BlackRock World Mining Trust (LON:BRWM) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Shares of BlackRock World Mining Trust plc (LON:BRWMGet Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 485.28 ($6.51) and traded as high as GBX 537 ($7.21). BlackRock World Mining Trust shares last traded at GBX 535 ($7.18), with a volume of 285,481 shares traded.

BlackRock World Mining Trust Trading Down 0.5%

The company has a market cap of £1.02 billion, a price-to-earnings ratio of -76.15 and a beta of 1.01. The company has a fifty day moving average price of GBX 485.28 and a two-hundred day moving average price of GBX 485.87.

BlackRock World Mining Trust Company Profile

(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.

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