BlackRock World Mining Trust (LON:BRWM) Hits New 12-Month High – What’s Next?

BlackRock World Mining Trust plc (LON:BRWM)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 1,060 and last traded at GBX 1,056.96, with a volume of 408856 shares changing hands. The stock had previously closed at GBX 1,048.

BlackRock World Mining Trust Stock Performance

The company has a current ratio of 0.22, a quick ratio of 0.30 and a debt-to-equity ratio of 6.05. The firm has a market capitalization of £1.98 billion, a PE ratio of 2.89 and a beta of 1.68. The firm’s fifty day moving average price is GBX 927.34 and its 200 day moving average price is GBX 946.19.

BlackRock World Mining Trust (LON:BRWM) last announced its quarterly earnings data on Wednesday, June 10th. The investment trust reported GBX 24.37 earnings per share (EPS) for the quarter. BlackRock World Mining Trust had a return on equity of 52.74% and a net margin of 98.77%.The business had revenue of GBX 5,737 million during the quarter.

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.