BlackRock World Mining Trust plc (LON:BRWM - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 492.81 ($6.38) and traded as high as GBX 495.50 ($6.41). BlackRock World Mining Trust shares last traded at GBX 492.50 ($6.37), with a volume of 4,249,356 shares traded.
BlackRock World Mining Trust Stock Performance
The firm's 50-day simple moving average is GBX 492.08 and its two-hundred day simple moving average is GBX 502.59. The stock has a market cap of £926.97 million, a price-to-earnings ratio of -69.25 and a beta of 1.01.
BlackRock World Mining Trust (LON:BRWM - Get Free Report) last announced its quarterly earnings data 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 Cuts Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, May 27th. Investors of record on Thursday, March 20th will be paid a dividend of GBX 6.50 ($0.08) per share. This represents a dividend yield of 1.29%. The ex-dividend date is Thursday, March 20th. BlackRock World Mining Trust's dividend payout ratio (DPR) is -486.41%.
Insider Transactions at BlackRock World Mining Trust
In other news, insider Srinivasan Venkatakrishnan bought 2,000 shares of the stock in a transaction on Wednesday, March 5th. The stock was purchased at an average price of GBX 476 ($6.16) per share, with a total value of £9,520 ($12,322.03). 2.68% of the stock is owned by corporate insiders.
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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