BlackRock Energy and Resources (LON:BERI) Issues Quarterly Earnings Results

Key Points

• BlackRock Energy and Resources reported quarterly earnings of GBX 2 ($0.03) per share, with a significant return on equity of 14.20% and a net margin of 87.97%.
• The stock experienced a slight decline, trading down GBX 0.67 on Tuesday, with a current price of GBX 120.33 ($1.60) and a market capitalization of £142.72 million.
• The company focuses on capital growth and dividends by investing primarily in the mining and energy sectors.

BlackRock Energy and Resources (LON:BERI - ) announced its quarterly earnings data on Monday. The company reported GBX 2 ($0.03) earnings per share for the quarter, Digital Look Earnings reports. BlackRock Energy and Resources had a return on equity of 14.20% and a net margin of 87.97%.

BlackRock Energy and Resources Price Performance

LON BERI traded down GBX 0.67 ($0.01) during trading hours on Tuesday, hitting GBX 120.33 ($1.60). The company had a trading volume of 408,197 shares, compared to its average volume of 257,425. BlackRock Energy and Resources has a fifty-two week low of GBX 87.81 ($1.17) and a fifty-two week high of GBX 129.50 ($1.72). The company has a market capitalization of £142.72 million, a price-to-earnings ratio of 6.32 and a beta of 0.98. The firm's 50 day moving average is GBX 116.07 and its 200 day moving average is GBX 114.02.

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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