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BlackRock World Mining Trust (LON:BRWM) Stock Price Crosses Above Fifty Day Moving Average - Here's Why

BlackRock World Mining Trust logo with Financial Services background

Shares of BlackRock World Mining Trust plc (LON:BRWM - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 495.36 ($6.12) and traded as high as GBX 504 ($6.23). BlackRock World Mining Trust shares last traded at GBX 498 ($6.15), with a volume of 713,322 shares trading hands.

BlackRock World Mining Trust Trading Down 1.0 %

The company has a market capitalization of £942.52 million, a P/E ratio of -7,042.86 and a beta of 1.01. The company has a 50-day simple moving average of GBX 495.22 and a 200 day simple moving average of GBX 520.80. The company has a debt-to-equity ratio of 12.29, a quick ratio of 0.30 and a current ratio of 0.23.

BlackRock World Mining Trust Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 28th were issued a dividend of GBX 5.50 ($0.07) per share. This represents a yield of 1.1%. The ex-dividend date of this dividend was Thursday, November 28th. BlackRock World Mining Trust's payout ratio is -48,571.43%.

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.

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