BlackRock World Mining Trust (LON:BRWM) Announces 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 Stock Performance

LON BRWM traded down GBX 14 during trading hours on Wednesday, hitting GBX 1,022. 208,817 shares of the stock were exchanged, compared to its average volume of 713,375. The company has a quick ratio of 0.30, a current ratio of 0.22 and a debt-to-equity ratio of 6.05. 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 12-month low of GBX 594 and a 12-month high of GBX 1,076. The stock has a 50-day moving average of GBX 944.11 and a 200 day moving average of GBX 950.89.

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.