BlackRock Energy and Resources (LON:BERI) Hits New 12-Month High - Still a Buy?

Key Points

• BlackRock Energy and Resources (LON:BERI) reached a new 52-week high of GBX 128.50 ($1.74) during trading, with a significant volume of 190,861 shares traded.
• The company reported a net margin of 87.97% and a return on equity of 14.20% in its latest earnings results, highlighting strong profitability metrics.
• BlackRock Energy and Resources focuses on achieving an annual dividend target and long-term capital growth by investing primarily in the mining and energy sectors.

BlackRock Energy and Resources Inc (LON:BERI - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 128.50 ($1.74) and last traded at GBX 128.50 ($1.74), with a volume of 190861 shares changing hands. The stock had previously closed at GBX 127.50 ($1.72).

BlackRock Energy and Resources Stock Performance

The stock's 50-day moving average is GBX 121.61 and its 200 day moving average is GBX 114.46. The stock has a market capitalization of £145.65 million, a PE ratio of -1,019.84 and a beta of 0.98.

BlackRock Energy and Resources (LON:BERI - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported GBX 2 EPS for the quarter. BlackRock Energy and Resources had a net margin of 87.97% and a return on equity of 14.20%.

BlackRock Energy and Resources Company Profile

The Company aims to achieve an annual dividend target and, over the long term, capital growth by investing primarily in securities of companies operating in the mining and energy sectors.

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