BlackRock World Mining Trust plc (LON:BRWM - Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 469.05 ($6.26) and traded as high as GBX 488 ($6.52). BlackRock World Mining Trust shares last traded at GBX 482 ($6.44), with a volume of 266,044 shares traded.
BlackRock World Mining Trust Price Performance
The company has a 50-day moving average of GBX 469.64 and a two-hundred day moving average of GBX 488.58. The stock has a market capitalization of £920.19 million, a PE ratio of -68.74 and a beta of 1.01.
BlackRock World Mining Trust (LON:BRWM - Get Free Report) last issued its quarterly 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 will be paid on Tuesday, May 27th. Investors of record on Thursday, March 20th will be issued a dividend of GBX 6.50 ($0.09) per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a yield of 1.29%. BlackRock World Mining Trust's dividend payout ratio is -486.41%.
Insider Activity at BlackRock World Mining Trust
In other news, insider Srinivasan Venkatakrishnan purchased 2,000 shares of the business's stock in a transaction on Wednesday, March 5th. The stock was purchased at an average price of GBX 476 ($6.36) per share, for a total transaction of £9,520 ($12,715.37). 2.68% of the stock is currently owned by company insiders.
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.
Featured Stories
Before you consider BlackRock World Mining Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock World Mining Trust wasn't on the list.
While BlackRock World Mining Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
