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

BlackRock World Mining Trust (LON:BRWM) issued its quarterly 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 return on equity of 44.05% and a net margin of 96.63%.

BlackRock World Mining Trust Stock Performance

LON:BRWM opened at GBX 1,022 on Thursday. The company has a market cap of £1.91 billion, a price-to-earnings ratio of 2.79 and a beta of 1.69. BlackRock World Mining Trust has a fifty-two week low of GBX 594 and a fifty-two week high of GBX 1,076. The company has a debt-to-equity ratio of 8.91, a quick ratio of 0.30 and a current ratio of 0.28. The stock has a fifty day moving average price of GBX 946.29 and a 200-day moving average price of GBX 951.23.

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.