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

BlackRock World Mining Trust (LON:BRWM) posted its quarterly earnings data on Wednesday. The investment trust reported GBX 24.37 earnings per share 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%.The company had revenue of GBX 5,737 million during the quarter.

BlackRock World Mining Trust Stock Up 1.9%

BRWM stock opened at GBX 927 on Thursday. BlackRock World Mining Trust has a twelve month low of GBX 515 and a twelve month high of GBX 1,060. The company has a quick ratio of 0.30, a current ratio of 0.22 and a debt-to-equity ratio of 6.05. The firm has a market cap of £1.73 billion, a PE ratio of 2.53 and a beta of 1.73. The business has a 50 day moving average of GBX 969.18 and a 200 day moving average of GBX 912.06.

Insiders Place Their Bets

In other BlackRock World Mining Trust news, insider Marion Sears bought 2,900 shares of BlackRock World Mining Trust stock in a transaction on Thursday, April 9th. The stock was acquired at an average price of GBX 971 per share, with a total value of £28,159. 0.16% of the stock is currently owned by company insiders.

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.