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

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

BlackRock World Mining Trust Stock Down 2.4%

LON BRWM traded down GBX 24.35 during trading hours on Thursday, hitting GBX 997.65. 172,060 shares of the company traded hands, compared to its average volume of 710,281. 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 business’s 50-day moving average is GBX 946.29 and its 200-day moving average is GBX 951.23. The stock has a market capitalization of £1.86 billion, a price-to-earnings ratio of 2.73 and a beta of 1.69. BlackRock World Mining Trust has a twelve month low of GBX 596 and a twelve month high of GBX 1,076.

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.