BlackRock World Mining Trust plc (LON:BRWM - Get Free Report)'s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 471.33 ($6.26) and traded as high as GBX 484.50 ($6.44). BlackRock World Mining Trust shares last traded at GBX 469 ($6.23), with a volume of 311,839 shares traded.
BlackRock World Mining Trust Stock Performance
The firm's 50-day moving average is GBX 469.90 and its 200 day moving average is GBX 492.97. The firm has a market capitalization of £891.46 million, a PE ratio of -66.59 and a beta of 1.01.
BlackRock World Mining Trust (LON:BRWM - Get Free Report) last announced its earnings results on Wednesday, March 5th. The investment trust reported GBX 23.09 ($0.31) earnings per share for the quarter. BlackRock World Mining Trust had a negative net margin of 153.65% and a negative return on equity of 1.19%.
BlackRock World Mining Trust Cuts Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, May 27th. Investors of record on Thursday, March 20th will be given a dividend of GBX 6.50 ($0.09) per share. This represents a yield of 1.29%. The ex-dividend date of this dividend is Thursday, March 20th. BlackRock World Mining Trust's dividend payout ratio (DPR) is presently -486.41%.
Insider Transactions at BlackRock World Mining Trust
In related news, insider Srinivasan Venkatakrishnan acquired 2,000 shares of the firm's stock in a transaction on Wednesday, March 5th. The stock was bought at an average cost of GBX 476 ($6.32) per share, with a total value of £9,520 ($12,647.80). Corporate insiders own 2.68% of the company's stock.
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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