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

BlackRock World Mining Trust (LON:BRWM) announced its quarterly earnings data on Monday. The investment trust reported GBX 12.24 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 Performance

Shares of LON BRWM traded up GBX 5.92 during trading on Monday, reaching GBX 1,022. 143,109 shares of the company traded hands, compared to its average volume of 719,258. The stock has a market cap of £1.91 billion, a P/E ratio of 2.79 and a beta of 1.69. The firm’s fifty day simple moving average is GBX 941.41 and its 200 day simple moving average is GBX 950.49. The company has a current ratio of 0.22, a quick ratio of 0.30 and a debt-to-equity ratio of 6.05. BlackRock World Mining Trust has a 12-month low of GBX 582 and a 12-month high of GBX 1,076.

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.