Shares of BlackRock World Mining Trust (LON:BRWM) are above the 50-day moving average of $522.99

BlackRock World Mining Trust plc (LON:BRWM – Get Your Free Report ) broke above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 522.99 ($7.00) and traded as high as GBX 555 ($7.42). Shares of BlackRock World Mining Trust last traded at GBX 540 ($7.22), with a volume of 808,030 shares changing hands.

BlackRock World Mining Trust Stock Performance

The stock’s 50-day simple moving average is GBX 522.99, and its 200-day simple moving average is GBX 552.60. The stock has a market cap of £1.03 billion, a price-to-earnings ratio of -7,714.29 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 announces dividend

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

BlackRock World Mining Trust Company Profile

(Get a free report)

BlackRock World Mining Trust plc is a closed-end 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 around the world. It seeks to invest in shares of companies operating in the mining and metals sectors.

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