BlackRock World Mining Trust (LON:BRWM) Stock Crosses Below 50 Day Moving Average of $584.74

BlackRock World Mining Trust plc (LON:BRWM) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 584.74 ($7.40) and traded as low as GBX 562 ($7.11). BlackRock World Mining Trust shares last traded at GBX 563 ($7.12), with a volume of 290,270 shares traded.

BlackRock World Mining Trust Price Performance

The company has a quick ratio of 0.30, a current ratio of 0.14 and a debt-to-equity ratio of 12.92. The stock has a market cap of £1.12 billion, a P/E ratio of -1,431.71 and a beta of 1.09. The company’s 50 day moving average price is GBX 585.38 and its 200-day moving average price is GBX 552.85.

BlackRock World Mining Trust Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, May 30th were paid a GBX 5.50 ($0.07) dividend. The ex-dividend date was Thursday, May 30th. This represents a dividend yield of 2.68%. BlackRock World Mining Trust’s payout ratio is -8,292.68%.

About BlackRock World Mining Trust

BlackRock World Mining Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the mining and metal sectors.