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

BlackRock World Mining Trust (LON:BRWM) announced 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 Trading Up 0.2%

BRWM traded up GBX 1.92 during mid-day trading on Monday, reaching GBX 1,018. The stock had a trading volume of 193,999 shares, compared to its average volume of 719,554. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.30 and a current ratio of 0.22. The stock has a market capitalization of £1.90 billion, a P/E ratio of 2.78 and a beta of 1.69. The firm’s fifty day simple moving average is GBX 938.87 and its two-hundred day simple moving average is GBX 949.99. BlackRock World Mining Trust has a 52 week low of GBX 582 and a 52 week high of GBX 1,076.

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.