BlackRock World Mining Trust (LON:BRWM) Releases Earnings Results
by Danessa Lincoln · The Markets DailyBlackRock World Mining Trust (LON:BRWM – Get Free Report) issued its 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 return on equity of 52.74% and a net margin of 98.77%.
BlackRock World Mining Trust Price Performance
Shares of BRWM traded up GBX 5.92 during trading hours on Monday, hitting GBX 1,022. The stock had a trading volume of 143,109 shares, compared to its average volume of 719,258. The company’s fifty day moving average is GBX 938.87 and its two-hundred day moving average is GBX 949.99. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.22 and a quick ratio of 0.30. BlackRock World Mining Trust has a 52 week low of GBX 582 and a 52 week high of GBX 1,076. The stock has a market capitalization of £1.91 billion, a price-to-earnings ratio of 2.79 and a beta of 1.69.
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.