BlackRock World Mining Trust (LON:BRWM) Releases Quarterly Earnings Results
by Danessa Lincoln · The Markets DailyBlackRock World Mining Trust (LON:BRWM – Get Free Report) announced its quarterly 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 net margin of 98.77% and a return on equity of 52.74%.
BlackRock World Mining Trust Trading Up 0.6%
Shares of BlackRock World Mining Trust stock traded up GBX 5.92 on Monday, reaching GBX 1,022. 143,109 shares of the company were exchanged, compared to its average volume of 719,258. 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 fifty day moving average price of GBX 938.87 and a 200-day moving average price of GBX 949.99. The firm has a market capitalization of £1.91 billion, a price-to-earnings ratio of 2.79 and a beta of 1.69. 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 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. Up to 10% of gross assets may be held in physical metals and up to 20% may be invested in unquoted investments.