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

BlackRock World Mining Trust (LON:BRWM) announced its earnings results on Monday. The investment trust reported GBX 12.24 earnings per share (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 Up 0.2%

Shares of LON BRWM traded up GBX 2.42 during trading on Monday, reaching GBX 1,018.50. The company had a trading volume of 168,053 shares, compared to its average volume of 719,403. The stock has a market cap of £1.90 billion, a P/E ratio of 2.78 and a beta of 1.69. BlackRock World Mining Trust has a 12 month low of GBX 582 and a 12 month high of GBX 1,076. The company has a quick ratio of 0.30, a current ratio of 0.22 and a debt-to-equity ratio of 6.05. The company’s fifty day moving average price is GBX 938.87 and its 200-day moving average price is GBX 949.99.

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.