BlackRock World Mining Trust (LON:BRWM) Announces Quarterly Earnings Results

BlackRock World Mining Trust (LON:BRWM) posted its quarterly earnings results on Monday. The investment trust reported GBX 12.24 EPS for the quarter, Digital Look Earnings reports. BlackRock World Mining Trust had a return on equity of 52.74% and a net margin of 98.77%.

BlackRock World Mining Trust Stock Performance

LON:BRWM opened at GBX 1,023.76 on Tuesday. BlackRock World Mining Trust has a 1 year low of GBX 590 and a 1 year high of GBX 1,076. The firm has a 50 day moving average of GBX 941.41 and a 200-day moving average of GBX 950.49. The stock has a market capitalization of £1.91 billion, a P/E ratio of 2.80 and a beta of 1.69. The company has a current ratio of 0.22, a quick ratio of 0.30 and a debt-to-equity ratio of 6.05.

About BlackRock World Mining Trust

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. Up to 10% of gross assets may be held in physical metals and up to 20% may be invested in unquoted investments.