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

Posted by Stuart Ham on Mar 7th, 2025

BlackRock World Mining Trust (LON:BRWM – Get Free Report) announced its quarterly earnings data on Wednesday. The investment trust reported GBX 23.09 ($0.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports. BlackRock World Mining Trust had a negative return on equity of 1.19% and a negative net margin of 153.65%.

BlackRock World Mining Trust Stock Performance

Shares of LON:BRWM traded down GBX 3 ($0.04) on Friday, hitting GBX 485 ($6.25). 262,280 shares of the company’s stock were exchanged, compared to its average volume of 629,026. The company has a market capitalization of £928.80 million, a PE ratio of -69.38 and a beta of 1.01. BlackRock World Mining Trust has a 1-year low of GBX 463.20 ($5.97) and a 1-year high of GBX 634 ($8.17). The firm’s 50-day moving average is GBX 491.46 and its 200 day moving average is GBX 507.07.

BlackRock World Mining Trust Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 27th. Stockholders of record on Thursday, February 13th were given a dividend of GBX 12 ($0.15) per share. This is a boost from BlackRock World Mining Trust’s previous dividend of $5.50. This represents a dividend yield of 3.62%. The ex-dividend date was Thursday, February 13th. BlackRock World Mining Trust’s payout ratio is -486.41%.

Insider Buying and Selling at BlackRock World Mining Trust

In other news, insider Srinivasan Venkatakrishnan bought 2,000 shares of BlackRock World Mining Trust stock in a transaction dated Wednesday, March 5th. The stock was acquired at an average cost of GBX 476 ($6.13) per share, with a total value of £9,520 ($12,268.04). 2.68% of the stock is currently owned by insiders.

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.