Shares of BlackRock World Mining Trust plc (LON:BRWM - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 491.48 ($6.23) and traded as high as GBX 513 ($6.50). BlackRock World Mining Trust shares last traded at GBX 509 ($6.45), with a volume of 200,107 shares trading hands.
BlackRock World Mining Trust Price Performance
The stock has a market cap of £953.70 million, a price-to-earnings ratio of -71.24 and a beta of 1.01. The company's fifty day simple moving average is GBX 491.63 and its two-hundred day simple moving average is GBX 510.52.
BlackRock World Mining Trust Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, February 27th. Investors of record on Thursday, February 13th will be issued a GBX 12 ($0.15) dividend. This represents a dividend yield of 3.62%. The ex-dividend date of this dividend is Thursday, February 13th. This is a positive change from BlackRock World Mining Trust's previous dividend of $5.50. BlackRock World Mining Trust's dividend payout ratio is currently -486.41%.
BlackRock World Mining Trust Company Profile
(
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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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