BlackRock World Mining Trust plc (LON:BRWM - Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 468.69 ($6.24) and traded as high as GBX 473.50 ($6.30). BlackRock World Mining Trust shares last traded at GBX 473.50 ($6.30), with a volume of 513,015 shares changing hands.
BlackRock World Mining Trust Stock Up 0.6 %
The stock has a market capitalization of £919.23 million, a price-to-earnings ratio of -68.67 and a beta of 1.01. The company's 50-day moving average is GBX 468.89 and its 200-day moving average is GBX 490.66.
BlackRock World Mining Trust (LON:BRWM - Get Free Report) last announced 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 net margin of 153.65% and a negative return on equity of 1.19%.
BlackRock World Mining Trust Cuts Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Thursday, March 20th will be paid a GBX 6.50 ($0.09) dividend. This represents a dividend 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 stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average price of GBX 476 ($6.33) per share, with a total value of £9,520 ($12,664.63). Company 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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