Shares of BlackRock World Mining Trust plc (LON:BRWM – Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 941.97 and traded as low as GBX 872. BlackRock World Mining Trust shares last traded at GBX 875, with a volume of 198,320 shares.
BlackRock World Mining Trust Trading Down 1.1%
The stock has a fifty day moving average of GBX 958.40 and a two-hundred day moving average of GBX 942.29. The company has a market capitalization of £1.65 billion, a PE ratio of 2.42 and a beta of 0.99. The company has a current ratio of 0.22, a quick ratio of 0.30 and a debt-to-equity ratio of 6.05.
BlackRock World Mining Trust (LON:BRWM – Get Free Report) last issued its earnings results on Wednesday, June 10th. The investment trust reported GBX 24.37 earnings per share (EPS) for the quarter. BlackRock World Mining Trust had a return on equity of 52.74% and a net margin of 98.77%.The business had revenue of GBX 5,737 million during the quarter.
About BlackRock World Mining Trust
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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