BlackRock World Mining Trust (LON:BRWM) Hits New 52-Week High – Still a Buy?

Shares of BlackRock World Mining Trust plc (LON:BRWMGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,028 and last traded at GBX 1,022, with a volume of 1181715 shares. The stock had previously closed at GBX 979.

BlackRock World Mining Trust Stock Performance

The firm has a market cap of £1.90 billion, a P/E ratio of -105.23 and a beta of 1.01. The firm’s fifty day simple moving average is GBX 816.79 and its 200 day simple moving average is GBX 686.14.

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

Further Reading

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