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BlackRock World Mining Trust (LON:BRWM) Reaches New 1-Year High - Time to Buy?

BlackRock World Mining Trust logo with Financial Services background

BlackRock World Mining Trust plc (LON:BRWM - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as GBX 570 ($7.74) and last traded at GBX 568.80 ($7.73), with a volume of 82828 shares trading hands. The stock had previously closed at GBX 560 ($7.61).

BlackRock World Mining Trust Price Performance

The company has a 50-day moving average of GBX 525.14 and a 200 day moving average of GBX 495.73. The company has a market cap of £1.13 billion, a PE ratio of -84.55 and a beta of 1.01.

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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