BlackRock World Mining Trust (LON:BRWM) Reaches New 12-Month High – Here’s Why

BlackRock World Mining Trust plc (LON:BRWMGet Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 594 ($8.01) and last traded at GBX 591 ($7.97), with a volume of 586356 shares trading hands. The stock had previously closed at GBX 580 ($7.82).

BlackRock World Mining Trust Stock Performance

The stock has a 50 day simple moving average of GBX 561.68 and a two-hundred day simple moving average of GBX 511.64. The firm has a market cap of £1.11 billion, a PE ratio of -944.53 and a beta of 1.01.

BlackRock World Mining Trust (LON:BRWMGet Free Report) last released its quarterly earnings data on Wednesday, September 3rd. The investment trust reported GBX 11.26 EPS for the quarter. 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 Company Profile

(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.

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