BlackRock World Mining Trust plc (LON:BRWM - Get Free Report)'s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 469.29 ($6.32) and traded as high as GBX 501 ($6.74). BlackRock World Mining Trust shares last traded at GBX 501 ($6.74), with a volume of 689,441 shares trading hands.
BlackRock World Mining Trust Stock Performance
The business's 50-day simple moving average is GBX 469.29 and its 200-day simple moving average is GBX 485.25. The company has a market capitalization of £967.11 million, a price-to-earnings ratio of -72.25 and a beta of 1.01.
BlackRock World Mining Trust (LON:BRWM - Get Free Report) last issued its earnings results on Wednesday, March 5th. The investment trust reported GBX 23.09 ($0.31) earnings per share (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%.
BlackRock World Mining Trust Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Thursday, March 20th were issued a GBX 6.50 ($0.09) dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a dividend yield of 1.29%. BlackRock World Mining Trust's dividend payout ratio (DPR) is currently -486.41%.
Insider Buying and Selling
In other BlackRock World Mining Trust news, insider Srinivasan Venkatakrishnan bought 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The stock was acquired at an average price of GBX 476 ($6.41) per share, with a total value of £9,520 ($12,812.92). 2.68% of the stock is owned by company insiders.
BlackRock World Mining Trust Company Profile
(
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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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