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

BlackRock World Mining Trust (LON:BRWM) released its earnings results on Monday. The investment trust reported GBX 12.24 earnings per share 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 Down 0.3%

Shares of LON BRWM opened at GBX 1,018.90 on Tuesday. BlackRock World Mining Trust has a 52 week low of GBX 590 and a 52 week high of GBX 1,076. The stock’s fifty day moving average is GBX 941.41 and its 200 day moving average is GBX 950.49. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.30 and a current ratio of 0.22. The stock has a market capitalization of £1.90 billion, a P/E ratio of 2.78 and a beta of 1.69.

BlackRock World Mining Trust Company Profile

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.