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

BlackRock World Mining Trust (LON:BRWMGet Free Report) issued its quarterly earnings data on Wednesday. The investment trust reported GBX 23.09 ($0.30) earnings per share for the quarter, Digital Look Earnings reports. BlackRock World Mining Trust had a negative return on equity of 1.19% and a negative net margin of 153.65%.

BlackRock World Mining Trust Trading Up 2.4 %

BRWM stock opened at GBX 476.20 ($6.09) on Wednesday. The company has a market capitalization of £911.95 million, a PE ratio of -68.13 and a beta of 1.01. BlackRock World Mining Trust has a 12-month low of GBX 463.20 ($5.93) and a 12-month high of GBX 634 ($8.11). The business’s fifty day moving average price is GBX 491.53 and its 200 day moving average price is GBX 507.71.

BlackRock World Mining Trust Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th were paid a dividend of GBX 12 ($0.15) per share. The ex-dividend date was Thursday, February 13th. This represents a yield of 3.62%. This is a positive change from BlackRock World Mining Trust’s previous dividend of $5.50. BlackRock World Mining Trust’s payout ratio is -486.41%.

BlackRock World Mining Trust Company Profile

(Get Free Report)

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.

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