BlackRock World Mining Trust (LON:BRWM) Hits New 12-Month High – Should You Buy?

BlackRock World Mining Trust plc (LON:BRWM) hit a new 52-week high on Thursday . The stock traded as high as GBX 1,060 and last traded at GBX 1,057.20, with a volume of 1153805 shares traded. The stock had previously closed at GBX 1,046.

BlackRock World Mining Trust Stock Down 4.5%

The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.30 and a current ratio of 0.22. The firm has a market cap of £1.83 billion, a price-to-earnings ratio of 2.68 and a beta of 1.73. The firm has a 50-day moving average price of GBX 937.48 and a two-hundred day moving average price of GBX 871.06.

Insider Buying and Selling at BlackRock World Mining Trust

In other BlackRock World Mining Trust news, insider Marion Sears bought 100 shares of the business’s stock in a transaction dated Thursday, April 9th. The shares were acquired at an average price of GBX 967 per share, with a total value of £967. Company insiders own 0.16% of the company’s stock.

About BlackRock World Mining Trust

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. Up to 10% of gross assets may be held in physical metals and up to 20% may be invested in unquoted investments.