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BlackRock World Mining Trust (LON:BRWM) Hits New 52-Week High - What's Next?

BlackRock World Mining Trust logo with Financial Services background

Key Points

  • BlackRock World Mining Trust has reached a new 52-week high, trading at GBX 667.02 ($8.94), with a trading volume of 70,191 shares.
  • The investment firm's most recent earnings report showed an EPS of GBX 11.26, but it reported a negative return on equity of 1.19% and a negative net margin of 153.65%.
  • BlackRock World Mining Trust aims to provide a diversified investment in mining and metal assets worldwide with the goal of maximizing total returns.
  • Interested in BlackRock World Mining Trust? Here are five stocks we like better.

BlackRock World Mining Trust plc (LON:BRWM - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 667.02 ($8.94) and last traded at GBX 667.02 ($8.94), with a volume of 70191 shares. The stock had previously closed at GBX 653 ($8.75).

BlackRock World Mining Trust Stock Performance

The firm has a 50 day simple moving average of GBX 583.72 and a 200 day simple moving average of GBX 526.34. The firm has a market cap of £1.25 billion, a P/E ratio of -1,059.80 and a beta of 1.01.

BlackRock World Mining Trust (LON:BRWM - Get Free Report) last issued its earnings results on Wednesday, September 3rd. The investment trust reported GBX 11.26 EPS for the quarter. BlackRock World Mining Trust had a negative return on equity of 1.19% and a negative net margin of 153.65%.

About BlackRock World Mining Trust

(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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