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

BlackRock World Mining Trust (LON:BRWM) released its earnings results on Wednesday. The investment trust reported GBX 24.37 EPS for the quarter, Digital Look Earnings reports. BlackRock World Mining Trust had a net margin of 98.77% and a return on equity of 52.74%. The company had revenue of GBX 5,737 million for the quarter.

BlackRock World Mining Trust Trading Up 1.4%

Shares of BRWM opened at GBX 922.95 on Thursday. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.22 and a quick ratio of 0.30. BlackRock World Mining Trust has a 1 year low of GBX 515 and a 1 year high of GBX 1,060. The company has a 50 day simple moving average of GBX 969.18 and a two-hundred day simple moving average of GBX 912.06. The firm has a market cap of £1.72 billion, a P/E ratio of 2.52 and a beta of 1.73.

Insider Transactions at BlackRock World Mining Trust

In related news, insider Marion Sears acquired 100 shares of the business’s stock in a transaction on Thursday, April 9th. The stock was acquired at an average cost of GBX 967 per share, with a total value of £967. 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.