BlackRock World Mining Trust (LON:BRWM - Get Free Report) released its earnings results on Wednesday. The investment trust reported GBX 23.09 ($0.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports. 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 Trading Down 0.8 %
BlackRock World Mining Trust stock traded down GBX 4 ($0.05) during midday trading on Friday, reaching GBX 484 ($6.25). The company's stock had a trading volume of 1,391,151 shares, compared to its average volume of 653,045. BlackRock World Mining Trust has a 52 week low of GBX 463.20 ($5.99) and a 52 week high of GBX 634 ($8.19). The business has a 50-day moving average price of GBX 491.46 and a 200-day moving average price of GBX 506.55. The stock has a market cap of £926.89 million, a PE ratio of -69.24 and a beta of 1.01.
BlackRock World Mining Trust Increases Dividend
The firm also recently announced a dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th were given a GBX 12 ($0.16) dividend. This represents a yield of 3.62%. The ex-dividend date was Thursday, February 13th. This is a boost from BlackRock World Mining Trust's previous dividend of $5.50. BlackRock World Mining Trust's payout ratio is currently -486.41%.
Insider Buying and Selling at BlackRock World Mining Trust
In other news, insider Srinivasan Venkatakrishnan purchased 2,000 shares of BlackRock World Mining Trust stock in a transaction dated Wednesday, March 5th. The shares were bought at an average cost 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.
Featured Stories
Before you consider BlackRock World Mining Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock World Mining Trust wasn't on the list.
While BlackRock World Mining Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
