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

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

BlackRock World Mining Trust Stock Up 0.4%

LON BRWM traded up GBX 3.92 during mid-day trading on Monday, reaching GBX 1,020. The stock had a trading volume of 178,685 shares, compared to its average volume of 719,465. The stock has a market cap of £1.91 billion, a PE ratio of 2.79 and a beta of 1.69. BlackRock World Mining Trust has a 1 year low of GBX 582 and a 1 year high of GBX 1,076. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.22 and a quick ratio of 0.30. The company has a fifty day moving average price of GBX 938.87 and a 200 day moving average price of GBX 949.99.

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.