BlackRock World Mining Trust (LON:BRWM) Stock Passes Above 50 Day Moving Average – What’s Next?

Posted by Danessa Lincoln on May 7th, 2025

BlackRock World Mining Trust plc (LON:BRWM – Get Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 468.69 ($6.26) and traded as high as GBX 473.50 ($6.32). BlackRock World Mining Trust shares last traded at GBX 473.50 ($6.32), with a volume of 513,015 shares changing hands.

BlackRock World Mining Trust Trading Up 1.4 %

The firm has a market cap of £919.36 million, a PE ratio of -68.68 and a beta of 1.01. The firm has a fifty day simple moving average of GBX 468.69 and a two-hundred day simple moving average of GBX 491.54.

BlackRock World Mining Trust (LON:BRWM – Get Free Report) last released its quarterly earnings results on Wednesday, March 5th. The investment trust reported GBX 23.09 ($0.31) 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%.

BlackRock World Mining Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Thursday, March 20th will be issued a GBX 6.50 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a yield of 1.29%. BlackRock World Mining Trust’s dividend payout ratio (DPR) is -486.41%.

Insider Buying and Selling at BlackRock World Mining Trust

In related news, insider Srinivasan Venkatakrishnan purchased 2,000 shares of the company’s stock in a transaction dated Wednesday, March 5th. The shares were purchased at an average cost of GBX 476 ($6.36) per share, with a total value of £9,520 ($12,711.98). Insiders own 2.68% of the company’s stock.

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.