BlackRock World Mining Trust (LON:BRWM) Hits New 1-Year High – Should You Buy?

BlackRock World Mining Trust plc (LON:BRWMGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 707.18 and last traded at GBX 705.93, with a volume of 60272 shares changing hands. The stock had previously closed at GBX 703.

BlackRock World Mining Trust Stock Up 0.8%

The stock has a market cap of £1.33 billion, a PE ratio of -73.58 and a beta of 1.01. The company’s fifty day moving average is GBX 670.26 and its 200 day moving average is GBX 593.69.

BlackRock World Mining Trust (LON:BRWMGet Free Report) last released its quarterly earnings data on Wednesday, September 3rd. The investment trust reported GBX 11.26 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 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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