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

BlackRock World Mining Trust (LON:BRWM) posted its quarterly earnings data on Monday. The investment trust reported GBX 12.24 earnings per share 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 0.6%

Shares of BRWM stock traded up GBX 5.92 on Monday, reaching GBX 1,022. 143,109 shares of the stock were exchanged, compared to its average volume of 719,258. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.22 and a quick ratio of 0.30. BlackRock World Mining Trust has a one year low of GBX 582 and a one year high of GBX 1,076. The stock has a market cap of £1.91 billion, a PE ratio of 2.79 and a beta of 1.69. The stock has a 50 day moving average price of GBX 941.41 and a 200 day moving average price of GBX 950.49.

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.