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

BlackRock World Mining Trust (LON:BRWM) issued its earnings results on Monday. The investment trust reported GBX 12.24 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%.

BlackRock World Mining Trust Trading Down 0.7%

Shares of LON BRWM opened at GBX 1,014.90 on Tuesday. The stock has a market cap of £1.90 billion, a P/E ratio of 2.77 and a beta of 1.69. The firm has a 50 day moving average price of GBX 941.41 and a two-hundred day moving average price of GBX 950.49. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.30 and a current ratio of 0.22. BlackRock World Mining Trust has a 52-week low of GBX 590 and a 52-week high of GBX 1,076.

BlackRock World Mining Trust Company Profile

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.