Free Trial

BlackRock World Mining Trust (LON:BRWM) Stock Price Passes Above 50-Day Moving Average - Here's Why

BlackRock World Mining Trust logo with Financial Services background

BlackRock World Mining Trust plc (LON:BRWM - Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 519.81 ($6.75) and traded as high as GBX 545 ($7.08). BlackRock World Mining Trust shares last traded at GBX 530 ($6.88), with a volume of 320,153 shares trading hands.

BlackRock World Mining Trust Stock Performance

The firm has a 50-day simple moving average of GBX 519.77 and a two-hundred day simple moving average of GBX 553.42. The company has a market capitalization of £1.04 billion, a price-to-earnings ratio of -7,664.11 and a beta of 1.01. The company has a current ratio of 0.23, a quick ratio of 0.30 and a debt-to-equity ratio of 12.29.

BlackRock World Mining Trust Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 5th were paid a dividend of GBX 5.50 ($0.07) per share. The ex-dividend date was Thursday, September 5th. This represents a dividend yield of 1.03%. BlackRock World Mining Trust's dividend payout ratio (DPR) is -48,571.43%.

Insider Activity

In related news, insider Elisabeth Scott acquired 2,200 shares of the stock in a transaction dated Monday, October 7th. The shares were acquired at an average price of GBX 534 ($6.93) per share, with a total value of £11,748 ($15,253.18). 2.68% of the stock is owned by insiders.

About BlackRock World Mining Trust

(Get Free Report)

BlackRock World Mining Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the mining and metal sectors.

Read More

Should you invest $1,000 in BlackRock World Mining Trust right now?

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

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines