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

BlackRock World Mining Trust (LON:BRWM) announced 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 net margin of 98.77% and a return on equity of 52.74%.

BlackRock World Mining Trust Stock Up 0.2%

Shares of BlackRock World Mining Trust stock traded up GBX 2.42 during trading on Monday, hitting GBX 1,018.50. The company’s stock had a trading volume of 168,053 shares, compared to its average volume of 719,403. The company has a market capitalization of £1.90 billion, a PE ratio of 2.78 and a beta of 1.69. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.30 and a current ratio of 0.22. BlackRock World Mining Trust has a 52 week low of GBX 582 and a 52 week high of GBX 1,076. The company has a fifty day simple moving average of GBX 938.87 and a two-hundred day simple moving average of GBX 949.99.

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.