.73.

Insider Buying and Selling at BlackRock World Mining Trust

In other BlackRock World Mining Trust news, insider Marion Sears bought 2,900 shares of the business’s stock in a transaction that occurred on Thursday, April 9th. The stock was purchased at an average cost of GBX 971 per share, with a total value of £28,159. Company insiders own 0.16% of the company’s stock.

About BlackRock World Mining Trust

(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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