BlackRock World Mining Trust plc (LON:BRWM - Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 464.06 ($6.00) and last traded at GBX 464.17 ($6.00), with a volume of 1145572 shares trading hands. The stock had previously closed at GBX 483.50 ($6.25).
BlackRock World Mining Trust Trading Down 0.8 %
The stock has a market cap of £926.89 million, a P/E ratio of -69.24 and a beta of 1.01. The company has a 50 day simple moving average of GBX 491.46 and a 200 day simple moving average of GBX 506.55.
BlackRock World Mining Trust (LON:BRWM - Get Free Report) last released its earnings results on Wednesday, March 5th. The investment trust reported GBX 23.09 ($0.30) 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 Increases Dividend
The company also recently announced a dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th were paid a GBX 12 ($0.16) dividend. This is a boost from BlackRock World Mining Trust's previous dividend of $5.50. The ex-dividend date was Thursday, February 13th. This represents a yield of 3.62%. BlackRock World Mining Trust's payout ratio is presently -486.41%.
Insider Buying and Selling at BlackRock World Mining Trust
In related news, insider Srinivasan Venkatakrishnan acquired 2,000 shares of the company's stock in a transaction dated Wednesday, March 5th. The shares were bought at an average price of GBX 476 ($6.15) per share, for a total transaction of £9,520 ($12,301.33). Company insiders own 2.68% of the company's stock.
About BlackRock World Mining Trust
(
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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