BlackRock World Mining Trust (LON:BRWM) Announces Quarterly Earnings Results
by Danessa Lincoln · The Markets DailyBlackRock World Mining Trust (LON:BRWM – Get Free Report) posted its quarterly earnings results on Monday. The investment trust reported GBX 12.24 earnings per share (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 0.6%
BRWM traded up GBX 5.92 during trading on Monday, hitting GBX 1,022. 143,109 shares of the stock traded hands, compared to its average volume of 719,258. The firm has a market capitalization of £1.91 billion, a P/E ratio of 2.79 and a beta of 1.69. BlackRock World Mining Trust has a 12-month low of GBX 582 and a 12-month high of GBX 1,076. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.22 and a quick ratio of 0.30. The firm has a 50-day moving average of GBX 938.87 and a 200 day moving average of GBX 949.99.
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.