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

BlackRock World Mining Trust plc (LON:BRWMGet Free Report)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 700 and last traded at GBX 698.94, with a volume of 215792 shares trading hands. The stock had previously closed at GBX 686.

BlackRock World Mining Trust Trading Up 2.1%

The company has a market cap of £1.31 billion, a price-to-earnings ratio of -72.51 and a beta of 1.01. The stock has a 50 day moving average price of GBX 649.98 and a two-hundred day moving average price of GBX 572.82.

BlackRock World Mining Trust (LON:BRWMGet Free Report) last announced its quarterly earnings results on Wednesday, September 3rd. The investment trust reported GBX 11.26 earnings per share for the quarter. BlackRock World Mining Trust had a negative net margin of 153.65% and a negative return on equity of 1.19%.

About BlackRock World Mining Trust

(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.

Featured Stories

Receive News & Ratings for BlackRock World Mining Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock World Mining Trust and related companies with MarketBeat.com's FREE daily email newsletter.